Albemarle Corporation (NYSE: ALB), a leader in the global specialty chemicals industry, today announced a price increase for Catalysts global business unit customers. These price increases are effective immediately, or as contracts allow.
Albemarle and its suppliers are continuing to see unprecedented increases worldwide in energy costs (gas and electricity) and for key raw materials that are critical to manufacturing our performance products.
Several factors are impacting an increase in the cost of energy and key raw materials, some of which may be temporary. Examples include the increased energy costs in
"Albemarle remains committed to delivering value to our customers with no interruptions to supply," said
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Media Contact: Kelli Hopp-Michlosky, +1 (980) 999-5143, [email protected] Investor Relations Contact: David Burke, +1 (980) 299-5533, [email protected]