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ALBEMARLE (NYSE: ALB) STOCK QUOTE

Last Trade: US$109.55 3.10 2.91
Volume: 1,927,156
5-Day Change: 6.57%
YTD Change: -24.18%
Market Cap: US$12.880B

LATEST NEWS FROM ALBEMARLE

CHARLOTTE, N.C. , Nov. 6, 2024 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB), a global leader in providing essential elements for mobility, energy, connectivity and health, today announced its results for the third quarter ended September 30, 2024 . Third-Quarter 2024 and Recent Highlights (Unless otherwise stated, all percentage changes represent year-over-year comparisons) Net sales of $1.4 billion , with volumes in... Read More
CHARLOTTE, N.C. , Oct. 28, 2024 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB), a global leader in providing essential elements for mobility, energy, connectivity and health, announced today that its board of directors has declared a quarterly common stock dividend of $0.405 per share. The dividend, which has an annualized rate of $1.62 , is payable Jan. 2, 2025 , to shareholders of record at the close of business as of... Read More
Decision marks next step in comprehensive review of cost and operating structure CHARLOTTE, N.C. , Oct. 7, 2024 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB), a global leader in providing essential elements for mobility, energy, connectivity and health, today announced the company's new operating structure to adapt to dynamic market conditions. Albemarle's operating structure will transition from two core global business... Read More
CHARLOTTE, N.C. , Sept. 30, 2024 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB), a global leader in providing essential elements for mobility, energy, connectivity and health, announced today that it will release its third-quarter 2024 earnings after the NYSE closes on Wednesday, November 6, 2024 . The company will hold a conference call to discuss its third-quarter 2024 results on Thursday, November 7 , at 8:00 a.m. ET.... Read More
Award recognizes company's high employee satisfaction, revenue growth and sustainability CHARLOTTE, N.C. , Sept. 13, 2024 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB), a global leader in providing essential elements for mobility, energy, connectivity and health, announced today that TIME magazine has named it one of the World's Best Companies in 2024 . The list highlights companies with exceptional performance in three... Read More
Actions include immediate footprint changes to its Kemerton site in Australia , as well as a full review of cost and operating structure CHARLOTTE, N.C. , July 31, 2024 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB), a global leader in providing essential elements for mobility, energy, connectivity and health, today announced it has launched a comprehensive review of its cost and operating structure, as well as immediate... Read More
CHARLOTTE, N.C. , July 31, 2024 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB), a global leader in providing essential elements for mobility, energy, connectivity and health, today announced its results for the second quarter ended June 30, 2024 . Second-Quarter 2024 and Recent Highlights (Unless otherwise stated, all percentage changes represent year-over-year comparisons) Net sales of $1.4 billion , as lower pricing... Read More
CHARLOTTE, N.C. , July 16, 2024 /PRNewswire/ -- The Board of Directors of Albemarle Corporation (NYSE: ALB) announces that it has declared a quarterly common stock dividend of $0.405 per share. The dividend, which has an annualized rate of $1.62 , is payable Oct. 1, 2024 , to shareholders of record at the close of business as of Sept. 13, 2024 . For 30 consecutive years, Albemarle has raised its dividend. About Albemarle... Read More
CHARLOTTE, N.C. , July 1, 2024 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB), a global leader in providing essential elements for mobility, energy, connectivity and health, announced today that it will release its second-quarter 2024 earnings after the NYSE closes on Wednesday, July 31, 2024 . The company will hold a conference call to discuss its second-quarter 2024 results on Thursday, August 1 , at 8:00 a.m. ET.... Read More
CHARLOTTE, N.C. , June 27, 2024 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB), a global leader in providing essential elements for mobility, energy, connectivity, and health, announces the release of its fourth annual Sustainability Day. The video features Albemarle executives discussing key highlights from the company's 2023 Sustainability Report, All the Elements for a Better World . "Sustainability is embedded in our... Read More
CHARLOTTE, N.C. , June 12, 2024 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB), a global leader in providing essential elements for mobility, energy, connectivity, and health, today published its 2023 Sustainability Report, All the Elements for a Better World, detailing updates on sustainability strategy execution and the important progress made toward achieving the company's sustainability goals. "As a purpose-driven and... Read More
Plan includes responsible land and material use, environmental protection measures and ongoing community engagement CHARLOTTE, N.C. , June 11, 2024 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB), a global leader in providing essential elements for mobility, energy, connectivity, and health, has introduced its project plan for the Kings Mountain Mine, one of the few known hard-rock lithium deposits in the U.S. The plan... Read More
Jamie A. Beggs and Scott A. Tozier to Join as Newest Board Members Ilene S. Gordon to Retire from the Board MEMPHIS, Tenn. , May 22, 2024 /PRNewswire/ -- International Paper ("IP") (NYSE: IP) announced that Jamie A. Beggs and Scott A. Tozier have been elected to IP's Board of Directors, effective May 21, 2024 . The company also announced that Ilene S. Gordon has retired from the Board citing personal and health reasons,... Read More
Part of proceeds from agreement to support investment in local communities CHARLOTTE, N.C. , May 8, 2024 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB), a global leader in providing essential elements for mobility, energy, connectivity, and health, announced an innovative agreement with Martin Marietta Materials, Inc. (NYSE: MLM) a leading supplier of building materials — including aggregate, cement, ready mixed concrete... Read More
CHARLOTTE, N.C. , May 7, 2024 /PRNewswire/ -- The Board of Directors of Albemarle Corporation (NYSE: ALB) announces that it has declared a quarterly dividend of $0.40 per share. The dividend, which has an annualized rate of $1.60 , is payable July 1, 2024 , to shareholders of record at the close of business as of June 14, 2024 . About Albemarle Albemarle Corporation (NYSE: ALB) leads the world in transforming essential... Read More
CHARLOTTE, N.C. , May 1, 2024 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB), a global leader in providing essential elements for mobility, energy, connectivity and health, today announced its results for the first quarter ended March 31, 2024 . First-Quarter 2024 and Recent Highlights (Unless otherwise stated, all percentage changes represent year-over-year comparisons) Net sales of $1.4 billion , driven by Energy... Read More
Donation to support training and apprenticeship programs for growing regional industries CHARLOTTE, N.C. , April 17, 2024 /PRNewswire/ -- 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) for the purchase of equipment, supplies and facility improvements to benefit workforce... Read More
