Albemarle says it will reorganize its business structure, reducing the number of reporting segments at the company from three to two, effective 1 January 2014. The two business units will be called performance chemicals and catalyst solutions. The performance chemicals unit will encompass Albemarleâ€™s brominated flame retardants, minerals and custom manufacturing businesses, while the catalyst solutions unit will house various catalyst businesses and antioxidants. Currently, Albemarle has three business units: catalysts, polymer solutions, and fine chemistry...
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