This topic contains 1 reply, has 2 voices, and was last updated by Anonymous 14 years, 2 months ago.
November 1, 2007 at 11:41 pm #3896
Just saw this News post on FCC Catalysts price increase to $3100/mt (with cost metals & catalysts going up – sure its not last one). Regards Charlie
Albemarle Raises Prices of FCC Catalysts
BATON ROUGE, La., Oct. 16,2007 /PRNewswire-FirstCall/ — Albemarle Corporation (NYSE: ALB), the world’s foremost provider of petroleum refining catalysts and additives, will increase globally the price of its fluidized catalytic cracking (FCC) catalysts to a minimum of US $3,100 per metric ton effective January 1, 2008, or as contracts allow.
“We are raising prices to reflect more accurately the exceptional performance and value our catalyst technology and services deliver to our customers and the marketplace,” said Harm Scheepstra, Albemarle division vice president of FCC catalysts. “This price increase allows us to continue to generate innovative and valuable catalyst technology, products and technical service now, and helps to secure a reliable supply of these products and services to our customers in the future.”
Albemarle is a leading, global developer and supplier of hydroprocessing catalysts, FCC catalysts, environmental and performance additives, and alternative fuel technologies for refineries all over the world, including operations that convert heavier, more challenging petroleum feedstocks into higher value products that meet strict global fuel quality and environmental standards. The Company operates in three business segments, Polymer Additives, Catalysts and Fine Chemicals, and serves customers in approximately 100 countries. For more information about Albemarle, please visit http://www.albemarle.com.
SOURCE Albemarle Corporation
November 15, 2007 at 8:52 pm #7163
If FCC folks are having to pay this high a price with Albemarle then I would suggest they speak to Grace Catalyst Co. My 2008 price is lower than this and I would bet others would find the same cost savings. Or at least they should try. Contact Adam Kasle or Mike Federspiel at Grace for a really good price and outstanding service.
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