Albemarle to expand polyolefin catalyst production at new unit

22-Nov-07

To meet rising demand for catalysts from the world's polyolefin manufacturers, Albemarle - global manufacturer and supplier of catalysts, will double manufacturing capacity for specialty polymer catalysts and components. Capacity will be increased primarily through the construction of a new catalyst manufacturing unit at Albemarle's Process Development Center in Baton Rouge. The expansion is in progress at an outlay of US$15 million expansion, and is expected to be complete in the Q4-08. Rapid economic growth in emerging economies and increased technological innovation in consumer goods is increasing the demand for packaged goods, plastic films and building materials, which in turn is driving demand for high-performance polyolefin plastics like polyethylene and polypropylene.