Albemarle Corporation (ALB), a global leader in the refinery catalysts industry, announced today that it will increase prices of its fluid catalytic cracking catalysts by 10 percent, effective March 15, 2016, or as contracts allow.

"Albemarle continues to make significant investments in its FCC business to improve operating flexibility and as part of our commitment to the innovation and technical service programs that help our customers meet the market's challenges and increase their profits," said Dave Clary, Vice President of Heavy Oil Upgrading. "Increased prices will help sustain this level of support."

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