News

Press Releases

Apr
03
2018

Albemarle completes sale of portion of Performance Catalysts Solutions to W. R. Grace & Co.

CHARLOTTE, N.C., April 3, 2018 /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 polyolefin catalysts and components business to W. R. Grace & Co. (NYSE: GRA) in a cash transaction valued at approximately $416 million.

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Mar
09
2018

Albemarle Corporation Receives Increase in Lithium Quota for Chile Operations

CHARLOTTE, N.C. , March 9, 2018 /PRNewswire/ --  Albemarle Corporation  (NYSE: ALB), a leader in the production of lithium and lithium derivatives, announced today that as expected, it has received approval from Chile's Economic Development Agency (CORFO) for an increase in the company's lithium quota to sustainably increase Albemarle's lithium production in Chile to as much as 145,000 metric tons of lithium carbonate equivalent (LCE) annually through 2043. As previously announced, this quota increase will be enabled by the company's deployment of innovative technology to extract more lithium without the need for additional brine pumping at the Salar de Atacama.

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Feb
27
2018

Albemarle finishes strong - guiding to continued growth in 2018

CHARLOTTE, N.C., Feb. 27, 2018 /PRNewswire/ -- Fourth quarter 2017 highlights: Fourth-quarter net sales were $857.8 million, an increase of 23% over the prior year Fourth-quarter loss of $218.4 million, or $1.95 per diluted share, including $366.9 million of income tax expense related to the new...

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Feb
23
2018

Albemarle Corporation raises dividend for 24th consecutive year

CHARLOTTE, N.C. , Feb. 23, 2018 /PRNewswire/ -- The board of directors of Albemarle Corporation (NYSE: ALB) announces that it has declared a quarterly dividend of $0.335 per share, an increase of nearly 5% over the previous quarterly dividend of $0.32.

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Feb
12
2018

Albemarle Corporation to present at JPMorgan Aviation, Transportation and Industrials Conference

CHARLOTTE, N.C. , Feb. 12, 2018 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB), a leader in the global specialty chemicals industry, announced today that Luke Kissam, Albemarle Chairman, President and Chief Executive Officer, will present at the JPMorgan Aviation, Transportation and Industrials Conference in New York City on Tuesday, March 13, 2018.

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Jan
18
2018

Albemarle Announces Retirement of Matt Juneau, Executive Vice President, Corporate Strategy & Investor Relations; Names Eric W. Norris As Successor

CHARLOTTE, N.C. , Jan. 18, 2018 /PRNewswire/ --  Albemarle Corporation (NYSE: ALB), a leader in the global specialty chemicals industry, announced today that Matt Juneau, executive vice president, Corporate Strategy & Investor Relations, is retiring from the company in March 2018 and that it has named Eric W. Norris as Albemarle's chief strategy officer, effective immediately. 

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Jan
16
2018

Albemarle Corporation to release fourth quarter 2017 earnings results on Feb. 27, 2018

Conference call to be held on Feb. 28, 2018 at 9:00 a.m. ET CHARLOTTE, N.C. , Jan. 16, 2018 /PRNewswire/ --  Albemarle Corporation (NYSE: ALB), a leader in the global specialty chemicals industry, announced today that it will release its fourth quarter 2017 earnings after the NYSE closes on Tuesday, Feb. 27, 2018.

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Dec
19
2017

Albemarle expands FCC product portfolio by launching new Granite™ technology

CHARLOTTE, N.C. , Dec. 19, 2017 /PRNewswire/ --  Albemarle Corporation (NYSE: ALB), a leader in the global specialty chemicals industry, announced today that it is launching a new technology for the Fluid Catalytic Cracking (FCC) catalyst market called Granite™.

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Dec
14
2017

Albemarle enters into definitive agreement to sell portion of Performance Catalysts Solutions to W. R. Grace & Co.

CHARLOTTE, N.C., Dec. 14, 2017 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB), a leader in the global specialty chemicals industry, announced today that it has signed a definitive agreement to sell its polyolefin catalysts and components business to W. R. Grace & Co. (NYSE: GRA) in a cash transaction valued at approximately $416 million.

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Dec
06
2017

AlkyClean® Technology Wins Kirkpatrick Chemical Engineering Award

CHARLOTTE, N.C. , Dec. 6, 2017 /PRNewswire/ --  Albemarle Corporation (NYSE: ALB), a leader in the global specialty chemicals industry, announced today that it is the recipient of the 44 th Kirkpatrick Chemical Engineering Award for its breakthrough AlkyClean® process technology developed jointly with CB&I and Neste.

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Nov
08
2017

Albemarle continues double digit growth in third quarter

CHARLOTTE, N.C. , Nov. 8, 2017 /PRNewswire/ -- Third quarter 2017 highlights: Third quarter net sales were $754.9 million, an increase of 15% over the prior year Third quarter earnings were $118.7 million, or $1.06 per diluted share. Third quarter adjusted EBITDA was $209.4 million, an increase of 11% over the prior year; adjusted diluted earnings per share from continuing operations of $1.08, an increase of 19% over the prior year

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Nov
06
2017

Albemarle announces quarterly dividend - November 2017

CHARLOTTE, N.C. , Nov. 6, 2017 /PRNewswire/ -- The board of directors of Albemarle Corporation (NYSE: ALB) declared today a quarterly dividend of $0.32 per share.  The dividend is payable January 2, 2018 , to shareholders of record at the close of business as of December 15, 2017.

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