Industry News

Albemarle Acquires ChemFirst Inc.

Author Image

By: DAVID SAVASTANO

Editor, Ink World Magazine

Albemarle Corporation has announced the completion of its acquisition of the custom and fine chemicals businesses of ChemFirst Inc. for $74 million, plus approximately $5 million to reflect changes in the working capital actually transferred versus assumed working capital at Dec. 31, 2000.      “The acquisition creates strong synergies with our pharmachemicals and agrichemicals businesses,” said John Steitz, vice president – fine chemicals. “By joining our businesses, we now have an advanced ...

Continue reading this story and get 24/7 access to Ink World magazine for FREE


Already a subscriber? Sign in

Keep Up With Our Content. Subscribe To Ink World magazine Newsletters