BATON ROUGE, La., April 6, 2011 /PRNewswire/ -- 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 2011. This is the second year that Albemarle has been named to this prestigious list, which 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.
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.
"We are pleased to be named among the 'Top 100 Best Corporate Citizens' for the second year in a row," said Mark C. Rohr, Chairman, President and Chief Executive Officer. "This prestigious honor not only recognizes the Company as a positive force and responsible citizen, but it is clear proof of our individual employees' commitments to providing industry-leading products, while remaining selflessly involved in our communities."
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 http://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.
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 Chemistry. Corporate Responsibility Magazine selected Albemarle to its prestigious "100 Best Corporate Citizens" list for 2009 and 2010. Albemarle employs approximately 4,000 people and serves customers in approximately 100 countries. Albemarle regularly posts information to www.albemarle.com, including notification of events, news, financial performance, investor presentations and webcasts, Regulation G reconciliations, SEC filings, and other information regarding the 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.