Albemarle Corporation
New York Stock ExchangeCapital Structure
•
in mil. unless spec.Working Capital
•
in mil. unless spec.Growth Rates
•
in mil. unless spec.Quarterly Revenue
•
in mil. unless spec.Quarterly Earnings Per Share
•
in mil. unless spec.Quarterly Dividends Per Share
•
in mil. unless spec.- CEO
- Jerry Kent Jr.
- Full Time Employees
- 8,300
- Sector
- Basic Materials
- Industry
- Chemicals - Specialty
- Address
- 4250 Congress Street Charlotte NC United States of America 28209
- IPO Date
- Feb 22, 1994
- CIK
- 0000915913
- Website
- albemarle.com
- Similar Companies
- Business
- Albemarle Corporation (NYSE: ALB) is a global specialty chemicals company that develops, manufactures, and markets lithium compounds, bromine, catalysts, and refining catalysts for a wide range of industries including energy storage, transportation, electronics, construction, and petroleum refining. The company offers lithium carbonate, lithium hydroxide, lithium chloride, and other lithium specialties used primarily in lithium-ion batteries for electric vehicles and energy storage systems; bromine-based flame retardants, biocides, water treatment chemicals, and clear brine fluids for oil and gas drilling; petroleum refining catalysts such as hydroprocessing catalysts (e.g., Ketjen brand), fluidized catalytic cracking catalysts, and performance catalyst solutions; as well as cesium formate brines and other mineral-based products. Albemarle operates production facilities and conducts business across North America, South America, Europe, the Middle East, Africa, and Asia-Pacific, serving customers in the mobility, energy transition, and essential chemistries segments. Founded in 1887 and headquartered in Charlotte, North Carolina, the company maintains strategic joint ventures and subsidiaries worldwide, including its majority ownership in Liontown Resources and partnerships in lithium projects. In recent developments, Albemarle completed the acquisition of a significant stake in Liontown Resources in 2024 to secure lithium supply for its battery-grade products; launched expansions at its lithium conversion facilities in North Carolina and Australia to meet surging demand for EV battery materials; formed a strategic alliance with Stellantis in 2024 for a multi-year offtake agreement covering lithium hydroxide production; and announced operational optimizations including idling its Kemerton facility in Australia amid market conditions while advancing its GreenbusinesstogoTM sustainability initiatives. These moves reflect Albemarle's focus on scaling lithium production capacity to over 1 million tons annually by 2030 and navigating volatile pricing through diversified supply chains and cost efficiencies. The company continues to invest in recycling technologies and downstream processing to support the global energy transition.
Does Albemarle's Premium Valuation Justify Buying the Stock Now?
Batteries Beat the S&P 500: BATT Is Up 25% While SPY Hugs 11%
Albemarle (ALB) Sees a More Significant Dip Than Broader Market: Some Facts to Know
Down 23.6% in 4 Weeks, Here's Why You Should You Buy the Dip in Albemarle (ALB)
Investors Heavily Search Albemarle Corporation (ALB): Here is What You Need to Know
Dividend Champion, Contender, And Challenger Highlights: Week Of June 7
Why Is Albemarle (ALB) Down 16.5% Since Last Earnings Report?
Albemarle (ALB) Stock Slides as Market Rises: Facts to Know Before You Trade
Looking for Earnings Beat? Buy These 5 Top-Ranked Stocks
Is It Worth Investing in Albemarle (ALB) Based on Wall Street's Bullish Views?
Has Albemarle (ALB) Outpaced Other Basic Materials Stocks This Year?
Can ALB's Strong Cash Drive Bigger Shareholder Returns Ahead?
DOW or ALB: Which Is the Better Value Stock Right Now?
Albemarle vs. Rio Tinto: Which Lithium Stock Holds More Promise?
4 Diversified Chemical Stocks to Gain From Demand Rebound
Here Are Tuesday’s Top Wall Street Analyst Research Calls: Albemarle, Booz Allen Hamilton, Cigna, DT Midstream, GE Vernova, Intel, Okta, Travelers, Occidental Petroleum, and More
Here is What to Know Beyond Why Albemarle Corporation (ALB) is a Trending Stock
Albemarle Stock Worth A First Nibble On Recent Share Price Pullback
Rare Earth Stocks Rally On Funding News, Fading China Fears
Rare Earth Stocks Rebound Because U.S.-China Summit Changed Little — Again