New, wholly owned subsidiary focuses on
advanced catalyst solutions
HOUSTON, Jan. 30,
2023 /PRNewswire/ -- Albemarle Corporation (NYSE:
ALB), a leader in the global specialty chemicals industry, today
announced the official brand launch of Ketjen, its wholly owned
subsidiary that crafts tailored, advanced catalyst solutions for
the petrochemical, refining and specialty chemicals industries.
The company shared the new name of its catalysts business in
November 2022 after announcing plans
to operate the business as a subsidiary. As a distinct brand,
Ketjen will continue to support customers in their unique energy
transition journeys from fluidized catalytic cracking to clean
fuels to hydro-processing to organometallics and curatives.
"As the industry responds to global market dynamics, our
customers need innovative solutions to help them navigate their
changing landscapes," said Ketjen President Raphael Crawford. "Ketjen will continue to
provide its portfolio of advanced catalyst and specialty chemicals
solutions, which are unique to each customer's needs, to increase
production performance and business value."
Headquartered in Houston,
Texas, Ketjen will collaborate with customers in the
petrochemical, refining and specialty chemical industries across
three divisions, Fluidized Catalytic Cracking (FCC), Clean Fuels
and Hydroprocessing Catalysts (HPC), and Performance Catalyst &
Curative Solutions (PCS). Albemarle's existing advanced catalyst
solutions team will lead Ketjen operations.
"The launch of Ketjen continues our legacy as a
partner-of-choice for industry leaders," said Albemarle CEO
Kent Masters. "Establishing Ketjen
under this separate structure will allow the business even greater
focus and continued development of custom, high-impact catalyst
products."
Ketjen's team of qualified experts adopt a flexible, hands-on
approach to customer operations to counsel and lead on
mission-critical functions. With strong industry engagement and
continuing long-term partnerships with major corporations, Ketjen
will lead the industry in safe and reliable advanced catalyst
solutions.
About Ketjen
Ketjen is a provider of advanced
catalysts solutions to leading producers in the petrochemical,
refining and specialty chemicals industries. From fluidized
catalytic cracking to clean fuels solutions to hydro-processing to
organometallics and curatives, Ketjen delivers safe and reliable
solutions that increase production performance and business value.
A wholly owned subsidiary of Albemarle Corporation (NYSE: ALB),
Ketjen Corporation is headquartered in Houston, Texas, and serves global customers
through operations in 27 markets. For more information, visit
www.ketjen.com.
About Albemarle
Albemarle Corporation (NYSE: ALB) is a
global specialty chemicals company that thinks beyond business as
usual to power the potential of companies in many of the world's
largest and most critical industries, such as energy, electronics,
and transportation. We actively pursue a sustainable approach to
managing our diverse global footprint of world-class resources. In
conjunction with our highly experienced and talented global teams,
our deep-seated values, and our collaborative customer
relationships, we create value-added and performance-based
solutions that enable a safer and more sustainable future.
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SOURCE Albemarle Corporation