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Albemarle to Form Bromine Derivatives JV in China

12:35 PM MDT | May 26, 2008 | Chemical Week Editorial Staff

Albemarle says it has agreed to form a bromine derivatives joint venture in China with Sinobrom Import and Export Co. (Weifang, China). The jv, Sinobrom Albemarle Bromine Chemicals Co. (Shandong), will be 75% owned by Albemarle and 25% owned by Sinobrom. It will combine Sinobrom’s bromine derivatives marketing knowledge in China with Albemarle’s global bromine commercial and technical capabilities, Albemarle says. The jv is scheduled to launch in 60-90 days, Albemarle says. It will enter into an exclusive agreement with bromine derivatives producer...

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