ALB - Albemarle Corp

Company Overview

Name

Albemarle Corp

Tickers

ALB, ALB-PA

Exchanges

NYSE

Employees

9000

Founded

1993

Sector Information

Other Information

CIK

915913

Category

Large accelerated filer

1-Line Summary

Albemarle Corporation transforms essential resources into critical ingredients for multiple industries, focusing on lithium and specialty chemicals.

Company summary

Albemarle Corporation is a global leader in transforming essential resources into critical ingredients for various industries, including mobility, energy, connectivity, and health. Founded in Virginia in 1993, the company operates through three main segments: Energy Storage, Specialties, and Ketjen. Each segment focuses on delivering innovative products and solutions such as lithium compounds for batteries, bromine-based specialty chemicals, and catalysts for clean fuels, integrating research and development with customer-centric services to drive efficiency and sustainability in their operations.

The company maintains an extensive worldwide presence with more than 25 production and R&D facilities, servicing roughly 1,900 customers across 70 countries. Albemarle's strong commitment to quality, innovative process chemistry, and environmental responsibility positions it well to respond to the rapidly growing demand for lithium and specialty chemicals, particularly in new energy technologies and sustainable practices. This proactive approach is vital for sustaining its leadership within highly competitive markets, characterized by continuous innovation and a focus on operational excellence.

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