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Albemarle continues double digit growth in first quarter on strong lithium results
CHARLOTTE, N.C. , May 9, 2018 /PRNewswire/ -- First quarter 2018 highlights: First quarter net sales were $821.6 million , an increase of 14% over the prior year; earnings were $131.8 million , or $1.18 per diluted share, an increase of 162% over the prior year First quarter adjusted EBITDA was $248.7 million, an increase of 18% over the prior year; adjusted diluted earnings per share of $1.30, an increase of 24% over the prior year.
Read MoreAlbemarle Corporation Announces Quarterly Dividend | 2018
CHARLOTTE, N.C. , May 8, 2018 /PRNewswire/ -- The board of directors of Albemarle Corporation (NYSE: ALB) announces that it has declared a quarterly dividend of $0.335 per share. The dividend, which has an annualized rate of $1.34 , is payable July 2, 2018 , to shareholders of record at the close of business as of June 15, 2018.
Albemarle Named to Corporate Responsibility Magazine's 100 Best Corporate Citizens List
CHARLOTTE, N.C. , May 7, 2018 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB), a leader in the global specialty chemicals industry, announced today that the company has been named to Corporate Responsibility Magazine's ( CR Magazine ) 19 th annual 100 Best Corporate Citizens List.
Read MoreAlbemarle and DuPont Announce Collaboration in Hydroprocessing
CHARLOTTE, N.C. , April 24, 2018 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB), a leader in the global specialty chemicals industry, announced today that it is the primary hydroprocessing catalyst manufacturer for the DuPont™ IsoTherming® hydroprocessing technology, making clean fuels production more cost-efficient for refiners.
Read MoreAlbemarle Corporation to Present at Goldman Sachs Basic Materials Conference in New York City on Tuesday, May 15, 2018
CHARLOTTE, N.C. , April 23, 2018 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB), a leader in the global specialty chemicals industry, announced today that Scott Tozier, Albemarle Executive Vice President and Chief Financial Officer, and Eric Norris, Chief Strategy Officer, will participate in a Fireside Chat at the Goldman Sachs Basic Materials Conference in New York City on Tuesday, May 15, 2018.
Read MoreAlbemarle Corporation to Present at Goldman Sachs Basic Materials Conference
Albemarle Declares Force Majeure Due to Shortage of Key Raw Materials in Urethane Supply Chain
CHARLOTTE, N.C. , April 19, 2018 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB), a leader in the global specialty chemicals industry, announced today that it has declared force majeure due to the shortage of key raw materials in the production of diethyl toluene diamine (DETDA) curative products.
Read MoreAlbemarle Corporation to present at Barclays Electronic Chemicals Conference
CHARLOTTE, N.C. , April 18, 2018 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB), a leader in the global specialty chemicals industry, announced today that Scott Tozier , Albemarle Executive Vice President and Chief Financial Officer, will present at the Barclays Electronic Chemicals Conference in New York City on Monday, May 14, 2018.
Read MoreAlbemarle Corporation Announces Appointment of Dr. Glen Merfeld, Chief Technology Officer for Lithium Business
CHARLOTTE, N.C., April 16, 2018 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB), a leader in the global specialty chemicals industry, announced today that it has named Dr. Glen Merfeld as Albemarle's Chief Technology Officer for its Lithium business, effective immediately.
Read MoreAlbemarle Corporation to release first quarter 2018 earnings results on May 9, 2018
Conference call to be held on May 10, 2018 at 9:00 a.m. ET CHARLOTTE, N.C., April 9, 2018 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB), a leader in the global specialty chemicals industry, announced today that it will release its first-quarter 2018 earnings after the NYSE closes on Wednesday, May 9, 2018.
Read MoreAlbemarle 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.
Read MoreAlbemarle 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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