Albemarle increases price elemental bromine hydrobromic acid

Albemarle increases price of elemental bromine and hydrobromic acid

9:58 AM, 13th May 2011
Albemarle increases price of elemental bromine and hydrobromic acid


BATON ROUGE, US: Albemarle Corporation will increase its global prices for elemental bromine to $ 4500/MT minimum delivered and its global prices for hydrobromic acid by a minimum of $ 650/MT. These price increases will take effect immediately or as contracts allow.

Demand for these products in traditional applications and markets has been strong globally. To ensure a sustainable future for these important chemicals, Albemarle increased production capacities at its Magnolia, Arkansas facility and its joint venture facility, Jordan Bromine Company (JBC), during the past year and recently announced plans to double capacity at JBC.

Albemarle’s bromine and hydrobromic acid products are part of the company’s performance chemicals division in the fine chemistry business segment.

(C) WOC News




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