Tuesday, Albemarle Corp. (ALB) signed a Memorandum of Understanding or MOU to form a strategic alliance with MeadWestvaco Specialty Chemicals (MWV), a supplier of activated carbon. The alliance will secure a domestic supply of activated carbon to complement Albemarle's portfolio of total mercury removal solutions to the power industry and will launch MWV Specialty Chemicals as a commercial supplier to this emerging market.
Albemarle Corp. engages in the development, manufacture, and marketing of engineered specialty chemicals. It operates in three segments: Polymer Additives, Catalysts, and Fine Chemicals.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.