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- Albemarle Separately Signs Agreement to Sell its 50% Stake in Eurecat Joint Venture to Axens SA, Combined transactions strengthen Albemarle's financial flexibility and drive greater portfolio focus Albemarle expects to receive total pre-tax cash proceeds of approximately $660 million for the sale of a 51% stake in Ketjen Corporation's refining catalyst solutions business and the sale of its 50% stake in the Eurecat JV upon close Both transactions are expected to close in the first half of…, CHARLOTTE, N.C., ,, Oct. 27, 2025, -- Albemarle Corporation (NYSE: ALB), a global leader in providing essential elements for mobility, energy, connectivity and health today announced it has entered into a definitive agreement to sell a controlling stake in Ketjen Corporation's refining catalyst solutions business (collectively, "Ketjen" or the "Company") to KPS Capital Partners, LP ("KPS"). Albemarle and KPS, through affiliates,…, About Albemarle, , Albemarle Corporation (NYSE: ALB) leads the world 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…, About Ketjen, Ketjen's refining catalyst solutions business provides advanced catalyst solutions to leading producers in the petrochemical and refining industries. From fluidized catalytic cracking to clean fuels solutions and hydro-processing. Ketjen delivers safe and reliable solutions that maximize production performance and business value. Ketjen is headquartered in Houston, Texas, and serves global…, About KPS Capital Partners, , KPS, through its affiliated management entities, is the manager of the KPS Special Situations Funds, a family of investment funds with approximately $19.4 billion of assets under management (as of June 30, 2025). For over three decades, the Partners of KPS have worked exclusively to realize significant capital appreciation by making controlling equity investments in manufacturing and industrial…, Forward-Looking Statements, Certain information contained herein that are not statements of historical fact or current fact 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…, Investor Relations Contact: +1 (980) 308-6194, , [email protected], , Media Contact: Ryan Dean, +1 (980) 308-6310,, [email protected]类型: Article
- Tuesday, Nov. 11, : 1 p.m. to 3 p.m. , Tuesday, Nov. 18, : 1 p.m. to 3 p.m., Thursday, Dec. 4, : 10 a.m. to 12 p.m. Join us for a two-hour tour of the Kings Mountain Mine, where we'll dive into the site's rich history and geology. Led by knowledgeable guides, this experience offers a behind-the-scenes look at the proposed mine site. , Tour Details:, , Duration:, 2 hours, Age Requirement:, 10+, Group Size:, Limited to 12 people per tour, Attire:, Guests are encouraged to wear closed-toed, comfortable footwear Don't miss this exciting opportunity! To register, email [email protected]类型: Article
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