Albemarle Corp was incorporated in Virginia in 1993. The Company is a developer, manufacturer and marketer of highly-engineered specialty chemicals for the petroleum refining, consumer electronics, plastics/packaging, construction, automotive, lubricants, pharmaceuticals, crop protection, food safety and custom chemistry services markets. Its business segments include Polymer Solutions, Catalysts and Fine Chemistry. Its Polymer Solutions segment consists of two product market categories: flame retardants, and stabilizers and curatives. This segment sells products mostly to chemical manufacturers and processors, such as polymer resin suppliers, lubricant manufacturers, refiners and other specialty chemical companies. It serves the following geographic markets: the U.S., Asia, Europe and the Middle East, each of which is highly competitive. Its competitors in this segment include J.M. Huber Corporation, Kyowa Chemical Industry Co., Ltd. and Nabaltec GmbH, BASF Corporation, SK Capital and Songwon Industrial Co., Ltd. The major raw materials in Polymer Solutions operations are bromine, bisphenol-A, phenol, benzene, caustic soda, alumina trihydrate, polystyrene and isobutylene, most of which are readily available from numerous independent suppliers and are purchased under contracts at prices. Its Catalysts segment includes refinery catalysts and performance catalyst solutions businesses. Its Catalysts segment customers include multinational corporations such as ExxonMobil Corporation, Chevron Corporation, TOTAL S.A., Saudi Basic Industries Corporation and INEOS Group Holdings S.A.; independent petroleum refining companies such as Valero Energy Corporation and SK Holdings; and national petroleum refining companies such as Reliance, Petróleo Brasileiro S.A. and Petróleos Mexicanos. This segment serves the global market including the Americas, Asia, Europe and the Middle East, each of which is highly competitive. Its major competitors in the HPC catalysts market include Criterion Catalysts and Technologies, Advanced Refining Technologies and Haldor Topsoe. Its major competitors in the FCC catalysts market include W.R. Grace & Co. and BASF Corporation. Its major competitors in the organometallics market include AkzoNobel and Chemtura Corporation, as well as W.R. Grace & Co. and BASF in the Ziegler-Natta catalysts area. The major raw materials in Catalysts operations include aluminum, ethylene, alpha-olefins, sodium silicate, sodium aluminate, kaolin, rare earths, molybdenum, nickel and cobalt, most of which are readily available from numerous independent suppliers and are purchased or provided under contracts at prices. Its Fine Chemistry segment consists of two categories: Performance Chemicals and Fine Chemistry Services and Intermediates. Performance Chemicals include products such as elemental bromine, alkyl bromides, inorganic bromides, brominated powdered activated carbon and a number of bromine fine chemicals. Its fine chemistry services business offers custom manufacturing, research and chemical scale-up services for companies. The Fine Chemistry segment manufactures more than 100 products, which are used in a variety of end markets. Sales of products and services are mostly to chemical manufacturers and processors (including pharmaceutical and agricultural companies), drilling and oil service companies, beef and poultry processors, water treatment and photographic companies, energy producers and other specialty chemical companies. Its Fine Chemistry segment serves the following geographic markets: the Americas, Asia, Europe and the Middle East, each of which is highly competitive. Its competitors in this segment include BASF Corporation, Lonza, Clariant Ltd. and Cilag AG. Its business is subject to a broad array of employee health and safety laws and regulations, including those under the Occupational Safety and Health Act.