Albemarle Corp of Baton Rouge, LA has announced its intent to transfer production of n-butyllithium from its facility in New Johnsonville, TN to existing plants in Germany and Taiwan. The transfer process is expected to be completed during the first quarter of 2016. Michael Wilson, president of Albemarles Performance Chemicals business unit, said, Due to global shifts in demand for n-butyllithium, our assets in Germany and Taiwan are more strategically located to support our future growth in this industry. Rationalization of our New Johnsonville capacity supports our stated intent to capitalize on synergies resulting from our recent acquisition of Rockwood Holdings Inc. The combination of the Albemarle and Rockwood Lithium organometallics platforms has made us a clear leader in high value metal alkyls for synthesis, polymer and electronics markets, and we will continue to focus on serving our customers and controlling costs to maintain that leadership.
Volume 29 issue 14