Albemarle to Increase Price of Elemental Bromine and Hydrobromic Acid
These price increases will take effect immediately, or as contracts allow.
Demand for these products in traditional applications and markets has been very 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.
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