Pharmaceutical Business review

Albemarle Forms Strategic Alliance With MeadWestvaco

Albemarle has announced the execution of a Memorandum of Understanding (MOU) to form a strategic alliance with MeadWestvaco Specialty Chemicals. The alliance will secure a domestic supply of activated carbon to complement Albemarle’s portfolio of total mercury removal solutions to the power industry and will launch MWV Specialty Chemicals as a commercial supplier to this emerging market.

The alliance creates advantage by leveraging the experience, capabilities and resources of two industry companies. The new affiliation establishes domestic supply of brominated powdered activated carbon from MWV Specialty Chemicals, while capitalizing on Albemarle’s position as a supplier of mercury control solutions as well as Albemarle’s position as the major bromine producer in North America. Under the terms of the alliance the two companies will jointly continue to develop brominated wood-based activated carbons for use in mercury control.

Sharon McGee, divisional vice president of performance chemicals of Albemarle, said: “By combining our strengths, we will solidify our commitment of delivering a domestic, high performance, sustainable solution for mercury removal to our customers.”

Bob Beckler, president of MWV Specialty Chemicals, said: “We are pleased to announce this cooperation between MWV Specialty Chemicals and Albemarle. Our differentiated activated carbon technology, combined with Albemarle’s leading position in mercury control technologies, will provide end-users with unique value in the growing mercury emissions control market.”