Albemarle, Richmond, VA, announced that it expects to complete an agreement with Akzo Nobel N.V. to acquire its catalyst business.Albemarle Albemarle, city, United States Albemarle, city (1990 pop. 14,939), seat of Stanly co., central N.C., in the Piedmont region; inc. 1857. A marketing center in an agricultural area of cotton, grain, poultry, soybeans, and livestock, Albemarle also produces , Richmond, VA, announced that it expects to complete an agreement with Akzo Nobel Akzo Nobel is a multinational company, active in the fields of healthcare products, coatings and chemicals. Headquartered in Amsterdam, the Netherlands, the company has activities in more than 80 countries, and employs approximately 62,000 people. N.V. to acquire its catalyst business, said to be a leader in the production of petroleum refining refining, any of various processes for separating impurities from crude or semifinished materials. It includes the finer processes of metallurgy, the fractional distillation of petroleum into its commercial products, and the purifying of cane, beet, and maple sugar catalysts, for 625 million euros in cash, subject to regulatory approval. |
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