CHARLOTTE, N.C. , April 5, 2024 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB), a global leader in providing essential elements for mobility, energy, connectivity and health, announced today that it will release its first-quarter 2024 earnings after the NYSE closes on Wednesday, May 1, 2024 . The company will hold a conference call to discuss its first-quarter 2024 results on Thursday, May 2 , at 9:00 a.m. ET . Access to... Read More
CHARLOTTE, N.C. , March 6, 2024 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB) (" Albemarle " or the "Company"), a global leader in providing essential elements for mobility, energy, connectivity, and health, announced that it has priced its previously announced offering (the "Offering") of 40,000,000 depositary shares ("Depositary Shares"), each representing a 1/20th interest in a share of Series A Mandatory Convertible... Read More
CHARLOTTE, N.C. , March 4, 2024 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB) (" Albemarle " or the "Company"), a global leader in providing essential elements for mobility, energy, connectivity, and health, today announced that, subject to market and other conditions, it has commenced an offering (the "Offering") of $1 .75 billion of depositary shares ("Depositary Shares"), each representing a 1/20th interest in a share... Read More
CHARLOTTE, N.C. , Feb. 22, 2024 /PRNewswire/ -- The Board of Directors of Albemarle Corporation (NYSE: ALB) announces that it has declared a quarterly dividend of $0.40 per share. The dividend, which has an annualized rate of $1.60 , is payable April 1, 2024 , to shareholders of record at the close of business as of March 15, 2024 . About Albemarle Albemarle Corporation (NYSE: ALB) leads the world in transforming essential... Read More
CHARLOTTE, N.C. , Feb. 19, 2024 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB), a global leader in providing essential elements for mobility, energy, connectivity, and health, announced today that Albemarle Corporation's Chairman and CEO Kent Masters is scheduled to present at the BMO Capital Markets 2024 Investor Conference on Monday, Feb. 26, 2024 , at 1:30 pm ET . A webcast replay will be available following the... Read More
Full-Year Net Sales Increase of 31%, Driven by 21% Volume Growth CHARLOTTE, N.C. , Feb. 14, 2024 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB), a global leader in providing essential elements for mobility, energy, connectivity and health, today announced its results for the fourth quarter and full year ended December 31, 2023 . Full Year 2023 Results (Unless otherwise stated, all percentage changes represent... Read More
Proactive measures to re-phase growth investments and optimize cost structure to generate long-term financial flexibility and unlock > $750 million of cash flow over the near term CHARLOTTE, N.C. , Jan. 17, 2024 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB), a global leader in providing essential elements for mobility, energy, connectivity, and health, today outlined a series of proactive measures underway to re-phase... Read More
CHARLOTTE, N.C. , Jan. 11, 2024 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB), a global leader in providing essential elements for mobility, energy, connectivity and health, announced today that it will release its fourth-quarter 2023 earnings after the NYSE closes on Wednesday, February 14, 2024 . The company will hold a conference call to discuss its fourth-quarter 2023 results on Thursday, February 15 , at 9:00 a.m.... Read More
CHARLOTTE, N.C. , Nov. 17, 2023 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB), a global leader in providing essential elements for mobility, energy, connectivity, and health, today announced that Cynthia Lima has been promoted to senior vice president, chief external affairs and communications officer. "We operate in an increasingly interconnected world, where our ability to engage with key stakeholders and the... Read More
CHARLOTTE, N.C. , Nov. 1, 2023 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB), a global leader in providing essential elements for mobility, energy, connectivity and health, today announced its results for the third quarter ended September 30, 2023 . Third-Quarter 2023 and Recent Highlights (Unless otherwise stated, all percentage changes represent year-over-year comparisons) Net sales of $2.3 billion , an increase of 10%... Read More
CHARLOTTE, N.C. , Oct. 26, 2023 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB), a global leader in providing essential elements for mobility, energy, connectivity, and health, today announced that Neal Sheorey will join Albemarle as its executive vice president and chief financial officer, effective Nov. 6, 2023 . Scott Tozier , Albemarle's current executive vice president and chief financial officer, will transition from... Read More
CHARLOTTE, N.C. , Oct. 23, 2023 /PRNewswire/ -- The Board of Directors of Albemarle Corporation (NYSE: ALB) announces that it has declared a quarterly dividend of $0.40 per share. The dividend, which has an annualized rate of $1.60 , is payable January 2, 2024 , to shareholders of record at the close of business as of December 15, 2023 . About Albemarle Albemarle Corporation (NYSE: ALB) leads the world in transforming... Read More
CHARLOTTE, N.C. , Oct. 18, 2023 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB), a global leader in providing essential elements for mobility, energy, connectivity, and health, announced today it has closed on the restructuring of its MARBL joint venture with Mineral Resources Limited (ASX: MIN.AX) announced earlier this year after receiving the required regulatory approvals. The amended agreements were entered into by the... Read More
CHARLOTTE, N.C. , Oct. 15, 2023 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB), a global leader in providing essential elements for mobility, energy, connectivity and health, announced today it will not pursue a binding agreement to purchase Liontown Resources Limited (ASX:LTR) and has formally withdrawn its non-binding offer to Liontown's Board of Directors. The decision comes as Albemarle nears the end of its exclusive... Read More
CHARLOTTE, N.C. , Oct. 5, 2023 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB), a global leader in providing essential elements for mobility, energy, connectivity and health, announced today that it will release its third-quarter 2023 earnings after the NYSE closes on Wednesday, November 1, 2023 . The company will hold a conference call to discuss its third-quarter 2023 results on Thursday, November 2 , at 9:00 a.m. ET.... Read More
Arrangement includes a collaboration agreement for deployment of Cat battery-electric trucks and site energy transfer solutions, a lithium offtake framework agreement, and an agreement to explore potential opportunities to collaborate on research into battery technology CHARLOTTE, N.C. , Sept. 27, 2023 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB), a global leader in providing essential elements for mobility, energy,... Read More
Funding to support restart of company's Kings Mountain, N.C. , mine and increase domestic processing of critical materials for the nation's battery supply chain CHARLOTTE, N.C. , Sept. 12, 2023 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB), a global leader in providing essential elements for mobility, energy, connectivity and health, announced today that the U.S. Department of Defense has approved a $90 million grant to... Read More
Liontown board intends to recommend revised proposal to its shareholders, subject to entry into a binding agreement and other terms and conditions CHARLOTTE, N.C. , Sept. 3, 2023 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB), a global leader in providing essential elements for mobility, energy, connectivity and health, today confirmed that it will be working toward the execution of a binding agreement to acquire Liontown... Read More
CHARLOTTE, N.C. , Sept. 1, 2023 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB), a global leader in providing essential elements for mobility, energy, connectivity and health, today announced that Netha Johnson , president, Specialties, and Meredith Bandy , vice president of investor relations and sustainability, are scheduled to participate in the UBS Chemicals Conference on Sept. 6 and in the Jefferies Industrials... Read More
CHARLOTTE, N.C. , Aug. 2, 2023 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB), a global leader in providing essential elements for mobility, energy, connectivity and health, today announced its results for the second quarter ended June 30, 2023 . Second-Quarter 2023 and Recent Highlights (Unless otherwise stated, all percentage changes represent year-over-year comparisons) Net sales of $2.4 billion , an increase of 60%... Read More
CHARLOTTE, N.C. , July 19, 2023 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB), a global leader in providing essential elements for mobility, energy, connectivity, and health, has agreed to amend the terms of the transaction signed earlier this year with Mineral Resources Limited (ASX: MIN.AX). The amended agreements are intended to further simplify commercial arrangements entered into by the parties in February of this... Read More
CHARLOTTE, N.C. , July 18, 2023 /PRNewswire/ -- The Board of Directors of Albemarle Corporation (NYSE: ALB) announces that it has declared a quarterly dividend of $0.40 per share. The dividend, which has an annualized rate of $1.60 , is payable October 2, 2023 , to shareholders of record at the close of business as of September 15, 2023 . About Albemarle Albemarle Corporation (NYSE: ALB) leads the world in transforming... Read More
CHARLOTTE, N.C. , July 11, 2023 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB), a global leader in providing essential elements for mobility, energy, connectivity and health, announced today that it will release its second-quarter 2023 earnings after the NYSE closes on Wednesday, August 2, 2023 . The company will hold a conference call to discuss its second-quarter 2023 results on Thursday, August 3 , at 9:00 a.m. ET.... Read More
Highlights company's strong leadership, focus on partnering with customers CHARLOTTE, N.C. , June 26, 2023 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB), a global leader in providing essential elements for mobility, energy, connectivity, and health, today announced that Kent Masters , Albemarle's Chief Executive Officer, has been named to Barron's Top CEOs of 2023. The list of 25 CEOs was chosen by a panel of Barron's... Read More
List debut recognizes company's essential role in building a more resilient world CHARLOTTE, N.C. , June 21, 2023 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB), a global leader in providing essential elements for mobility, energy, connectivity, and health, today announced it has been named to TIME's 100 Most Influential Companies list. The annual list highlights companies making an extraordinary impact around the world,... Read More
Company earns IRMA 50 Rating for Salar de Atacama Lithium Site in Chile CHARLOTTE, N.C. , June 20, 2023 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB), a global leader in providing essential elements for mobility, energy, connectivity and health, today announced that it achieved an IRMA 50 level of performance in an independent third-party assessment of its lithium brine extraction and concentration site in the Salar de... Read More
CHARLOTTE, N.C. and HOUSTON , June 7, 2023 /PRNewswire/ -- Albemarle Corporation , a global leader in providing essential elements for mobility, energy, connectivity, and health, announced the appointment of Michael J. Simmons to president of its wholly owned subsidiary, Ketjen Corporation, effective today. Simmons succeeds Raphael Crawford who will remain with the company through a transition period. "Raphael has been... Read More
First-time appearance highlights company's continued growth and success CHARLOTTE, N.C. , June 5, 2023 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB), a global leader in providing essential elements for mobility, energy, connectivity, and health, today announced it has been named a Fortune 500 company. The Fortune 500 list is assembled annually by Fortune magazine and ranks the largest companies in the United States based... Read More
Company hosting Sustainability Day webcast with leadership on June 20 at 9 a.m. EDT CHARLOTTE, N.C. , June 5, 2023 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB), a global leader in providing essential elements for mobility, energy, connectivity and health, today released its annual Sustainability Report, Committed to Building a More Resilient World . 2022 Sustainability Report Highlights On-track progress toward... Read More
New five-year agreement supports EV production growth plans CHARLOTTE, N.C. , May 22 , 2023 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB), a global leader in providing essential elements for mobility, energy, connectivity and health, today announced a definitive agreement with Ford Motor Company to deliver battery-grade lithium hydroxide to support the automaker's ability to scale electric vehicle (EV) production.... Read More
CHARLOTTE, N.C. , May 18, 2023 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB), a global leader in providing essential elements for mobility, energy, connectivity and health, today announced that Scott Tozier, chief financial officer, and Meredith Bandy , vice president of investor relations and sustainability, will participate in a fireside chat at TD Cowen Sustainability Week on Tuesday, June 6 . The fireside chat is... Read More
CHARLOTTE, N.C. , May 3, 2023 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB), a global leader in providing essential elements for mobility, energy, connectivity and health, today announced its results for the first quarter ended March 31, 2023 . First-Quarter 2023 and Recent Highlights (Unless otherwise stated, all percentage changes represent year-over-year comparisons) Net sales of $2.6 billion , an increase of 129% Net... Read More
CHARLOTTE, N.C. , May 2, 2023 /PRNewswire/ -- The Board of Directors of Albemarle Corporation (NYSE: ALB) announces that it has declared a quarterly dividend of $0.40 per share. The dividend, which has an annualized rate of $1.60 , is payable July 3, 2023 , to shareholders of record at the close of business as of June 16, 2023 . About Albemarle Albemarle Corporation (NYSE: ALB) leads the world in transforming essential... Read More
CHARLOTTE, N.C. , April 6, 2023 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB), a global leader in providing essential elements for mobility, energy, connectivity and health, announced today that it will release its first-quarter 2023 earnings after the NYSE closes on Wednesday, May 3, 2023 . The company will hold its conference call to discuss first-quarter 2023 results on Thursday, May 4 , at 9:00 a.m. ET . This call... Read More
Proposal Represents All-Cash Offer at A$2.50 or US$1.66 per Share CHARLOTTE, N.C. , March 27, 2023 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB), a global leader in transforming lithium and bromine into essential ingredients for mobility, energy, connectivity and health, notes the announcement to the ASX by Liontown Resources (ASX: LTR) on March 28, 2023 , and confirms that it submitted a non-binding proposal to acquire... Read More
Planned investment of at least $1.3 billion to help meet surging demand for electric vehicles and lithium-ion batteries CHARLOTTE, N.C. , March 22, 2023 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB), a global leader in providing essential elements for mobility, energy, connectivity and health, today announced plans to locate its previously announced lithium hydroxide Mega-Flex facility in Chester County, South Carolina.... Read More
CHARLOTTE, N.C. , Feb. 23, 2023 /PRNewswire/ -- The Board of Directors of Albemarle Corporation (NYSE: ALB) announces that it has declared a quarterly dividend of $0.40 per share. The dividend, which has an annualized rate of $1.60 , is payable April 3, 2023 , to shareholders of record at the close of business as of March 17, 2023 . This year marks Albemarle's 29 th consecutive year raising its dividend. About Albemarle... Read More
CHARLOTTE, N.C. , Feb. 22, 2023 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB), (" Albemarle "), a global leader in transforming lithium and bromine into essential ingredients for mobility, energy, connectivity and health, announced today that it has signed definitive agreements with Mineral Resources Limited (ASX: MIN) ("MinRes") to restructure the parties' MARBL lithium joint venture in Australia ("MARBL") and... Read More
CHARLOTTE, N.C. , Feb. 20, 2023 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB), a global leader in transforming essential resources such as lithium and bromine into critical ingredients for mobility, energy, connectivity, and health, announced today that Albemarle Corporation's President and CEO Kent Masters will present at the BMO Capital Markets 2023 Investor Conference on Feb. 27, 2023 , at 1:30 pm ET . A live webcast... Read More
CHARLOTTE, N.C. , Feb. 15, 2023 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB), a global leader in transforming essential resources such as lithium and bromine into critical ingredients for mobility, energy, connectivity and health, today announced its results for the fourth quarter and full year ended Dec. 31, 2022 . Fourth Quarter 2022 and Recent Highlights (Unless otherwise stated, all percentage changes represent... Read More
Company recognized for fourth consecutive year with an improved overall score CHARLOTTE, N.C. , Feb. 9, 2023 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB), a global leader in transforming essential resources such as lithium and bromine into critical ingredients for mobility, energy, connectivity, and health, announced today that it is one of 484 companies across 45 countries and 54 industries to be included in the 2023... Read More
New, wholly owned subsidiary focuses on advanced catalyst solutions HOUSTON , Jan. 30, 2023 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB), a leader in the global specialty chemicals industry, today announced the official brand launch of Ketjen, its wholly owned subsidiary that crafts tailored, advanced catalyst solutions for the petrochemical, refining and specialty chemicals industries. The company shared the new name... Read More
CHARLOTTE, N.C. , Jan. 23, 2023 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB), a leader in the global specialty chemicals industry, will host its virtual 2023 Strategy Update tomorrow, Jan. 24, 2023 , at 9:00 a.m. ET . The event is expected to conclude at approximately 10:45 a.m. ET . Albemarle CEO Kent Masters and CFO Scott Tozier will present alongside Netha Johnson , president, Specialties, and Eric Norris ,... Read More
CHARLOTTE, N.C. , Jan. 17, 2023 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB), a leader in the global specialty chemicals industry, announced today that it will release its fourth-quarter 2022 earnings after the NYSE closes on Wednesday, Feb. 15, 2023 . The company will hold its conference call to discuss fourth-quarter 2022 results on Thursday, Feb. 16 , at 9:00 a.m. ET . This call will be webcast and can be accessed... Read More
GreenStockNews
CHARLOTTE, N.C. , Dec. 13, 2022 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB), a leader in the global specialty chemicals industry, today announced it has acquired a location in Charlotte, North Carolina , where it will invest at least $180 million to establish the Albemarle Technology Park (ATP), a world-class facility... Read More
CHARLOTTE, N.C. , Dec. 12, 2022 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB), a leader in the global specialty chemicals industry, announced today its plans to host a webcast on Tuesday, Jan. 24, 2023 . Albemarle CEO Kent Masters and CFO Scott Tozier will present alongside other members of Albemarle's executive management team. The purpose of the webcast is to provide an update on corporate strategy, including 2023... Read More
Soil treatment that captures dangerous neurotoxins CHARLOTTE, N.C. , Dec. 8, 2022 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB), a leader in the global specialty chemicals industry, today unveiled a breakthrough product that captures mercury from soil and mining waste, helping to remove this harmful element from the food chain. MercLok™ is a soil treatment for mercury remediation. Known in the industry as an amendment,... Read More
CHARLOTTE, N.C. , Nov. 21, 2022 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB), a leader in the global specialty chemicals industry, announced today that the company's management team is scheduled to participate in two institutional investor conferences in December. On Dec. 6 , Meredith Bandy , vice president, Investor Relations and Sustainability, and Mark de Boer , vice president, Sustainability, are scheduled to host... Read More
CHARLOTTE, N.C. , Nov. 15, 2022 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB), a leader in the global specialty chemicals industry, announced today that Sean O'Hollaren joined Albemarle as Chief External Affairs Officer, effective November15, 2022. O'Hollaren brings deep experience in corporate government and public affairs leadership roles. He most recently served as Senior Vice President of Government and Public... Read More
Albemarle Corporation (NYSE: ALB) today announced its results for the third quarter ended Sept. 30, 2022 . Third-Quarter 2022 and Recent Highlights (Unless otherwise stated, all percentage changes represent year-over-year comparisons) Net sales of $2.1 billion , an increase of 152% Net income of $897.2 million , or $7.61 per diluted share; Adjusted diluted EPS of $7.50 , an increase of 614% Adjusted EBITDA of $1.2 billion ,... Read More
Albemarle Corporation (NYSE: ALB), a leader in the global specialty chemicals industry, announced today that Karen G. Narwold , executive vice president, chief administrative officer, general counsel, and corporate secretary, will retire from Albemarle effective April 4, 2023 . Kristin M. Coleman will join the company as executive vice president, general counsel, and corporate secretary on Nov. 28, 2022 . Coleman will report... Read More
Albemarle Corporation (NYSE: ALB), a leader in the global specialty chemicals industry, announced today that its subsidiary, Albemarle Lithium UK Limited, has completed the acquisition of Guangxi Tianyuan New Energy Materials Co., Ltd. ("Tianyuan") for approximately $200 million . A definitive agreement to acquire all outstanding equity from Tianyuan's shareholders was announced in September 2021 . Located near the Port of... Read More
The Board of Directors of Albemarle Corporation (NYSE: V) announces that it has declared a quarterly dividend of $0.395 per share. The dividend, which has an annualized rate of $1.58 , is payable January 3, 2023 , to shareholders of record at the close of business as of December 16, 2022 . About Albemarle Corporation Albemarle Corporation (NYSE: ALB) is a global specialty chemicals company with leading positions in lithium,... Read More
Albemarle Corporation (NYSE: ALB), a global leader in the specialty chemicals industry, announced it has been awarded a nearly $150 million grant from the U.S. Department of Energy (DOE) as part of the first set of projects funded by the President's Bipartisan Infrastructure Law to expand domestic manufacturing of batteries for electric vehicles (EVs) and the electrical grid and for materials and components currently... Read More
Albemarle Corporation (NYSE: ALB), a leader in the global specialty chemicals industry, announced today that it will release its third-quarter 2022 earnings after the NYSE closes on Wednesday, November 2, 2022 . The company will hold its conference call to discuss third-quarter 2022 results on Thursday, November 3, at 9:00 a.m. ET . This call will be webcast and can be accessed through Albemarle Corporation's website at... Read More
Albemarle Corporation (NYSE: ALB), a leader in the global specialty chemicals industry, today announced that it will realign its Bromine and Lithium global business units (GBU) into a new corporate structure designed to better meet customer needs and foster talent required to deliver in a competitive global environment. The move follows the recent announcement of the company's decision to reorganize Catalyst under a... Read More
Albemarle Corporation (NYSE: ALB), a leader in the global specialty chemicals industry, today announced that as a result of its strategic review of the business, Albemarle has chosen to retain its Catalysts business under a separate, to-be-named entity and wholly owned subsidiary of Albemarle . This structure is intended to allow the Catalysts business to respond to unique customer needs and global market dynamics more... Read More
Albemarle Corporation (NYSE: ALB) today announced its results for the second quarter ended June 30, 2022 . Second Quarter 2022 and Recent Highlights (Unless otherwise stated, all percentage changes represent year-over-year comparisons) Net sales of $1.48 billion , an increase of 91% Net income of $406.8 million , or $3.46 per diluted share; Adjusted diluted EPS of $3.45 , an increase of 288% Adjusted EBITDA of $610 million ,... Read More
The Board of Directors of Albemarle Corporation (NYSE: ALB) announces that it has declared a quarterly dividend of $0.395 per share. The dividend, which has an annualized rate of $1.58 , is payable October 3, 2022 , to shareholders of record at the close of business as of September 16, 2022 . About Albemarle Corporation Albemarle Corporation (NYSE: ALB) is a global specialty chemicals company with leading positions in... Read More
Albemarle Corporation (NYSE: ALB), a leader in the global specialty chemicals industry, announced today that it will release its second-quarter 2022 earnings after the NYSE closes on Wednesday, August 3, 2022 . The company will hold its conference call to discuss second-quarter 2022 results on Thursday, August 4 , at 9:00 a.m. ET . This call will be webcast and can be accessed through Albemarle Corporation's website at... Read More
Albemarle Corporation (NYSE: ALB), a leader in the global specialty chemicals industry, announced today the release of its annual global Sustainability Report. 2021 Sustainability Report Highlights On Track to Meet Existing Targets for GHG and Freshwater Intensity Initial Assessment of Scope 3 Greenhouse Gas Emissions (GHG) Completed Initial Life Cycle Assessments (LCAs) of Lithium Products New Targets for Diversity, Equity... Read More
Albemarle Corporation (NYSE: ALB), a leader in the global specialty chemicals industry, announced today that Eric Norris , president, Lithium, will participate in a virtual panel discussion at the Loop Capital Markets 2022 Investor Conference on June 1, 2022 , at 12:00 pm ET . A webcast replay will be available immediately following the conclusion of the event through the Events and Presentations page on Albemarle's website... Read More
Enhancement reflects additional lithium contract renegotiations Albemarle Corporation (NYSE: ALB), a leader in the global specialty chemicals industry, today announced improved full-year 2022 guidance primarily due to the completion of additional lithium contract renegotiations following the company's Q1 2022 earnings release on May 4, 2022 . "Over the past 12 months, we've made significant progress in renegotiating more... Read More
Albemarle Corporation (NYSE: ALB), a leader in the global specialty chemicals industry, today announced that it intends to redeem all its outstanding 4.150% Senior Notes due 2024 (CUSIP No. 012725 AC1, ISIN No. US012725AC13) (the "Notes") on June 12, 2022 (the "Redemption Date"). The Notes will be redeemed at a redemption price equal to the greater of (1) 100% of the principal amount of the Notes and (2) the sum of the... Read More
Albemarle Corporation (NYSE: ALB), a leader in the global specialty chemicals industry, announced today that Kent Masters , chief executive officer, and Scott Tozier , chief financial officer, will present at the 2022 Jefferies Renewable Energy Conference in London on May 24, 2022 , at 11:00 am ET . The presentation materials and a webcast will be accessible at the time of the event through the Events and Presentations page... Read More
Albemarle Corporation (NYSE: ALB), a leader in the global specialty chemicals industry, today announced the pricing of an underwritten public offering of senior notes consisting of: $650,000,000 of 4.650% senior notes due 2027, $600,000,000 of 5.050% senior notes due 2032, and $450,000,000 of 5.650% senior notes due 2052. The notes will be Albemarle's general senior unsecured obligations. The gross proceeds from the offering... Read More
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Albemarle Corporation (NYSE: ALB) today announced its results for the first quarter ended March 31, 2022 . First-Quarter 2022 and Recent Highlights (Unless otherwise stated, all percentage changes represent year-over-year comparisons) Net sales of $1.13 billion , an increase of 36%; Net sales increased 44% excluding Fine... Read More
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The Board of Directors of Albemarle Corporation (NYSE: ALB) today announced that it has declared a quarterly dividend of $0.395 per share. The dividend, which has an annualized rate of $1.58 , is payable July 1, 2022 , to shareholders of record at the close of business as of June 10, 2022 . About Albemarle Corporation... Read More
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Albemarle Corporation (NYSE: ALB), a leader in the global specialty chemicals industry, announced today that Maria Brennan has joined the company as Chief Supply Chain Officer, effective April 29, 2022. Brennan joins Albemarle from Domtar, a leading provider of fiber-based products based in South Carolina, where she served as... Read More
Company commits to six core water management areas and annual reporting Albemarle Corporation (NYSE: ALB), a leader in the global specialty chemicals industry, announced today that it has endorsed the United Nations (UN) Global Compact CEO Water Mandate, a global initiative in partnership with the Pacific Institute, that mobilizes business leaders to advance water stewardship practices. With Albemarle's endorsement, the... Read More
Albemarle Corporation (NYSE: ALB), a leader in the global specialty chemicals industry, announced today that it will release its first-quarter 2022 earnings after the NYSE closes on Wednesday, May 4, 2022 . The company will hold its conference call to discuss first-quarter 2022 results on Thursday, May 5 , at 9:00 a.m. ET . This call will be webcast and can be accessed through Albemarle Corporation's website at... Read More
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Includes three awards for the company's lithium production site in Silver Peak, Nevada Albemarle Corporation (NYSE: ALB), a leader in the global specialty chemicals industry, announced today that it earned eight American Chemistry Council (ACC) Responsible Care Awards for its continued excellence in sustainability initiatives... Read More
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Albemarle Corporation (NYSE: ALB), a leader in the global specialty chemicals industry, announced today that Kent Masters , chief executive officer, and Scott Tozier , chief financial officer, will present at the J.P. Morgan Industrials Conference in New York City on March 16, 2022 , at 9:40 a.m. ET . The presentation... Read More
Albemarle Corporation (NYSE: ALB), a leader in the global specialty chemicals industry, announced today that Kent Masters , chief executive officer, and Scott Tozier , chief financial officer, will participate in a virtual fireside chat hosted by RBC Capital Markets on March 8, 2022 , scheduled to begin at 9:20 a.m. ET . The presentation materials will be accessible at the time of the event through the Events and... Read More
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The Board of Directors of Albemarle Corporation (NYSE: ALB) announces that it has declared a quarterly dividend of $0.395 per share. The dividend, which has an annualized rate of $1.58 , is payable April 1, 2022 , to shareholders of record at the close of business as of March 18, 2022 . This year marks Albemarle's 28th... Read More
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Albemarle Corporation (NYSE: ALB), a leader in the global specialty chemicals industry, announced today that its Board of Directors (the "Board") has appointed Ralf H. Cramer to the Board, effective February 21, 2022. Cramer will serve as a member of the Board's Audit & Finance Committee and Health, Safety & Environment... Read More
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Albemarle Corporation (NYSE: ALB) today announced its results for the fourth quarter and full year ended December 31, 2021. Fourth-Quarter 2021 and Recent Highlights (Unless otherwise stated, all percent changes represent year-over-year comparisons) Net sales of $894 million , an increase of 2% Net loss of ($3.8) million , or... Read More
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Albemarle Corporation (NYSE: ALB) (" Albemarle "), a leader in the global specialty chemicals industry, announced today that it has signed a non-binding letter agreement with Mineral Resources Limited (ASX: MIN) ("MRL") to explore a potential expansion of the MARBL Lithium Joint Venture ("MARBL"). "The expansion of MARBL would... Read More
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Albemarle Corporation (NYSE: ALB), a leader in the global specialty chemicals industry, announced today it is one of 418 companies across 11 sectors to be included in the 2022 Bloomberg Gender-Equality Index (GEI), a modified market capitalization-weighted index that aims to track the performance of public companies committed... Read More
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Albemarle Corporation (NYSE: ALB), a global leader in advanced lithium materials, and 6K , an emerging leader of microwave-controlled plasma technology, today announced they have signed a joint development agreement (JDA) to explore the use of 6K's patented UniMelt® advanced, sustainable materials production platform to... Read More
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Albemarle Corporation (NYSE: ALB), a leader in the global specialty chemicals industry, today announced a price increase for Catalysts global business unit customers. These price increases are effective immediately, or as contracts allow. Albemarle and its suppliers are continuing to see unprecedented increases worldwide in... Read More
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Albemarle Corporation (NYSE: ALB), a leader in the global specialty chemicals industry, announced today that it will release its fourth-quarter 2021 earnings after the NYSE closes on Wednesday, Feb. 16, 2022 . The company will hold its conference call to discuss fourth-quarter 2021 results on Thursday, Feb. 17 , at 9:00 a.m.... Read More
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Albemarle Corporation (NYSE: ALB), a leader in the global specialty chemicals industry, announced today that Eric Norris , Albemarle President, Lithium, will participate in a virtual fireside chat hosted by Deutsche Bank on Dec. 9, 2021 , at 8:05 a.m. ET . The presentation materials will be accessible at the time of the event... Read More
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Albemarle Corporation (NYSE: ALB) today announced its results for the third quarter ended September 30, 2021 . Third-Quarter 2021 Highlights (Unless otherwise stated, all percent changes are based on year-over-year comparisons) Net sales of $830.6 million , an increase of 11%; Net sales increased 19% excluding FCS Net loss of... Read More
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Albemarle Corporation (NYSE: ALB) today issued a response to a recent arbitration decision on a dispute between Huntsman Corporation and Rockwood Holdings, Inc. related to Huntsman's acquisition of Rockwood's Pigments & Additives business. The Huntsman-Rockwood dispute stems from a transaction between Huntsman Corporation and... Read More
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Albemarle Corporation (NYSE: ALB), a leader in the global specialty chemicals industry, today announced that EcoVadis, a global sustainability ratings provider, has awarded Albemarle gold-medal status for its sustainability commitment and results. The award marks six consecutive years of gold status for Albemarle . The rating... Read More
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Albemarle Corporation (NYSE: ALB), a leader in the global specialty chemicals industry, announced today that Eric Norris , Albemarle President, Lithium, and Glen Merfeld , Albemarle Chief Technology Officer, Lithium, will participate in a virtual fireside chat hosted by Oppenheimer & Co. Inc. on Nov. 8, 2021 , at 11:00 a.m. ET... Read More
The Board of Directors of Albemarle Corporation (NYSE: ALB) announces that it has declared a quarterly dividend of $0.39 per share. The dividend, which has an annualized rate of $1.56 , is payable Jan. 3, 2022 , to shareholders of record at the close of business as of Dec. 17, 2021 . About Albemarle Corporation Albemarle Corporation (NYSE: ALB) is a global specialty chemicals company with leading positions in lithium,... Read More
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Albemarle Corporation (NYSE: ALB), a leader in the global specialty chemicals industry, today announced its intent for strategic investments in China in support of the expansion of its lithium conversion capacity. The company recently signed investment agreements with the Yangtze River International Chemical Industrial Park in... Read More
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Albemarle Corporation (NYSE: ALB), a leader in the global specialty chemicals industry, announced today that the Albemarle Foundation has released its first-ever annual Community Impact Report. The report offers insight into the Foundation's programs, distributions, and success stories in communities from around the world. "In... Read More
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Albemarle Corporation (NYSE: ALB), a leader in the global specialty chemicals industry, announced today that its subsidiary, Albemarle Lithium UK Limited, has signed a definitive agreement to acquire all of the outstanding equity of Guangxi Tianyuan New Energy Materials Co., Ltd. ("Tianyuan"), a lithium converter located in... Read More
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Albemarle Corporation (NYSE: ALB), a leader in the global specialty chemicals industry, announced today that it will release its third-quarter 2021 earnings after the NYSE closes on Wednesday, Nov. 3, 2021 . The company will hold its conference call to discuss third-quarter 2021 results on Thursday, Nov. 4 , at 9:00 a.m. ET.... Read More
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Albemarle Corporation (NYSE: ALB), a leader in the global specialty chemicals industry, will host its 2021 Investor Day event today at 8:30 a.m. ET . The event will be held virtually and by webcast to ensure the safety of all participants. Chairman and CEO Kent Masters will be joined by EVP and CFO Scott Tozier , the... Read More
Albemarle Corporation (NYSE: ALB), a leader in the global specialty chemicals industry and in lithium extraction and production, announced today that it has commenced an independent, third-party assessment using the Initiative for Responsible Mining Assurance's (IRMA) Standard for Responsible Mining at the company's lithium brine extraction site, the Salar Plant, located in Northern Chile in the Salar de Atacama. IRMA is... Read More
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Albemarle Corporation (NYSE: ALB) today announced its results for the second quarter ended June 30, 2021 . Second Quarter 2021 Highlights (Unless otherwise stated, all percent changes are based on year-over-year comparisons) Net income of $424.6 million , or $3.62 per diluted share, including a gain on the sale of Fine... Read More
The Board of Directors of Albemarle Corporation (NYSE: ALB) announces that it has declared a quarterly dividend of $0.39 per share. The dividend, which has an annualized rate of $1.56 , is payable Oct. 1, 2021 , to shareholders of record at the close of business as of Sept. 17, 2021 . About Albemarle Corporation Albemarle Corporation (NYSE: ALB) is a global specialty chemicals company with leading positions in lithium,... Read More
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Albemarle Corporation (NYSE: ALB), a leader in the global specialty chemicals industry, announced today its plans to host a virtual Investor Day on Friday, Sept. 10, 2021 . Albemarle CEO Kent Masters and CFO Scott Tozier will present alongside other members of Albemarle's executive management team, providing insights related... Read More
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Albemarle Corporation (NYSE: ALB), a leader in the global specialty chemicals industry, announced today the opening of the company's Battery Materials Innovation Center (BMIC) located at its Kings Mountain, North Carolina , site. The BMIC is expected to be fully operational in July 2021 and will support Albemarle's lithium... Read More
Albemarle Corporation (NYSE: ALB), a leader in the global specialty chemicals industry, announced today that it received 10 American Chemistry Council (ACC) Responsible Care Awards for its exemplary health, safety and environmental initiatives. Albemarle received awards in the categories of facility safety and outstanding COVID-19 response efforts. A total of nine sites, representing each of Albemarle's three global business... Read More
Surge Battery Minerals Inc. (the "Company" or "Surge") (TSXV: NILI), (OTC: NILIF), (FRA: DJ5C) is pleased to report that it has finalized plans to acquire 38 mineral claims, located in Township 44 North, Range 65 East, Sections 13, 14, 23, and 24. The claims are valid and have been properly recorded with both the US Bureau of Land Management and the Elko County, Nevada Recorder. The Company refers to this series of mineral... Read More
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Albemarle Corporation (NYSE: ALB), a leader in the global specialty chemicals industry, announced today that it will release its second-quarter 2021 earnings after the NYSE closes on Wednesday, Aug. 4, 2021 . The company will hold its conference call to discuss second-quarter 2021 results on Thursday, Aug. 5 , at 9:00 a.m. ET... Read More
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Albemarle Corporation (NYSE: ALB), a leader in the global specialty chemicals industry, announced today the release of its annual global Sustainability Report. This year's report lays out meaningful and achievable targets for greenhouse gas emissions and water use. " Albemarle is a values-driven organization that is committed... Read More
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Albemarle Corporation (NYSE: ALB), a leader in the global specialty chemicals industry, today announced that it has completed the sale of its Fine Chemistry Services business to W. R. Grace & Co. for approximately $570 million , consisting of $300 million in cash, and the issuance to Albemarle of preferred equity of a W. R.... Read More
W. R. Grace & Co. (NYSE: GRA) today announced the completion of its acquisition of the Fine Chemistry Services business (“FCS”) of Albemarle Corporation (NYSE: ALB) for approximately $570 million, including $300 million paid in cash and $270 million funded through the issuance to Albemarle of non-participating preferred equity of a newly created Grace subsidiary. “This investment represents an important step forward in... Read More
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Albemarle Corporation (NYSE: ALB), a leader in the global specialty chemicals industry, announced today that it will release its 2020 Sustainability Report on Wednesday, June 2, 2021 . The company will also host a webcast on Thursday , June 3 , at 10:00 a.m. EDT with CEO Kent Masters and CFO Scott Tozier , who will present an... Read More
