Project is designed to provide reliable steam and power supply while supporting transition from natural gas to renewable energy

LANGELSHEIM, Deutschland, 1. Juli 2026 – Albemarle Corporation, a global leader in providing essential elements for mobility, energy, connectivity and health, today announced a new project expected to secure a reliable and sustainable source of steam and electric power for operations at its Langelsheim, Germany facility.

Albemarle plans to connect its facility to a nearby biomass power plant, enabling the site to replace up to 90% of its steam and up to 80% of its electric power with biomass-derived steam. By sourcing energy from the biomass facility, Albemarle expects the project to reduce its exposure to natural gas price volatility and availability to help ensure continuous operations. The planned transition to a more sustainable steam source would also support future regulatory requirements for the facility’s energy usage along with Albemarle’s broader sustainability goals.  

“Establishing a secure, long-term supply is essential to maintaining stable and economic operations’, said Christian Brieke, plant manager for Albemarle’s Langelsheim facility. “This project is expected to strengthen the long-term security of supply and resilience of our operations and represents an important part of our commitment to operating responsibly and reducing our environmental footprint.”

The project is being executed in collaboration with GETEC, which will operate the biomass facility and manage fuel sourcing under long-term agreements. The biomass plant uses certified wood chips and landscape maintenance materials as its sustainable fuel source.

After receiving regulatory approvals in May 2026, construction of the pipe bridge connecting the two facilities is expected to begin in October 2026 and reach commercial operation as early as late 2027.  

 

About Albemarle 
Albemarle Corporation (NYSE: ALB) is a world leader in transforming essential resources into critical ingredients for mobility, energy, connectivity and health. We partner to pioneer new ways to move, power, connect and protect with people and planet in mind. A reliable and high-quality global supply of lithium and bromine allows us to deliver advanced solutions for our customers. Learn more about how the people of Albemarle are enabling a more resilient world at Albemarle.com.

Albemarle regularly posts information to Albemarle.com, including notification of events, news, financial performance, investor presentations and webcasts, non-GAAP reconciliations, U.S. Securities and Exchange Commission filings and other information regarding the company, its businesses and the markets it serves.

 

Forward-Looking Statements
This press release contains statements concerning our expectations, anticipations and beliefs regarding the future, which constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements, which are based on assumptions that we have made as of the date hereof and are subject to known and unknown risks and uncertainties, often contain words such as "anticipate," "believe," "estimate," "expect," "goal," "intend,” “plan,” “project,” "may," "should," "would," "will," and similar references to future periods. Forward-looking statements may include statements regarding: the expected performance, benefits, and capabilities of steam and electric technology; expectations concerning cost savings and sustainability goals, expectations relating to Company strategy, operations, or performance; the timing of project construction and completion; improvements in supply stability and operational resilience, and all other information relating to matters that are not historical facts. These and other forward-looking statements are based on management’s current assumptions and expectations and involve risks and uncertainties that could significantly affect expected results. Actual results could differ materially from those expressed or implied in the forward-looking statements if one or more of the underlying estimates, assumptions or expectations prove to be inaccurate or are unrealized. Factors that could cause Albemarle’s actual results to differ materially from the outlook expressed or implied in any forward-looking statement include: challenges with project construction; lower than expected operational or efficiency gains; changes in economic, community, and business conditions; supply chain disruptions or increased costs of materials; impacts of changing environmental or labor conditions; trade policies and tariffs; technological change and development; changes in laws and government regulation; regulatory actions, legal proceedings, breaches of contract;  and the other factors detailed from time to time in the reports Albemarle files with the SEC, including those described under “Risk Factors” in Albemarle’s most recent Annual Report on Form 10-K and any subsequently filed Quarterly Reports on Form 10-Q, which are filed with the SEC and available on the investor section of Albemarle’s website (investors.albemarle.com) and on the SEC’s website at www.sec.gov. These forward-looking statements speak only as of the date of this press release. Albemarle assumes no obligation to provide any revisions to any forward-looking statements should circumstances change, except as otherwise required by securities and other applicable laws.

Media Contact: Ryan Dean, +1 (980) 308-6310, [email protected]