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Albemarle Signs Heads of Agreement for Hydrocracking

Peter Neil
Albemarle Signs Heads of Agreement for Hydrocracking

On June 20, Albemarle (ALB) entered into heads of agreement with Sinopec Catalyst Co. Ltd. and Sinopec Fushun Research Institute of Petroleum and Petrochemicals in the field of hydrocracking. The cooperation among these entities is on a non-exclusive basis, and they expect to supply hydrocracking pre-treat and hydrocracking catalysts and expertise.