Albemarle Corporation (NYSE: ALB) the world's leading
manufacturer of flame retardants, and China Antimony Chemicals Co., Ltd.,
a subsidiary of China Minmetals Nonferrous Metals Co., Ltd. (Minmetals),
have formed a strategic alliance to market antimony trioxide in the United
Under the alliance, Albemarle will use its existing sales
channels to sell BRIGHTSUN(TM) antimony trioxide produced by Minmetals'
ISO9001 certified manufacturing facility in Nanning, Guangxi, China. Minmetals
is one of the leading producers of antimony trioxide in the world.
Antimony trioxide is a highly effective flame retardant
synergist used with bromine-based flame retardants such as Albemarle's
SAYTEX(R) flame retardants, other halogen-based flame retardants and halogen-containing
resins. Antimony trioxide is also used as a polymer catalyst for the production
"The strategic alliance is a perfect fit for both
Albemarle's and Minmetals' current businesses," said Albemarle Flame
Retardants Division Vice President Luc Van Muylem. "It will bring
more value to both companies' customers."
Albemarle Corporation, headquartered in Richmond, Va.,
is a leading producer of specialty chemicals for consumer electronics,
pharmaceuticals, agricultural chemicals, industrial products, and construction
and packaging materials. The company serves customers in more than 120
countries, generating annual revenue of more than $1 billion.
Source: Albemarle Corporation