News

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.

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. 

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.

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%.

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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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.

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...

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.

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.