BATON ROUGE, La., May 18 /PRNewswire-FirstCall/ -- Albemarle Corporation (NYSE: ALB) will hold its 2009 investor conference Tuesday, May 19th at 9:00am Eastern time in New York City. Mark C. Rohr, Chairman and CEO of Albemarle will host the event. Rohr and other executive management and business leaders will provide a strategic overview of the company and its path forward as they seek to take advantage of the current economic conditions.
(Logo: http://www.newscom.com/cgi-bin/prnh/20050801/ALBEMARLELOGO )
The live audio webcast and accompanying presentation material may be accessed from Albemarle's investor information page at www.albemarle.com/Investor_information/ from 9:00 am until approximately 1:00 pm Eastern Time. The webcast will be available for replay following the event.
'We have implemented aggressive measures that will allow us to effectively control our own destiny in this economic downturn. Our productivity initiatives and strategic business plan will position Albemarle for strong earnings capability. We believe our growth strategy and focus on cash will allow us to be more efficient and outperform during the economic crisis and thereafter,' said Mr. Rohr.
Albemarle will outline restructuring plans and growth opportunities for each of its businesses. 'In order to better deliver customer value in a rapidly changing market environment, as well as make more efficient use of its resources, Albemarle is positioning to provide enhanced products and services with a sharper focus on customer needs, paving the way for increased revenues and considerable cost savings,' Mr. Rohr added.
About Albemarle Corporation
Albemarle Corporation, headquartered in Baton Rouge, Louisiana, is a leading global developer, manufacturer and marketer of highly engineered specialty chemicals for consumer electronics; petroleum and petrochemical process; transportation and industrial products; pharmaceuticals; agricultural products; and construction and packaging materials. The company operates in three business segments -- Polymer Additives, Catalysts and Fine Chemicals -- and serves customers in approximately 100 countries. Learn more about Albemarle at www.albemarle.com.
Forward-Looking Statement
Portions of today's presentation constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Although Albemarle Corporation believes its expectations reflected in the presentation are based on reasonable assumptions within the bounds of its knowledge of its business and operations; there can be no assurance that actual results will not differ materially. Factors that could cause actual results to differ from expectations include, without limitation, the inability to pass through increases in costs and expenses for raw materials and energy; competition from other manufacturers; changes in demand for our products; the gain or loss of significant customers; fluctuations in foreign currencies and increased government regulation of our operations or our products. Additional factors that could cause Albemarle's results to differ materially from those described in the forward-looking statements can be found under 'Risk Factors' in item 1A of our Annual Report for the period ended December 31, 2008.
SOURCE Albemarle Corporation
