Albemarle to Increase Price of Trimethyl Aluminum

Albemarle ( NYSE:ALB) announced that it will increase the price of all grades of trimethyl aluminum (TMA) by 25% for shipments.

The press release is quoted as saying:

Albemarle Corporation (NYSE: ALB), a global leader in the development, manufacture and marketing of metal organics and polyolefin catalysts, announced today that it will increase prices globally for all grades of trimethyl aluminum (TMA) by 25% for shipments beginning January 1, 2011 or as contracts allow.

To access the full release, click here.