Albemarle Corporation (ALB)
NYSE: ALB · Real-Time Price · USD
81.20
-1.31 (-1.59%)
Feb 21, 2025, 4:00 PM EST - Market closed

Company Description

Albemarle Corporation provides energy storage solutions worldwide.

It operates through three segments: Energy Storage, Specialties, and Ketjen. The Energy Storage segment offers lithium compounds, including lithium carbonate, lithium hydroxide, and lithium chloride for use in lithium batteries used in consumer electronics and electric vehicles, power grids and solar panels, high performance greases, specialty glass used in consumer appliances and electronics, organic synthesis processes in the areas of steroid chemistry and vitamins, and various life science applications, as well as intermediates in the pharmaceutical industry; technical services, including handling and use of reactive lithium products; and recycling services for lithium-containing by-products.

The Specialties segment provides bromine and highly specialized lithium solutions for various industries, such as energy, mobility, connectivity, and health comprising fire safety compounds; bromine-based specialty chemicals products, including elemental bromine, alkyl bromides, inorganic bromides, brominated powdered activated carbon, and various bromine fine chemicals; lithium specialties, such as butyllithium and lithium aluminum hydride; cesium products for the chemical and pharmaceutical industries; and zirconium, barium, and titanium products for pyrotechnical applications that include airbag initiators.

The Ketjen segment offers clean fuels technologies, including hydroprocessing catalysts together with isomerization and akylation catalysts; fluidized catalytic cracking catalysts and additives; and performance catalyst solutions comprising organometallics and curatives.

It serves grid storage, automotive, aerospace, conventional energy, electronics, construction, agriculture and food, pharmaceuticals and medical device industries.

Albemarle Corporation was founded in 1887 and is headquartered in Charlotte, North Carolina.

Albemarle Corporation
Albemarle logo
Country United States
Founded 1994
IPO Date Feb 17, 1994
Industry Specialty Chemicals
Sector Materials
Employees 8,300
CEO Jerry Masters

Contact Details

Address:
4250 Congress Street, Suite 900
Charlotte, North Carolina 28209
United States
Phone 980 299 5700
Website albemarle.com

Stock Details

Ticker Symbol ALB
Exchange NYSE
Stock Type Common Stock
Fiscal Year January - December
Reporting Currency USD
CIK Code 0000915913
CUSIP Number 012653101
ISIN Number US0126531013
Employer ID 54-1692118
SIC Code 2821

Key Executives

Name Position
Jerry Kent Masters Jr. Chairman, President and Chief Executive Officer
Neal R. Sheorey Executive Vice President and Chief Financial Officer
Netha N. Johnson Jr. Executive Vice President and Chief Operating Officer
Eric W. Norris Executive Vice President and Chief Commercial Officer
Donald J. LaBauve Jr. Chief Accounting Officer, Vice President, Corporate Controller and Chief Financial Officer of Lithium Global Business Unit
Stacy Grant Senior Vice President, General Counsel, Chief Compliance Officer and Corporate Secretary
Cynthia Renee Lima Senior Vice President and Chief External Affairs and Communications Officer
Melissa H. Anderson Executive Vice President and Chief People and Transformation Officer
Brian Tessin Chief Tax Counsel and Vice President of Tax
Dr. Glen Merfeld Chief Technology Officer of Lithium Business

Latest SEC Filings

Date Type Title
Feb 13, 2025 SCHEDULE 13G Filing
Feb 12, 2025 10-K Annual Report
Feb 12, 2025 8-K Current Report
Feb 12, 2025 8-K Current Report
Dec 5, 2024 SC 13G/A [Amend] Statement of acquisition of beneficial ownership by individuals
Dec 5, 2024 144 Filing
Nov 20, 2024 144 Filing
Nov 13, 2024 SC 13G Statement of acquisition of beneficial ownership by individuals
Nov 13, 2024 SC 13G/A [Amend] Statement of acquisition of beneficial ownership by individuals
Nov 12, 2024 SC 13G/A [Amend] Statement of acquisition of beneficial ownership by individuals