11-Jan-2010 - ExxonMobil Chemical Company

Albemarle Announces Custom Manufacturing Agreement With ExxonMobil Chemical

Agreement provides 15,000 metric tons per year of high viscosity polyalphaolefins production

Albemarle Corporation announces the successful start-up of a new unit to produce SpectraSyn(TM) polyalphaolefins (PAO), a high viscosity basestock for lubricants, for ExxonMobil Chemical. The plant's 15,000 mt/yr capacity was successfully rate tested in November.

Albemarle's custom manufacturing business unit, Fine Chemistry Services (FCS), designed and built the facility using a combination of new and existing equipment at Albemarle's Pasadena, Texas production site.

"This project is held up as a model within our company for the speed and technical success achieved by the team. The timeline from the initial feasibility study to a successful rate test was only two years, which included the design, construction and start-up of the facility. Albemarle's FCS business model, focused on speed-to-market services with the highest quality results, drove this project to fruition," said Ron Gardner, Albemarle's vice president of fine chemicals.

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