IHS Chemical Week

Markets :: Specialty Chemicals :: Catalysts

Albemarle Targets Cost Savings

2:28 AM MST | December 23, 2008 | Vincent Valk

Albemarle said Friday that it intends to cut annualized costs by about $40 million next year in response to the difficult economic environment. "Given the challenges of the global economic environment that has worsened in recent months, we are taking a number of proactive measures to position the company to better manage the market volatility we are seeing as well as position ourselves to be opportunistic," says Mark Rohr, chairman and CEO. The company expects demand reductions to have a major impact on its polymer additives business, and says other...

This information is only available to Chemical Week subscribers.


Forgot your user ID or password?
Click here to have it sent to you.

Risk Free Trial

Email Address

First Name

Last Name

Click here to register and get your RISK-FREE access to chemweek.com

Not an IHS Chemical Week
24/7 member yet?

Here's why you should be:

  • Searchable online archive access of the last 2 years of Chemical Week.
  • Print or digital magazine subscription
  • Price and market change alerts
  • Economic data and statistics
  • Buyers' Guides
  • Webcasts | whitepapers




contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2015 IHS, Inc. All rights reserved. Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa