About the Company
Albemarle Corporation is an American specialty chemicals manufacturing company based in Charlotte, North Carolina. It operates 3 divisions: lithium (68.4% of 2022 revenues), bromine specialties (19.3% of 2022 revenues) and catalysts (12.3% of 2022 revenues). As of 2020, Albemarle was the largest provider of lithium for electric vehicle batteries in the world. Albemarle, Sociedad Química y Minera, and FMC Corporation collectively produce just over half of the world's lithium and lithium storage products, while just under half is produced by China. Albemarle is a large developer of flame retardant chemicals technologies, with production plants in the United States, China, the Netherlands, Belgium, Germany, France, Austria, and the United Kingdom. It also has a line of antioxidants and blends which concentrate on improving storage life and stability of fuel and other lubricant products. It produces products used in rigid and flexible polyurethane foam applications and ammonium polyphosphate products, pigments for paper applications, aluminium oxides used for flame-retardant, polishing, catalyst, and niche ceramic applications, as well as magnesium hydroxide mainly used as a flame-retardant. It is one of the largest producers of hydro processing catalysts (HPC) and fluid catalytic cracking (FCC) catalysts used in the petroleum refining industry. Production locations (excluding joint ventures in Brazil and Japan) are: Bayport, Texas and Amsterdam, Netherlands. Albemarle also produces fine chemicals and chemical services for the pharmaceutical and life sciences industries. The Alternative Fuel Technologies division participates in the market for biofuels, gas to liquids, and coal liquefaction. The company is ranked 780th on the Fortune 1000 based on fiscal 2021 revenues.
Sector
Industrial Applications and Services
Industry
Plastic Materials, Synth Resins & Nonvulcan Elastomers
Employees
4008
Exchange
NYSE
Fundamental Data and Insider Transactions (Quarterly data) Full Screen
Loading the fundamentals chart...
Latest $ALB News
My Optimism About Albemarle Has Taken A Hit
Weak lithium prices and the expectation of continued decline have negatively impacted Albemarle Corporation's performance.
Here's Why Albemarle (ALB) Gained But Lagged the Market Today
The latest trading day saw Albemarle (ALB) settling at $112.29, representing a +0.12% change from its previous close.
What 17 Analyst Ratings Have To Say About Albemarle
Albemarle (NYSE:ALB) has been analyzed by 17 analysts in the last three months, revealing a diverse range of perspectives ...
Albemarle, Cummins receive tax credits under Biden's clean energy drive
Albemarle , Cummins and Siemens Energy are some companies that received tax credit under a section of the Inflation Reduction ...
Embattled Albemarle Stock Scores Price-Target Hike
Albemarle Corporation (NYSE:ALB) stock was last seen up 0.6% to trade at $129.90, after the chemicals manufacturing company ...
Albemarle (NYSE: ALB)
Albemarle Corp. engages in the development, manufacture, and marketing of chemicals for consumer electronics, petroleum refining, utilities, packaging, construction, transportation ...
Is Albemarle Stock Going to $156? 1 Wall Street Analyst Thinks So.
DeYoe's positive view of Albemarle stock is based on the continued recovery of lithium prices. The huge decline over the last ...
Albemarle announces substantial donation to Cleveland Community College
Albemarle recently announced a large donation to Cleveland Community College to help support the creation of a skilled ...
Western Albemarle boys soccer team tops Albemarle in matchup of Jefferson District heavyweights
Not long after, Western Albemarle struck again. Dillon Bergert dished it to his right, where it bounced off Janucik’s chest.
Albemarle (ALB) Gets a Buy from Wells Fargo
In a report released yesterday, Michael Sison from Wells Fargo maintained a Buy rating on Albemarle (ALB – Research Report), with a price ...
Albemarle Hikes on Donation News
Albemarle Corporation (NYSE: ALB) shares moved sharply higher Wednesday, as the Charlotte, North Carolina-based company, a global leader in providing essential elements for mobility, energy, ...
Albemarle amongst recipients of tax credits under Biden’s clean energy drive
Albemarle is to receive $9.4 million in credits to support the company’s lithium carbonate production at its Silver Peak ...
Loading the latest forecasts...