Albemarle Company History Timeline

(163 Jobs)
1994

In February 1994, Ethyl Corporation spun off its chemical businesses to create an independent, publicly traded company named Albemarle Corporation.

In July 1994, The Albemarle Corporation expanded itself by acquiring the Asano Corporation, a sales and marketing company headquartered in Tokyo, Japan.

In 1994, the company spun off its specialty chemicals business, the divestiture that created Albemarle Corporation.

1994: Ethyl spins off its chemicals business, creating Albemarle Corporation.

1995

In 1995, Albemarle sold its electronic materials business.

1997

In 1997, the new structure of the company was created.

1998

In 1998, the Albemarle Corporation bought a custom manufacturing and oilfield chemicals plant in Teesport, England.

2000

In 2000, the company acquired a plant in Port-de-Bouc, France, as part of a deal that gave the company the flame retardant business of Ferro Corporation.

Another joint venture was signed in 2000 by the corporation and Jinhai Chemical and Industry Company, located in China.

Also in 2000, Albemarle Corporation, Cytec Industries Inc., and GE Specialty Chemicals, Inc., a subsidiary of General Electric Company, announced their intention to form a new business-to-business internet joint venture, PolymerAdditives.com.

2001

2001: Albemarle acquires assets from ChemFirst.

In 2001, the company purchased the custom and fine chemicals business of ChemFirst.

2003

In 2003, Albemarle purchased the fuel and lubricant antioxidants business of its former parent, Ethyl.

2004

In the years following, Albemarle acquired its refinery catalysts platform from Akzo Nobel N.V. in 2004 with sites and/or joint ventures in the Netherlands, Houston, France, Brazil, Japan and Singapore.

2006

In partnership with UOP, Albemarle created the Hydroprocessing Alliance in 2006 to deliver integrated refinery solutions and hydroprocessing technologies and catalysts to the refining industry.

2007

Albemarle continued its international expansion in 2007, opening a new regional sales office in Dubai to meet growing market needs in India and the Middle East.

2012

In 2012, Albemarle introduced its Electronic Materials business unit and expanded its production capabilities for finished polyolefin catalysts in Baton Rouge.

2017

No FDA Form 483 observations were issued and no Discussion points were made, in the recent FDA audit completed in October 2017.

Founded
1994
Company Founded
Headquarters
Charlotte, NC
Company Headquarter

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