People & Business :: M&A
Albemarle establishes Chinese flame-retardant JV
12:06 PM MDT | May 14, 2013 | Lindsay Frost
Albemarle has signed definitive agreements with Senze Meilu Company (Shanxi, China), a coal and bauxite mining company, to establish a joint venture, Albemarle Senze Chemicals, at Lvliang, Shanxi, to build and operate a 50,000-m.t. facility to manufacture fine precipitated alumina trihydrate (ATH) flame retardants marketed under the brand name Martinal, the companies say. The retardants will be based on Albemarle’s proprietary technology used in wire and cable applications. "We have worked for some time to identify the right partner to develop a...
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