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Albemarle Promotes Dr. David Clary to Vice President, Chief Sustainability Officer

Albemarle Promotes Dr. David Clary to Vice President, Chief Sustainability Officer

Published 08-12-08

Submitted by Albemarle Corporation

BATON ROUGE, La., Aug. 12 /PRNewswire-FirstCall/ -- Albemarle Corporation (NYSE: ALB) a global leader in the creation of innovative chemistry, has promoted Dr. David Clary to the newly created position of vice president and chief sustainability officer. The new role combines the activities of Albemarle's technology and consumer advocacy functions to reinforce the organization's commitment to a sustainable business model. In his new role, Dr. Clary will report to Mark C. Rohr, chairman, president and chief executive officer of Albemarle.

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As chief sustainability officer, Dr. Clary will work with Albemarle's technology groups to accelerate the creation and commercialization of socially and environmentally sound products. He will oversee all aspects of Albemarle's global advocacy efforts to raise awareness of the safety and performance of the company's existing products, and also ensure that future products meet or surpass societal criteria.

"As a Ph.D. in chemical engineering with over twenty years experience in process technology, research and development, and business management, Dave brings a unique perspective to this new and very important role," Rohr commented. "His broad expertise will serve him well as we engage all stakeholders in the development of our sustainable business model."

The company also announced that it has issued its inaugural sustainability report entitled "What Matters Most." The report outlines Albemarle's "Principles of Sustainability" - six guiding tenets the company and its employees hold as cornerstones for creating a responsible and meaningful legacy.

"Albemarle is an innovative company focused on improving the quality of life for people around the world by creating economic, social and environmental solutions to some of the unique challenges society faces," Rohr continued. "Our sustainability report provides insight into our mission to be the best-performing specialty chemical company by all metrics and standards. It touches on the policies we have created to direct our efforts, and gives concrete examples of powerful employee achievements made in living out our principles in our offices, labs and manufacturing sites across the globe."

"We invite all of our stakeholders to enjoy the first edition of our sustainability report, and to learn how Albemarle is making a positive impact in the world today, while also building a conscientious organization for the future," Rohr said.

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.

Forward-Looking Statements: Portions of this release constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Although Albemarle Corporation believes its expectations reflected in the release are based on reasonable assumptions within the bounds of its knowledge of its business and operations; there can be no assurance that actual results will not differ materially. Factors that could cause actual results to differ from expectations include, without limitation, the inability to pass through increases in costs and expenses for raw materials and energy; competition from other manufacturers; changes in demand for our products; the gain or loss of significant customers; fluctuations in foreign currencies and increased government regulation of our operations or our products. Additional factors that could cause Albemarle's results to differ materially from those described in the forward-looking statements can be found under "Risk Factors" in item 1A of our Annual Report for the period ended December 31, 20

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