News
Press Releases
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.
Read MoreAlbemarle 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").
Read MoreAlbemarle 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.
Read MoreAlbemarle 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").
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.
Read MoreAlbemarle 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").
Read MoreAlbemarle 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.
Read MoreAlbemarle 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.
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.
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%.
Read MoreTianqi 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.
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.
Read More