Albemarle Corp. (Baton Rouge, La.; www.albemarle.com) announced the successful completion of the previously announced sale of its Tribotecc metal sulfides business to Treibacher Industrie AG. The transaction included sites in Vienna and Arnoldstein, Austria and Tribotecc’s proprietary sulfide synthesis process. Financial terms of the transaction were not disclosed.
Treibacher Industrie AG is an international company with its headquarters in Althofen (Austria) and sites in Toronto (Canada), Shanghai (China), and Tokyo (Japan), Breitungen (Germany). Treibacher Industrie AG develops and manufactures ferro alloys for the steel and foundry industries, powders for the carbide industry, materials for high performance ceramics as well as fine chemicals and special alloys. Treibacher employs approximately 780 people and is selling its products through its worldwide sales network in about 60 countries.