CHARLOTTE, N.C. , Jan. 22, 2020 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB), a leader in the global specialty chemicals industry, announced today that it will release its fourth quarter 2019 earnings after the NYSE closes on Wednesday, Feb. 19 , 2020. The company will hold its conference call to discuss fourth quarter 2019 results on, Thursday, Feb. 20 , at 9:00 a.m. ET ., This call will be webcast and can be accessed through Albemarle Corporation's website at, http://investors.albemarle.com, , via the webcast link below or by phone at the following number: US Toll free: +1 844 347 1034 International direct: +1 209 905 5910 Passcode: 6039717 Webcast: Q4 webcast link To avoid registration wait times, participants are encouraged to dial in at least five minutes before the start of the call or pre-register online at any time…, About Albemarle, Albemarle Corporation (NYSE: ALB), headquartered in Charlotte, N.C. , is a global specialty chemicals company with leading positions in lithium, bromine and refining catalysts. We power the potential of companies in many of the world's largest and most critical industries, from energy and communications to transportation and electronics. Working side-by-side with our customers, we develop value-…
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CHARLOTTE, N.C. , Jan. 21, 2020 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB), a leader in the global specialty chemicals industry, announced today it is one of 325 companies across 50 industries included in the 2020 Bloomberg Gender-Equality Index (GEI). Through disclosure of gender-related metrics using the GEI framework, the firms included in the 2020 GEI have provided a comprehensive…, About Albemarle, Albemarle Corporation (NYSE: ALB), headquartered in Charlotte, N.C. , is a global specialty chemicals company with leading positions in lithium, bromine and refining catalysts. We power the potential of companies in many of the world's largest and most critical industries, from energy and communications to transportation and electronics. Working side-by-side with our customers, we develop value-…
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CHARLOTTE, N.C. , Dec. 12, 2019 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB), a leader in the global specialty chemicals industry, will discuss its strategy to deliver profitable growth, accelerate operational efficiency and improve free cash flow to drive shareholder value at its 2019 Investor Day today in New York City . Chairman and CEO Luke Kissam , EVP and Chief Financial Officer Scott…, Introducing 2024 Financial Outlook, 2024 Target, 5-Year CAGR, Revenue, 1 $4.4B - $5.0B 6.0% - 9.0% Lithium 12% - 17% Bromine 1.5% - 2.5% Refining Catalysts 3.0% - 5.0%, Adjusted EBITDA, $1.5M - $1.8M 9.0% - 13.0%, Adjusted EBITDA Margin, 32.0% - 36.0%, Free Cash Flow, $0.8B -$1.0B Key Assumptions : 5% annual dividend growth $100 million sustainable run-rate savings from cost reduction initiative by 2021 20% effective tax rate Currency flat at Nov. 30, 2019 , rate Kissam added, "We continue to see significant growth potential supported by increasing EV penetration of new car sales and are investing in operational excellence, technology and talent to take…, Event Webcast Details, The presentation, which includes question and answer sessions, will begin at 8:30 a.m. ET. It is expected to conclude at approximately 12:30 p.m. ET. The public may access the event through a live webcast available through Albemarle Corporation's website at http://investors.albemarle.com via the link below, or by phone at the following number: US Toll free: +1 844 347 1034…, About Albemarle, Albemarle Corporation (NYSE: ALB), headquartered in Charlotte, N.C. , is a global specialty chemicals company with leading positions in lithium, bromine and refining catalysts. We power the potential of companies in many of the world's largest and most critical industries, from energy and communications to transportation and electronics. Working side-by-side with our customers, we develop value-…, Forward-Looking Statements, Some of the information presented in this press release, the investor day remarks, and discussions that follow, including, without limitation, information related to outlook and guidance, conversion capacity, production volumes, joint ventures, market trends, pricing, expected growth, earnings and demand for our products, tax rates, dividends, cash flow generation, capital projects, electric…
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CHARLOTTE, N.C. , Oct. 31, 2022 /PRNewswire/ --, 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, 2023. Coleman will…, About Albemarle, Albemarle Corporation (NYSE: ALB) is a global specialty chemicals company with leading positions in lithium, bromine and catalysts. We think beyond business as usual to power the potential of companies in many of the world's largest and most critical industries, such as energy, electronics, and transportation. We actively pursue a sustainable approach to managing our diverse global footprint of…
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CHARLOTTE, N.C. , Oct. 25, 2022 /PRNewswire/ -- 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…, About Albemarle, Albemarle Corporation (NYSE: ALB) is a global specialty chemicals company with leading positions in lithium, bromine and catalysts. We think beyond business as usual to power the potential of companies in many of the world's largest and most critical industries, such as energy, electronics, and transportation. We actively pursue a sustainable approach to managing our diverse global footprint of…, Forward-Looking Statements, Some of the information presented in this press release, including, without limitation, information related to the transaction, plans and anticipated benefits in relation to the transaction, and all other information relating to matters that are not historical facts may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results…
