Albemarle Corporation ALB has announced plans to expand its Orangeburg, SC manufacturing operations
to support growing demand for products in all three of its global business
units and the manufacture of a new line of sustainable fire safety solutions.
The $65 million investment over the next 5 years is expected to add 20 jobs to
support the expansion.
The expansion will occur between 2012 – 2016 and will add facilities to
manufacture two new products in the company's Fine Chemistry Services
business; GreenCrest^™, the company's latest addition to its Earthwise^™
portfolio of eco-friendly fire safety solutions in the Polymer Solutions
business; and expansion of its organometallic production unit to support the
growing Polymer Catalysts business.
Albemarle proceeding with the expansion project is subject to final approval
by the Orangeburg County Council. The third and final reading related to the
project is expected to occur on December 17^th.
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