Albemarle and ICL to form polymeric flame retardant JV
12:43 PM MDT | August 29, 2014
Albemarle and Israel Chemicals Ltd. (ICL; Tel Aviv) today announced that they have entered into an agreement to establish a manufacturing joint venture for the production of ICL's FR-122P polymeric flame retardant and Albemarle's GreenCrest polymeric flame retardant. These flame retardants are designed to replace hexabromocyclododecane (HBCD). HBCD has been the leading flame retardant used in expanded (EPS) and extruded (XPS) polystyrene foam applications, but is being phased out in the European Union (EU), Japan, and other countries, Albemarle says. The jv will...
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