Albemarle Selected as One of Corporate Responsibility Magazine's '100 Best Corporate Citizens for 2010'

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Mar 11, 2010, 02:02 ET

BATON ROUGE, La., March 11 /PRNewswire-FirstCall/ -- Albemarle Corporation (NYSE: ALB) a leading provider of innovative and sustainable specialty chemical solutions has been selected as one of Corporate Responsibility Magazine's 100 Best Corporate Citizens for 2010. This prestigious list is widely accepted as the world's most respected corporate responsibility ranking and one of the top-three most important business rankings in the United States.

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Based on over 360 data-points of public information, the 100 Best Corporate Citizens List is scored in seven different categories including environment, climate change, human rights, philanthropy, employee relations and governance. Albemarle ranked #64 on the list, scoring particularly high in environment, climate change and philanthropy.

"This is our first appearance on Corporate Responsibility Magazine's list of the 100 Best Corporate Citizens and this recognition is a direct result of our employee's proactive efforts to drive a sustainable and purpose-driven business model that delivers consistent and dependable value to our shareholders while making a positive impact on the world around us," said Mark C. Rohr, chairman, president and chief executive officer.

"Each and every day, our employees bring their commitment, creativity, integrity and energy to our mission to be a positive force and a responsible corporate citizen. We are proud of their work and gratified they are being recognized in such a prestigious manner. Collectively, we remain energized by the opportunities our unique combination of innovation and stewardship can provide," Mr. Rohr concluded.

About the 100 Best Corporate Citizens List

Companies appearing on the 100 Best Corporate Citizens List are selected from among the large-cap Russell 1000 companies, based on data provided by leading environmental, social and governance investor data firm, IW Financial. The open and transparent methodology of the list is governed by a Methodology Committee of the Corporate Responsibility Officers Association (CROA) and is made available publicly at www.thecro.com. The 100 Best List was first published in 1999 in Business Ethics Magazine and has been managed by the Corporate Responsibility Officers Association and Corporate Responsibility Magazine since 2007.

About Albemarle Corporation

Albemarle Corporation, headquartered in Baton Rouge, Louisiana, is a leading global developer, manufacturer, and marketer of highly-engineered specialty chemicals for consumer electronics, petroleum refining, utilities, packaging, construction, automotive/transportation, pharmaceuticals, crop protection, food-safety and custom chemistry services. The Company is committed to global sustainability and is advancing its eco-practices and solutions in its three business segments, Polymer Solutions, Catalysts, and Fine Chemicals. Albemarle employs approximately 4,000 people and serves customers in approximately 100 countries. To learn more, visit http://www.albemarle.com/.

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding Albemarle Corporation's business that 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.

SOURCE Albemarle Corporation