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Albemarle Invests in Cleaner, Safer Magnesium Alkyl Process
Albemarle Invests in Cleaner, Safer Magnesium Alkyl Process
Published 06-25-08
Submitted by Albemarle Corporation
BATON ROUGE, La., June 25 /PRNewswire-FirstCall/ -- Leading catalyst maker Albemarle Corporation (NYSE: ALB) is continuing its aggressive focus on sustainable business practices by investing in a new process that is expected to eliminate more than 80 percent of the process-related waste at Albemarle's main organometallics plant, located in Pasadena, Texas, USA. The waste is associated with the production of BEM, an essential component in the manufacture of two of the world's most widely used plastic resins.
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BEM, or n-Butylethylmagnesium, is a magnesium alkyl catalyst component used in the manufacture of Ziegler-Natta catalysts that are critical in making the plastic resins polyethylene and polypropylene.
The new process, which is expected to be operational in the first quarter of 2009, will significantly reduce waste by recycling solvent from the process waste slurry and making it available for reuse, and by converting the residual solids to a material suitable for onsite disposal.
Created by Albemarle process engineers at the company's Pasadena plant site, the new, proprietary BEM production method also eliminates hundreds of loading operations per year involving the waste, leading to a cleaner, safer manufacturing process and manufacturing site.
"This sustainable process change will deliver a positive impact on safety, the environment and operational efficiency at our Pasadena plant, and will continue to deliver high-quality end products and services to our customers," said Amy Motto, director of Albemarle's global polyolefin and chemical catalysts business.
The Pasadena BEM project is the latest in a string of investments made by Albemarle at Company and joint venture plants around the world to introduce sustainable environmental and safety improvements into its organometallics operations.
In 2007, Albemarle invested in a similar new process in the manufacturing plant of its joint venture in Osaka, Japan, Nippon Aluminum Alkyls, where the plant celebrated its first-ever, zero-emissions year of operation. In 2005, Albemarle financed a new incinerator at its aluminum alkyls manufacturing plant in Feluy, Belgium.
"This innovation is typical of the creative and sustainable initiatives that are taking place every day at Albemarle," said Albemarle president and chief executive officer, Mark C. Rohr. "We are working on every front to maintain and expand our leadership in the polymer and chemical catalyst area-from new technology and process improvements to advances in the safe handling and environmental stewardship of our products. It's all about innovation and growth for our customers, while doing what's best for the environment and human safety."
Additional information on Albemarle's holistic approach to creating a sustainable business model can be found in the Company's 2007 Corporate Sustainability Report entitled "What Matters Most." The report is available via Albemarle's website at www.albemarle.com.
Albemarle Corporation, headquartered in Baton Rouge, Louisiana, 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. Learn more about Albemarle at www.albemarle.com.
"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.
