Albemarle Corporation (Albemarle) is a global developer, manufacturer and marketer of engineered specialty chemicals. Albemarle sells a diversified mix of products to a range of customers, including manufacturers of consumer electronics, building and construction materials, automotive parts, packaging, pharmachemicals and agrichemicals and petroleum refiners. The Company serves more than 3,000 customers in over 100 countries. Albemarle has three business segments: Polymer Additives, Catalysts and Fine Chemicals. In July 2008, the Company completed the acquisition of 100% ownership of two polymer additive joint ventures in China, Ningbo Jinhai Albemarle Chemical & Industry Co., Ltd. and Shanghai Jinhai Albemarle Fine Chemicals Co., Ltd. In August 2008, the Company announced that it had acquired full-service power plant mercury-control provider Sorbent Technologies Corporation.