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Albemarle Corporation (NYSE: ALB), a leader in the global specialty chemicals industry, announced today that Kent Masters , Albemarle CEO, and Scott Tozier , Albemarle CFO, will participate in a virtual fireside chat at the Goldman Sachs Industrials and Materials Conference on May 12 , 2021, at 11:20 a.m. ET . The webcast and... Read More
Albemarle Corporation (NYSE: ALB) today announced its results for the first quarter ended March 31, 2021 . First Quarter 2021 Highlights (Unless otherwise stated, all percent changes are based on year-over-year comparisons) Net income of $95.7 million , or $0.84 per diluted share; Adjusted diluted EPS of $1.10 , an increase of 10% Net sales of $829.3 million , an increase of 12% Adjusted EBITDA of $230.1 million an increase... Read More
The Board of Directors of Albemarle Corporation (NYSE: ALB) announces that it has declared a quarterly dividend of $0.39 per share. The dividend, which has an annualized rate of $1.56 , is payable July 1, 2021 , to shareholders of record at the close of business as of June 11, 2021 . About Albemarle Corporation Albemarle Corporation (NYSE: ALB), headquartered in Charlotte, N.C. , is a global specialty chemicals company with... Read More
Albemarle Corporation (NYSE: ALB), a leader in the global specialty chemicals industry, announced today that it has joined the United Nations (UN) Global Compact, a voluntary leadership platform for the development, implementation and disclosure of responsible business practices, and the largest corporate sustainability initiative in the world. Launched in 2000, the UN Global Compact is a call to companies to align their... Read More
Albemarle Corporation (NYSE: ALB), a leader in the global specialty chemicals industry, announced today that it will release its first-quarter 2021 earnings after the NYSE closes on Wednesday, May 5, 2021 . The company will hold its conference call to discuss first-quarter 2021 results on Thursday, May 6 , at 9:00 a.m. ET . This call will be webcast and can be accessed through Albemarle Corporation's website at... Read More
Project at Clayton Valley, Nevada Nickel Rock Resources Inc. ("the Company") (TSXV: NICL ), ( OTCQB: NIKLF)is pleased to announce that reverse circulation drilling is commencing on the Company's recently expanded claim block at Silver Peak, Clayton Valley, Esmeralda County , Nevada. This strategic land package, covering approximately 2,300 acres (930 ha), directly adjoins a western portion of lithium producer Albemarle's (... Read More
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Albemarle Corporation (the "Company") (NYSE: ALB) today announced the upsize and early results of the previously announced cash tender offers by the Company and two of its wholly-owned subsidiaries, Albemarle Wodgina Pty Ltd (ACN 630 509 303) ("Wodgina") and Albemarle New Holding GmbH ("New Holding," and together with the... Read More
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Albemarle Corporation (the "Company") (NYSE: ALB) today announced the pricing of the previously announced cash tender offers by the Company and two of its wholly-owned subsidiaries, Albemarle Wodgina Pty Ltd ("Wodgina") and Albemarle New Holding GmbH ("New Holding," and together with the Company and Wodgina, the "Issuers"),... Read More
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Albemarle Corporation (NYSE: ALB), a leader in the global specialty chemicals industry, announced today that Eric Norris , President, Lithium, will present at the Goldman Sachs Chemical Intensity Days on Tuesday, March 9, 2021 , at 9:45 a.m. ET . The webcast and presentation materials will be accessible at the time of the... Read More
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Albemarle Corporation (the "Company") (NYSE: ALB) today announced the commencement of two cash tender offers by the Company and two of its wholly-owned subsidiaries, Albemarle Wodgina Pty Ltd ("Wodgina") and Albemarle New Holding GmbH ("New Holding," and together with the Company and Wodgina, the "Issuers"). The first tender... Read More
The Board of Directors of Albemarle Corporation (NYSE: ALB) announces that it has declared a quarterly dividend of $0.39 per share. The dividend, which has an annualized rate of $1.56 , is payable April 1, 2021 , to shareholders of record at the close of business as of March 12, 2021 . This year marks Albemarle's 27 th consecutive year raising its dividend. About Albemarle Corporation Albemarle Corporation (NYSE: ALB),... Read More
Albemarle Corporation (NYSE: ALB), a leader in the global specialty chemicals industry, today announced that it has signed a definitive agreement to sell its Fine Chemistry Services business to W.R. Grace & Co. for approximately $570 million , consisting of $300 million in cash, and the issuance to Albemarle of preferred equity of a W.R. Grace & Co. subsidiary having an aggregate stated value of $270 million . As part of the... Read More
Highly Complementary Bolt-on Acquisition Accelerates Strategy of Building Higher Growth Portfolio Accretive to Revenue Growth Rate, EBITDA Margin and Adjusted EPS in 2021 Significantly Strengthens Technology, Product and Manufacturing Capabilities W. R. Grace & Co. (NYSE: GRA, the “Company”) today announced that it has entered into a definitive agreement to acquire the Fine Chemistry Services business (“FCS”) of Albemarle... Read More
Albemarle Corporation (NYSE: ALB) today announced its results for the fourth quarter and full year ended December 31, 2020. Fourth Quarter 2020 and Recent Highlights (Unless otherwise stated, all percent changes represent year-over-year comparisons) Net income of $84.6 million , or $0.79 per diluted share; Adjusted diluted EPS of $1.17 Net sales of $879 million , which was at the high-end of previous outlook, a... Read More
Albemarle Corporation (NYSE: ALB), a leader in the global specialty chemicals industry, announced today that Albemarle CEO Kent Masters has signed the CEO Action for Diversity & Inclusion pledge. "We are committed to a culture where our values are clear, all are welcome to collaborate and contribute, and our differences are celebrated as a competitive advantage," said Masters. "We know that great change comes with great... Read More
Albemarle Corporation (NYSE: ALB), a leader in the global specialty chemicals industry, today announced the pricing of a previously announced underwritten public offering of 8,496,733 shares of its common stock at a price to the public of $153.00 per share. The gross proceeds from this offering are expected to be approximately $1.3 billion , before deducting the underwriting discounts and commissions and estimated offering... Read More
Albemarle Corporation (NYSE: ALB), a leader in the global specialty chemicals industry, today announced preliminary results for the fourth quarter ended December 31, 2020 . Fourth-Quarter 2020 Highlights (Unless otherwise stated, all percent changes are based on year-over-year comparisons) Net sales of between $870 million and $880 million , down 11% to 12%, but above prior outlook Net income in the range of $77 million to... Read More
Albemarle Corporation (NYSE: ALB), a leader in the global specialty chemicals industry, today announced that it has commenced an underwritten public offering of $1,300,000,000 of shares of its common stock. In connection with this offering, Albemarle expects to grant the underwriters a 30-day option to purchase up to $195,000,000 of additional shares at the public offering price, less the underwriting discounts and... Read More

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