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
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Latest $ALB News
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 ...
My Optimism About Albemarle Has Taken A Hit
Weak lithium prices and the expectation of continued decline have negatively impacted Albemarle Corporation's performance.
Insiders' US$1.66m Investments In Red Following Albemarle's US$1.6b Dip In Market Value
While insider transactions are not the most important thing when it comes to long-term investing, we do think it is perfectly ...
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 ...
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 ...
Man allegedly fights gas station clerk, steals cash register till in Albemarle County
The Albemarle County Police Department is seeking the public’s help to find a suspect who allegedly robbed a Shell gas ...
Here is What to Know Beyond Why Albemarle Corporation (ALB) is a Trending Stock
Therefore, knowing a company's potential revenue growth is crucial. In the case of Albemarle, the consensus sales estimate of $1.45 billion for the current quarter points to a year-over-year ...
ALBEMARLE DONATES $1 MILLION TO CLEVELAND COMMUNITY COLLEGE TO FURTHER SUPPORT WORKFORCE DEVELOPMENT PROGRAMS
Albemarle Corporation (NYSE: ALB), a global leader in providing essential elements for mobility, energy, connectivity and health, announced a $1 million donation to Cleveland Community College (CCC) ...
Albemarle Corp BRDR A1LB34
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings ...
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, ...
Fire Marshal: Cooking is possible cause of home fire in Albemarle County
The Albemarle County Fire Marshal’s Office is exploring cooking as a possible cause of the fire, however, it remains under ...
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 ...
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