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CHARLOTTE, N.C. , Oct. 24, 2022 /PRNewswire/ -- 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, bromine and catalysts. We think beyond business as usual to power the potential of companies in many of the world's largest and most critical industries, such as energy, electronics, and transportation. We actively pursue a sustainable approach to managing our diverse global footprint of…, Forward-Looking Statements, Some of the information presented in this press release, including, without limitation, information related to future dividends and results, and all other information relating to matters that are not historical facts may constitute forward- looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results could differ materially from the views expressed…
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CHARLOTTE, N.C. , Oct. 19, 2022 /PRNewswire/ -- 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 (…, About Albemarle Corporation, Albemarle Corporation (NYSE: ALB) is a global specialty chemicals company with leading positions in lithium, bromine and catalysts. We think beyond business as usual to power the potential of companies in many of the world's largest and most critical industries, such as energy, electronics, and transportation. We actively pursue a sustainable approach to managing our diverse global footprint of…, Forward-Looking Statements, Some of the information presented in this press release, including, without limitation, information related to the timing and transition to, and the benefits of, receipt of funds from the DOE grant, the expected costs, specifications and production capabilities of the planned Kings Mountain concentrator facility and the mega-flex conversion facility, and the number of jobs and educational…
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CHARLOTTE, N.C. , Oct. 5, 2022 /PRNewswire/ --, 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, http://investors.albemarle.com, , via the webcast link below or by phone at the following numbers:, PARTICIPANT INFORMATION (Public):, Canada dial-in number (Toll Free): 1 833 950 0062 Canada dial-in number (Local): 1 226 828 7575 United States: 1 844 200 6205 United States (Local): 1 646 904 5544 All other locations: +1 929 526 1599 Participant Access code: 527598, *Participants will need to enter the participant access code before being met by an operator. Please include this when sending details to participants., Webcast Details, Event Title: Q3 2022 Albemarle Corporation Earnings Conference Call Event Date: November 3, 2022 Start Time: 09:00 AM (GMT-04:00) Eastern Time (US and Canada), Attendee URL (Public):, For inclusion in your invitations to webcast attendees. https://events.q4inc.com/attendee/735285311 To avoid registration wait times, participants are encouraged to use the webcast link as the primary listening source. If a caller is anticipating asking a question, please dial in 15 minutes before the start of the call to be placed in the queue early. An online replay of this call will be…, About Albemarle, Albemarle Corporation (NYSE: ALB) is a global specialty chemicals company with leading positions in lithium, bromine and catalysts. We think beyond business as usual to power the potential of companies in many of the world's largest and most critical industries, such as energy, electronics, and transportation. We actively pursue a sustainable approach to managing our diverse global footprint of…
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CHARLOTTE, N.C. , Aug. 30, 2022 /PRNewswire/ --, 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…, Albemarle Specialties, : This GBU will include the current Bromine business as well as the Lithium Specialties business in the current Lithium business. This new GBU will focus on the company's suite of bromine and highly specialized lithium solutions which benefit from complementary competencies in organic chemistry, application knowledge, and process technology. Netha Johnson, current president of Bromine, will…, Albemarle Energy Storage:, This GBU will include the Hydroxide, Carbonate, Battery Grade Metal, and Advanced Energy Storage businesses in the current Lithium business. This new GBU will focus on the markets, customers, resources, production, and advanced metals research needed to advance lithium-ion battery evolution and the global energy transition. Eric Norris, current president of the Lithium, will become president of…, About Albemarle, Albemarle Corporation (NYSE: ALB) is a global specialty chemicals company with leading positions in lithium, bromine, and refining catalysts. We think beyond business as usual to power the potential of companies in many of the world's largest and most critical industries, such as energy, electronics, and transportation. We actively pursue a sustainable approach to managing our diverse global…, Forward-Looking Statements, Some of the information presented in this press release, including, without limitation, information related to the timing and transition to, and the benefits of, the Company's new portfolio model, the expected focus of the company's global business units, anticipated return on opportunities, and including all information relating to matters that are not historical facts may constitute forward-…
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CHARLOTTE, N.C. , Aug. 29, 2022 /PRNewswire/ --, 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…, About Albemarle, Albemarle Corporation (NYSE: ALB) is a global specialty chemicals company with leading positions in lithium, bromine, and refining catalysts. We think beyond business as usual to power the potential of companies in many of the world's largest and most critical industries, such as energy, electronics, and transportation. We actively pursue a sustainable approach to managing our diverse global…, Forward-Looking Statements, Some of the information presented in this press release, including, without limitation, information related to the timing of restructuring the Catalysts business, the benefits and opportunities associated with the restructuring of the Catalysts business, anticipated return on opportunities, and including all information relating to matters that are not historical facts may constitute forward-…
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