News

Press Releases

Mar
16
2017

Albemarle Hosts Investor Day Today in New York City: March 16, 2017

CHARLOTTE, N.C. , March 16, 2017 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB), a leader in the global specialty chemicals industry, will discuss its strategy to capture growth, maximize profitability and drive shareholder value at its 2017 Investor Day today at 8:30 a.m.

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Mar
16
2017

Albemarle positioned to double lithium concentrate production at Greenbushes facility

CHARLOTTE, N.C., March 16, 2017 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB), a leader in the global specialty chemicals industry, announced today that Talison, a joint venture between Albemarle and Tianqi Lithium Corporation, has approved the expansion of lithium concentrate production at its Greenbushes, Australia spodumene mine. Greenbushes is the world's largest active lithium mine. It has the largest hard rock lithium reserve and contains the highest concentration of lithium oxide available of any active mine.

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Feb
27
2017

Albemarle reports strong 2016 earnings finish and record cash flow from operations

CHARLOTTE, N.C. , Feb. 27, 2017 /PRNewswire/ -- Fourth quarter 2016 highlights: Fourth quarter earnings were $602.1 million , or $5.30 per diluted share, including $546.3 million in after-tax gains related to the sale of the Chemetall Surface Treatment business Fourth quarter adjusted EBITDA was $187.4 million, an increase of 12% over the prior year, excluding the impact of divestitures...

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Feb
23
2017

Albemarle raises dividend for 23rd consecutive year

CHARLOTTE, N.C. , Feb. 23, 2017 /PRNewswire/ -- The board of directors of Albemarle Corporation (NYSE: ALB) declared today a quarterly dividend of $0.32 per share, an increase of 5% over the previous quarterly dividend of $0.305 . The dividend, which has a new annualized rate of $1.28, is payable April 3, 2017, to shareholders of record at the close of business as of March 15, 2017. This increase marks the 23rd consecutive year that Albemarle has raised its quarterly dividend.

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Feb
22
2017

Albemarle and Tianqi terminate option for indirect minority interest in Albemarle subsidiary

CHARLOTTE, N.C. , Feb. 22, 2017 /PRNewswire/ --  Albemarle Corporation (NYSE: ALB), a premier specialty chemicals company, announced today that  Albemarle and Tianqi Lithium Corporation (Tianqi) have entered into a deed of termination, pursuant to which Tianqi's exercise of a previously announced option to acquire a 20% indirect ownership interest in Rockwood Lithium GmbH and its subsidiaries has been terminated. In accordance with the deed of termination, the option agreement has been terminated and the exercise of the option by Tianqi will cease to have any legal effect.

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Jan
19
2017

Albemarle Corporation Announces 2017 Investor Day in New York City

CHARLOTTE, N.C. , Jan. 19, 2017 /PRNewswire/ --  Albemarle Corporation (NYSE: ALB), a leader in the global specialty chemicals industry, announced today that it will host its 2017 Investor Day on Thursday, March 16, 2017 , in New York City. 

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Jan
19
2017

Albemarle Corporation Announces Pricing of Maximum Tender Offers

CHARLOTTE, N.C. , Jan. 19, 2017 /PRNewswire/ --  Albemarle Corporation (NYSE: ALB) (the "Company" or "Albemarle"), a leader in the global specialty chemicals industry, today announced the pricing, as set forth in the table below, of its previously announced tender offers (the "Maximum Tender Offers") to purchase for cash up to a maximum repurchase amount of its 1.875% senior notes due 2021 (the "2021 Notes") and 4.150% senior notes due 2024 (the "2024 Notes"; together, the "Maximum Tender Offer Notes"). Since the aggregate principal amount of 2021 Notes tendered will exceed the Aggregate Maximum Repurchase Amount (as defined below), none of the tendered 2024 Notes will be accepted for purchase.

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Jan
19
2017

Albemarle Corporation Announces Early Tender Results of Maximum Tender Offers for Certain Outstanding Debt Securities

CHARLOTTE, N.C. , Jan. 19, 2017 /PRNewswire/ --  Albemarle Corporation (NYSE: ALB) (the " Company " or " Albemarle "), a leader in the global specialty chemicals industry, today announced the early tender results of its previously announced tender offers (the " Maximum Tender Offers ") to purchase for cash up to a maximum repurchase amount of its 1.875% senior notes due 2021 and 4.150% senior notes due 2024 described in the table below (such notes, the "Maximum Tender Offer Notes").

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Jan
18
2017

Albemarle Corporation to release fourth quarter 2016 earnings results on February 27, 2017

Conference call to be held on February 28, 2017, at 9:00 a.m. EST CHARLOTTE, N.C. , Jan. 18, 2017 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB), a leader in the global specialty chemicals industry, announced today that it will release its fourth quarter 2016 earnings after the NYSE closes on Monday, February 27, 2017.

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Jan
11
2017

Albemarle Corporation Announces Redemption of All Outstanding 3.000% Senior Notes Due 2019

CHARLOTTE, N.C. , Jan. 11, 2017 /PRNewswire/ --  Albemarle Corporation (NYSE: ALB) (the " Company "), a leader in the global specialty chemicals industry, announced today that it intends to redeem all of its outstanding 3.000% Senior Notes due 2019 (CUSIP No. 012725AB3, ISIN No.  US012725AB30) issued by it (the "Notes") on February 10, 2017 (the "Redemption Date").

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Jan
10
2017

Albemarle Corporation Announces Pricing and Expiration of Any and All Tender Offers

CHARLOTTE, N.C. , Jan. 10, 2017 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB) (the " Company " or " Albemarle "), a leader in the global specialty chemicals industry, today announced the pricing, as set forth in the table below, and expiration of its previously announced tender offers (the "Any and All Tender Offers") to purchase for cash any and all of its outstanding 3.000% notes due 2019 and 4.500% notes due 2020.

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Jan
04
2017

Albemarle Corporation Announces Tender Offers for Certain Outstanding Debt Securities

CHARLOTTE, N.C. , Jan. 4, 2017 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB) (the "Company" or "Albemarle") today announced that it has commenced tender offers to purchase for cash any and all of the debt securities listed in the first table below and up to a maximum repurchase amount of the debt securities listed in the second table below (collectively, the "Securities").

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