Albemarle to Raises Prices of Clear Brine Fluids by 15%
Albemarle Corporation (NYSE: ALB), a global developer, manufacturer and marketer of highly engineered specialty chemicals, announced today that it will increase global prices for its line of WELLBROM^® clear brine fluids by 15%. The price increases are effective immediately, or as contracts allow, on the following products:
o WELLBROM^® sodium bromide fluid o WELLBROM^® calcium bromide fluid o WELLBROM^® zinc bromide/calcium bromide fluid
Albemarle's clear brine fluids are part of the company's Performance Chemicals division within the Fine Chemistry business segment. These products provide high value in oilfield, clean energy, water treatment and other applications.
© 2014 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.