-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, QxZxAFvP7AEnToM7MmeXfLJxlOikHWs9IA16JdSza08Kl9/P59uGJ8Z64sF6rTbR oyRHdK5xc25FlMNGeryAGA== 0001193125-07-116481.txt : 20070516 0001193125-07-116481.hdr.sgml : 20070516 20070516110029 ACCESSION NUMBER: 0001193125-07-116481 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20070515 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20070516 DATE AS OF CHANGE: 20070516 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ALBEMARLE CORP CENTRAL INDEX KEY: 0000915913 STANDARD INDUSTRIAL CLASSIFICATION: PLASTICS, MATERIALS, SYNTH RESINS & NONVULCAN ELASTOMERS [2821] IRS NUMBER: 541692118 STATE OF INCORPORATION: VA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-12658 FILM NUMBER: 07856411 BUSINESS ADDRESS: STREET 1: 330 SOUTH FOURTH STREET STREET 2: P O BOX 1335 CITY: RICHMOND STATE: VA ZIP: 23218 BUSINESS PHONE: 8047886000 MAIL ADDRESS: STREET 1: 330 SOUTH FOURTH STREET STREET 2: PO BOX 1335 CITY: RICHMOND STATE: VA ZIP: 23218 FORMER COMPANY: FORMER CONFORMED NAME: ECHEM INC DATE OF NAME CHANGE: 19931208 8-K 1 d8k.htm FORM 8-K Form 8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 


FORM 8-K

 


CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported) May 16, 2007 (May 15, 2007)

 


ALBEMARLE CORPORATION

(Exact name of Registrant as specified in charter)

 


 

Virginia   1-12658   54-1692118

(State or other jurisdiction

of incorporation)

  (Commission file number)  

(IRS employer

identification no.)

 

330 South Fourth Street, Richmond, Virginia   23219
(Address of principal executive offices)   (Zip code)

Registrant’s telephone number, including area code

(804) 788-6000

Not applicable

(Former name or former address, if changed since last report)

 


Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨ Soliciting material pursuant to Rule 14a- 12 under the Exchange Act (17 CFR 240. 14a-12)

 

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240. 14d-2(b))

 

¨ Pre-commencement communications pursuant to Rule 1 3e-4(c) under the Exchange Act (17 CFR 240.1 3e-4(c))

 



Section 8 — Other Events

 

Item 8.01. Other Events.

On May 15, 2007, Albemarle Corporation (the “Company”) issued a press release announcing that the Company will move the operations of its cGMP (pharmaceutical-grade) pilot plant in Dayton, Ohio to its recently acquired, multi-scale cGMP manufacturing facility in South Haven, Michigan. A copy of the press release issued by the Company on May 15, 2007, is attached hereto as Exhibit 99.1 and incorporated herein by reference.

Section 9 — Financial Statements and Exhibits

 

Item 9.01. Financial Statements and Exhibits.

 

  (c) Exhibits.

99.1 Press release, dated May 15, 2007, issued by the Company.


SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

Date: May 16, 2007        
    ALBEMARLE CORPORATION  
    By:  

/s/ Luther C. Kissam, IV

 
      Luther C. Kissam, IV  
      Senior Vice President, General Counsel and  
      Secretary  


EXHIBIT INDEX

 

Exhibit
Number
  

Exhibit

99.1    Press release, dated May 15, 2007, issued by the Company.
EX-99.1 2 dex991.htm PRESS RELEASE Press release

Exhibit 99.1

 

LOGO   Press Release

Albemarle to Consolidate Some cGMP Operations to South Haven, Mich.

Company To Continue Limited Operations at Dayton, Ohio Site Through 2008

BATON ROUGE, Louisiana—May 15, 2007—Albemarle Corporation (NYSE:ALB), a leading global provider of custom chemical manufacturing services, will move the operations of its cGMP (pharmaceutical-grade) pilot plant in Dayton, Ohio to its recently acquired, multi-scale cGMP manufacturing facility in South Haven, Mich., to capitalize on overlapping equipment and staffing at the two sites. The move will begin before the end of the second quarter of 2007.

“Our acquisition of a top-tier cGMP facility in South Haven and the consolidation of manufacturing and services at this site will give our customers an effective scale-up solution at a commercial manufacturing site, and strengthen our ability to deliver higher-value services,” said David Clary, Albemarle Fine Chemistry Services (FCS) division vice president.

The consolidation plan includes an initial reduction in Albemarle personnel and contractor personnel at the Dayton facility by the end of the second quarter of 2007, including a transfer of some Albemarle professional personnel from Dayton to South Haven or other Albemarle sites.

Albemarle expects to retain a few staff members at Dayton at least through the end of 2008, to maintain operations required to fulfill ongoing commitments to a few key customers.

The company expects to take a pre-tax charge of approximately $4 to $5 million related to the consolidation in the second quarter of 2007.

Albemarle’s FCS division provides contract R&D, custom synthesis, and custom cGMP or non-cGMP chemical manufacturing services for customers in the pharmaceutical, agricultural chemical and other markets. Capabilities include bench-, kilo lab-, pilot- and commercial-scale production. The FCS division also makes and markets bulk active pharmaceutical ingredients at South Haven and Orangeburg, S.C., cGMP facilities with extensive FDA drug master file (DMF) experience.

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 www.albemarle.com.

END


Albemarle Corporation

451 Florida Street

Baton Rouge, Louisiana, USA

Tel: +1 225 388 7106


LOGO   Press Release

Media Contacts: Stephanie Dixon, (225) 388-7904, Stephanie_Dixon@albemarle.com or René Milligan, +1 (225) 388-7106 or Rene_Milligan@albemarle.com

Investor Relations Contact: Sandra Rodriguez, +1 (225) 388-7654, Sandra_Rodriguez@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 Corporation

451 Florida Street

Baton Rouge, Louisiana, USA

Tel: +1 225 388 7106

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