Jordan Bromine Company completes first phase of expansion to double bromine capacity

Thu Mar 7, 2013 9:00am EST

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Second phase scheduled for commissioning in May 2013
BATON ROUGE, La.,  March 7, 2013  /PRNewswire/ -- Albemarle Corporation (NYSE:
ALB), a global leader in the development, manufacture and marketing of bromine,
bromine derivatives and other specialty chemicals, announced today that Jordan
Bromine Company (JBC), its joint venture located on the Dead Sea in Safi,
Jordan, successfully commissioned the first phase of its previously announced
expansion project.  This phase of the project doubles the site's bromine
production capacity.

(Logo:  http://photos.prnewswire.com/prnh/20111129/MM14279LOGO) 

"This investment further strengthens JBC's position as the world's low-cost
bromine producer and allows us to continue providing our customers around the
world with quality products that drive value in their processes," commented 
Luke Kissam, Albemarle CEO. "I congratulate the joint JBC and Albemarle team on
the safe and successful start-up.  The ingenuity of our teams working on the
project allowed us to implement technology that doubles our bromine capacity
while only increasing our water consumption by 8%, with further decreases
planned.  This startup is proof of our commitment to safe and sustainable
operations."    

The second phase of the expansion will double the current capacity of key
bromine derivatives, hydrobromic acid, calcium bromide, and sodium bromide, and
is scheduled for commissioning in May 2013.   

Jordan Bromine Company is a joint venture between Arab Potash Company and
Albemarle Holding Company, Limited, a wholly owned subsidiary of Albemarle
Corporation. "We are pleased with the progress on this significant capital
expansion.  It further demonstrates JBC's operational capabilities and the
commitment of Arab Potash Company and Albemarle to JBC maintaining its position
as a leader in the global bromine market," said  Jamal Al Sarayrah, Chairman of
Arab Potash Company's board of directors.  

The partners commenced construction of the existing facilities in 2001, and
operations began in early 2003.  

"We are pleased that an existing multi-national business is reinvesting in 
Jordan  to further grow its business," said Dr.  Hatem Al-Halawani,  Jordan
Minister  of Trade and Industry.  "This project is proof of Jordan's powerful
economic potential and encourages new capital programs which mean more jobs and
more prosperity for the region." 

About Albemarle  
Albemarle Corporation, headquartered in  Baton Rouge, Louisiana, is a leading
global developer, manufacturer, and marketer of highly-engineered specialty
chemicals for consumer electronics, petroleum refining, utilities, packaging,
construction, automotive/transportation, pharmaceuticals, crop protection,
food-safety and custom chemistry services. The Company is committed to global
sustainability and is advancing its  eco-practices and solutions  in its three
business segments,  Polymer Solutions,  Catalysts  and  Fine Chemistry. 
Corporate Responsibility Magazine  selected Albemarle to its prestigious "100
Best Corporate Citizens" list for 2010 and 2011.  Albemarle employs
approximately 4,000 people and serves customers in approximately 100 countries.
Albemarle regularly posts information to  www.albemarle.com, including
notification of events, news, financial performance, investor presentations and
webcasts, Regulation G reconciliations, SEC filings, and other information
regarding the Company, its businesses and the markets we serve.

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of
1995: Statements in this press release regarding Albemarle Corporation's
business that are not historical facts are "forward-looking statements" that
involve risks and uncertainties. For a discussion of such risks and
uncertainties, which could cause actual results to differ from those contained
in the forward-looking statements, see "Risk Factors" in the Company's Annual
Report on Form 10-K.

SOURCE  Albemarle Corporation


Investor Relations Contact: Lorin Crenshaw, +1-225-388-7322,
Lorin.Crenshaw@albemarle.com; Media Contact: Ashley Mendoza, +1-225-388-7137,
Ashley.Mendoza@albemarle.com

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