UPDATE 1-Albemarle 4th-qtr profit up sharply

* Q4 EPS 68 cts/shr vs year-ago 14 cts/shr

* Q4 revenue $558.2 mln; up 7.8 pct

* Sees better mkt conditions in 2010

NEW YORK, Jan 25 (BestGrowthStock) – Specialty chemicals maker
Albemarle Corp (ALB.N: ) reported sharply higher quarterly profit
on Monday on increased sales of brominated flame retardants.

Albemarle posted net income attributable to the company of
$62.3 million, or 68 cents a share, in its fourth quarter ended
Dec. 31, up 375.5 percent from $13.1 million, or 14 cents a
share, a year earlier.

The Baton Rouge, Louisiana-based company reported net sales
of $558.2 million in the quarter, up from $517.7 million a year
earlier.

Albemarle, which sells specialty chemicals to companies
that make electronics, packaging, auto parts and other goods,
said it expects its performance to track gradually improving
market conditions in 2010, despite higher costs for raw
materials and energy and pension expenses.

Investment
(Reporting by Clare Baldwin and Ernest Scheyder; Editing by
Gary Hill)

UPDATE 1-Albemarle 4th-qtr profit up sharply