The new facility will complement existing production of fluid catalytic cracking catalysts.

Albemarle will provide FCC with its technology for the manufacture of HPC, enabling the production of STARS catalysts, which have enabled the broad implementation of the most stringent sulfur specifications in fuels in North America, Western Europe and Japan.

Albemarle chairman and CEO Mark Rohr said that the partnership between Petrobras and Albemarle in refinery catalysts has been truly unique and has generated significant value for both companies for over 25 years.

"This expansion into HPC takes our relationship with Petrobras to the next level and also allows us to combine the technological leadership of both companies to best provide South America with clean fuels meeting the highest standards," Rohr said.