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Albemarle to Raise Prices of ETHACURE® Curatives

Published on 2008-03-10. Author : SpecialChem

BATON ROUGE, La. -- Specialty chemicals maker Albemarle Corporation will raise the prices of its ETHACURE 100 and 100 LC curatives by five (5) percent worldwide, effective April 1, 2008, or as contracts allow.

ETHACURE 100 and 100 LC curatives are low-viscosity, liquid amine curing agents and chain extenders used in polyurea and polyurethane systems applied as protective spray coatings for concrete and steel surfaces, parking decks, bridges and pickup truck-bed liners. ETHACURE 100 and 100 LC curatives are also used in cast polyurethane automotive parts made via the RIM (Reaction Injection Molding) process, and hand-cast architectural molds.

Made with special production techniques and a patented, proprietary stabilizer system, ETHACURE 100 LC is used in applications where low color is critical to the end-use products. Albemarle's ETHACURE curatives business is part of the company's Polymer Additives business segment.

Albemarle Corporation, headquartered in Richmond, Virginia, is a leading global developer, manufacturer and marketer of highly engineered specialty chemicals for consumer electronics; petroleum and petrochemical processing; transportation and industrial products; pharmaceuticals; agricultural products; and construction and packaging materials. The Company operates in three business segments -- Polymer Additives, Catalysts and Fine Chemicals, and serves customers in approximately 100 countries.

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding Albemarle Corporation's business which are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" in the Company's Annual Report on Form 10-K.

Source: Albemarle Corporation

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