CHARLOTTE, N.C., Oct. 19, 2021 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB), a leader in the global specialty chemicals industry, announced today that the Albemarle Foundation has released its first-ever annual Community Impact Report. The report offers insight into the Foundation's programs, distributions, and success stories in communities from around the world.
"In this Community Impact Report, we showcase remarkable efforts of our employees, retirees, board members and partner agencies to translate our mission into meaningful actions throughout 2020," said Sandra Holub, Executive Director, Albemarle Foundation. "It is inspiring to see this compilation of our company values in action to grow the good in our communities."
The Albemarle Foundation was created in 2007 as a privately endowed 501c3 entity with a mission to make a positive, sustainable difference in communities where the company operates. Its philanthropic efforts support education, health and social services, and cultural initiatives through grants, matching grants, volunteer grants, and scholarships. The Foundation also supports the Albemarle Care Fund to assist employees who have been impacted by catastrophic circumstances or natural disaster.
In 2020, the Albemarle Foundation distributed more than $5.6 million in grants. Since its inception in 2007, the organization has distributed more than $46 million in grants.
For a complete review of Albemarle Foundation's 2020 Community Impact Report, please visit https://www.albemarle.com/about/albemarle-foundation.
Albemarle Corporation (NYSE: ALB) is a global specialty chemicals company with leading positions in lithium, bromine, and catalysts. We think beyond business as usual to power the potential of companies in many of the world's largest and most critical industries, such as energy, electronics, and transportation. We actively pursue a sustainable approach to managing our diverse global footprint of world-class resources. In conjunction with our highly experienced and talented global teams, our deep-seated values, and our collaborative customer relationships, we create value-added and performance-based solutions that enable a safer and more sustainable future.
We regularly post information to www.albemarle.com, including notification of events, news, financial performance, investor presentations and webcasts, non-GAAP reconciliations, SEC filings and other information regarding our company, its businesses and the markets it serves.
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SOURCE Albemarle Corporation
Media Contact: Kelli Hopp-Michlosky, +1 (980) 999-5143, Kelli.Hopp-Michlosky@albemarle.com; Investor Relations Contact: David Burke, +1 (980) 299-5533, David.Burke@albemarle.com