Albemarle Corporation Announces Appointment of Dr. Glen Merfeld, Chief Technology Officer for Lithium Business

CHARLOTTE, N.C., April 16, 2018 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB), a leader in the global specialty chemicals industry, announced today that it has named Dr. Glen Merfeld as Albemarle's Chief Technology Officer for its Lithium business, effective immediately. As Chief Technology Officer, Merfeld will be responsible for research and development in the area of energy storage and will lead all Lithium technology efforts in the areas of both material and data science.

Merfeld joins Albemarle as a distinguished thought leader in the field of energy materials and battery science, as well as a seasoned executive with over 20 years in advanced materials with General Electric. He personally holds 14 patents, 28 invention disclosures, and more than 35 publications.

"We are delighted to welcome Glen to Albemarle," stated John Mitchell, Albemarle's President, Lithium. "The efforts of Glen and his team will help chart the future for Albemarle's Lithium business and allow us to create innovative solutions for the evolving needs of our customers in the energy storage market."

Merfeld was a founding member of the New York Battery & Energy Storage Technology consortium, and served as an industrial Advisory Board member of Argonne National Laboratory's Joint Center for Energy Storage Research. He also served as an Advisory Board member for the University of Maryland's Energy Frontier Research Center on nano-enabled energy storage.

About Albemarle
Albemarle Corporation (NYSE: ALB), headquartered in Charlotte, NC, is a global specialty chemicals company with leading positions in lithium, bromine and refining catalysts. We power the potential of companies in many of the world's largest and most critical industries, from energy and communications to transportation and electronics.  Working side-by-side with our customers, we develop value-added, customized solutions that make them more competitive. Our solutions combine the finest technology and ingredients with the knowledge and know-how of our highly experienced and talented team of operators, scientists and engineers.

Discovering and implementing new and better performance-based sustainable solutions is what motivates all of us. We think beyond business-as-usual to drive innovations that create lasting value. Albemarle employs approximately 5,400 people and serves customers in approximately 100 countries. We regularly post information to www.albemarle.com, including notification of events, news, financial performance, investor presentations and webcasts, non-GAAP reconciliations, SEC filings and other information regarding our company, its businesses and the markets it serves.

"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