News

Press Releases

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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Jan
04
2017

Albemarle receives final approval to expand lithium operations in Chile

CHARLOTTE, N.C. , Jan. 4, 2017 /PRNewswire/ --  Albemarle Corporation  (NYSE: ALB), a premier specialty chemicals company and leader in the production of lithium and lithium derivatives, announced today that it has agreed, effective December 30, 2016 , to amend its lithium production rights agreement with the Chilean Economic Development Agency (Corfo), to both extend the term of that agreement and increase the company's authorized lithium quota at its facility in the Salar de Atacama, Chile. The terms of the amendment have been fully reviewed and approved by all applicable Chilean authorities, including both the Comptroller General and the Nuclear Energy Commission.

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Jan
03
2017

Albemarle completes acquisition of lithium salts production assets in Asia

CHARLOTTE, N.C. , Jan. 3, 2017 /PRNewswire/ --   Albemarle Corporation (NYSE: ALB), a premier specialty chemicals company and leader in the production of lithium and lithium derivatives, announced today that it has successfully completed the acquisition of the Jiangxi Jiangli New Materials Science and Technology Co. Ltd. ("Jiangli New Materials") lithium business for a purchase price of approximately $145 million. 

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Dec
14
2016

Albemarle completes sale of Chemetall Surface Treatment business

CHARLOTTE, N.C. , Dec. 14, 2016 /PRNewswire/ --  Albemarle Corporation (NYSE: ALB), a leader in the global specialty chemicals industry, announced today the successful completion of the previously announced sale of its Chemetall™ Surface Treatment business and related assets to BASF for proceeds of approximately $3.2 billion.

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Dec
02
2016

Albemarle price increases for select brominated products

CHARLOTTE, N.C. , Dec. 2, 2016 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB), a leader in the global specialty chemicals industry, announced today that effective January 1, 2017 , or as contracts allow, it will increase the price of select brominated flame retardants and bromine derivatives by 5%.

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Nov
30
2016

Tianqi gives notice to exercise option for indirect minority interest in Albemarle subsidiary

CHARLOTTE, N.C. , Nov. 30, 2016 /PRNewswire/ --  Albemarle Corporation (NYSE: ALB), a premier specialty chemicals company, announced today that Tianqi Lithium Corporation (Tianqi) has given notice of its decision to exercise an option to acquire a 20% indirect ownership interest in Rockwood Lithium GmbH (GmbH) and its subsidiaries.

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Nov
07
2016

Albemarle board of directors elects Luke Kissam as chairman

CHARLOTTE, N.C. , Nov. 7, 2016 /PRNewswire/ --  The board of directors of Albemarle Corporation (NYSE: ALB), a leader in the global specialty chemicals industry, announced today its decision to elect president and chief executive officer, Luke Kissam, as chairman, effective November 7, 2016.

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Nov
07
2016

Albemarle reports third quarter 2016 results and raises full year guidance

CHARLOTTE, N.C. , Nov. 7, 2016 /PRNewswire/ -- Third quarter 2016 highlights: Third quarter earnings were $128.2 million , or $1.13 per diluted share, an increase of 96% over the prior year; Adjusted net income from continuing operations was $102.7 million , or $0.91 per diluted share, an increase of 20% over the prior year...

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Nov
04
2016

Albemarle Corporation to host 2017 Investor Day in New York City

CHARLOTTE, N.C., Nov. 4, 2016 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB), a leader in the global specialty chemicals industry, announced today its plans to host an Investor Day on Thursday, March 16, 2017, in New York City.

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Nov
03
2016

Albemarle announces quarterly dividend - November 2016

CHARLOTTE, N.C. , Nov. 3, 2016 /PRNewswire/ -- The board of directors of Albemarle Corporation (NYSE: ALB) declared today a quarterly dividend of $0.305 per share.  The dividend is payable January 2, 2017 , to shareholders of record at the close of business as of December 15, 2016.

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Oct
20
2016

Albemarle Corporation to present at Morgan Stanley Global Chemicals and Agriculture Conference on November 15

CHARLOTTE, N.C. , Oct. 20, 2016 /PRNewswire/ --  Albemarle Corporation (NYSE: ALB), a leader in the global specialty chemicals industry, announced today that Luke Kissam , president and chief executive officer and Scott Tozier , executive vice president and chief financial officer, will present at
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