Albemarle to Increase Prices of NcendX® Flame Retardant
March 16, 2006
BATON ROUGE, La. -- Albemarle Corporation (NYSE: ALB), the world's leading manufacturer of flame retardants, will increase the global prices for its NcendX P-30 bisphenol A diphosphate-type flame retardant by five (5) percent effective April 1, 2006, or as contracts allow.
NcendX P-30 liquid phosphorus flame retardant is an outstanding performer in resin blends used in electronic enclosure plastics such as PC/ABS and PPE/HIPS. NcendX P-30 flame retardant improves resin melt flow and exhibits outstanding thermal stability, excellent hydrolytic stability, low migration and low volatility.
Albemarle makes and markets flame retardant solutions for materials found in everything from circuit boards, connectors and enclosures for electronic and electrical devices, to comfort foam in furniture and automobiles, wire & cable, rigid foam insulation, roofing and other construction materials.
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; construction and packaging materials. The Company operates in three business segments-Polymer Chemicals, 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.
