BATON ROUGE, La., April 11 /PRNewswire-FirstCall/ -- The board of directors of leading specialty chemical producer Albemarle Corporation has approved several strategic organizational changes involving members of the Company's senior leadership team to reinforce Albemarle's efforts to expand existing businesses and target and develop potential new market opportunities worldwide.
John Dabkowski was named Vice President of Business Development for Albemarle Corporation. Mr. Dabkowski previously served as Vice President of Albemarle's Polymer Additives segment. A respected industry leader, Mr. Dabkowski will apply more than thirty years of global business expertise in specialty chemicals, additives and catalysts to further develop the Company's business and product portfolio. Mr. Dabkowski will report to Albemarle's President and Chief Executive Officer, Mark C. Rohr.
Luc van Muylem was named Vice President of the Company's Polymer Additives segment. Mr. van Muylem previously served as Division Vice President of Flame Retardants and has over thirty years of industry expertise. The Company will capitalize on Mr. van Muylem's vision and experience directing the world's largest flame retardants business to lead its Polymer Additives segment, including businesses that serve customers in markets as diverse as plastics, textiles, fuels and lubricants, coatings, adhesives, sealants, elastomers and inks. Mr. van Muylem will report to John M. Steitz, Executive Vice President and Chief Operating Officer of Albemarle.
Steve LeVan was named Division Vice President of Flame Retardants. Mr. LeVan previously served as Chief Financial Officer for Albemarle's Catalysts segment. With more than 25 years directing chemical and pharmaceutical businesses and an impressive track record in corporate strategic planning and finance management, Mr. LeVan will bring a wealth of knowledge and experience to Albemarle's largest global business. He will report to Mr. van Muylem.
"The expanding global markets continue to deliver significant market opportunities for Albemarle and we are focused on leveraging our global leadership position to capitalize on existing and prospective relationships while accelerating the expansion of our products and capabilities," said Mr. Rohr. "These changes to our senior business line leadership team will ensure we are positioned to identify, create and capture emerging global opportunities, enhance existing relationships and target premier resources that meet the needs of our client base. We continue to build a strong management team with the necessary expertise, depth and breadth to sustain our success."
Albemarle Corporation, headquartered in Richmond, Virginia, is a leading global developer, manufacturer and marketer of highly engineered specialty chemicals for consumer electronics; petroleum and petrochemical processing; 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 http://www.albemarle.com.
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding Albemarle Corporation's business which are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" in the Company's Annual Report on Form 10-K.
Albemarle CorporationCONTACT: Stephanie Dixon, +1-225-388-7904, Stephanie_Dixon@albemarle.comor Rene Milligan, +1-225-388-7106, Rene_Milligan@albemarle.com, or InvestorRelations, Nicole Daniel, +1-804-788-6096, Nicole_Daniel@albemarle.com, allof Albemarle Corporation
Web site: http://www.albemarle.com/
