Albemarle and Petrobras to Build HPC Plant in Brazil

Albemarle Corporation ALB and Petrobras PZE announced today that they have signed a Memorandum of Understanding to build a world scale hydroprocessing catalyst production plant on the site of their existing joint venture Fabrica Carioca de Catalisadores SA (FCC SA) in Santa Cruz, Brazil. The new facility will complement existing production of fluid catalytic cracking (FCC) catalysts.