Albemarle Doubles Capacity of Polymer Antioxidants in China

Albemarle says it will double polymer antioxidant capacity at Shanghai Jinhai Albemarle Fine Chemicals (Shanghai), a joint venture in which Albemarle holds a 75% stake, to supply both the regional and export plastics markets. The jv currently supplies antioxidants to Chinese petrochemical companies from its plants at Ningbo and Shanghai. Rohr: Maintaining leadership in region. Albemarle increased its stake in Shanghai Jinhai Albemarle from 25%, to 75%, last year to obtain “deeper vertical integration” in polymer antioxidants and intermediates (CW...

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