Albemarle Corp - Company Profile
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Albemarle Corp (Albemarle) is a specialty chemical manufacturer. It carries out the development, manufacturing and marketing of highly-engineered value added products including catalysts, bromine and derivatives and lithium compounds. Its products find application in a wide range of end markets including petroleum refining, energy storage, construction, consumer electronics, automotive, pharmaceuticals, crop protection and custom chemistry services. The company operates internationally through its research and development facilities, production facilities, and sales and administrative offices in North and South America, Europe, the Middle East and Asia. Albemarle is headquartered in Charlotte, North Carolina, the US.
Products and Services
Products | Services | Brands |
---|---|---|
Lithium: | Fine Chemistry | AlkyStar |
Lithium carbonate | Custom Manufacturing | |
Lithium hydroxide | Research and Chemical Scale-up Services | |
XYZ | ||
XYZ | ||
XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
Year | Event | Description |
---|---|---|
2024 | Contracts/Agreements | In February, the company partnered with the BMW Group to supply battery-grade lithium, supporting the automaker in developing high-performance, premium electric vehicles. |
2023 | Contracts/Agreements | In December, the company was awarded a manufacturing contract from the Naval Air Warfare Center Weapons Division to finish its first production run of biojet fuel using biobased n-butanol from Cobalt Technologies. |
2023 | Others | In October, the company terminated the acquisition of Liontown Resources. |
Competitor Comparison
Key Parameters | Albemarle Corp | ICL Group Ltd | Sociedad Quimica y Minera de Chile SA | Ganfeng Lithium Group Co Ltd | W. R. Grace & Co |
---|---|---|---|---|---|
Headquarters | United States of America | Israel | Chile | China | United States of America |
City | Charlotte | Tel Aviv-Yafo | Santiago | Xinyu | Columbia |
State/Province | North Carolina | - | - | Jiangxi | Maryland |
No. of Employees | 9,000 | 13,350 | 7,682 | 14,481 | 4,500 |
Entity Type | Public | Public | Public | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
J. Kent Masters | Chairman; President; Chief Executive Officer | Executive Board | 2020 | 61 |
Neal Sheorey | Chief Financial Officer; Executive Vice President | Senior Management | 2023 | - |
John C. Barichivich III | Chief Accounting Officer; Controller; Vice President | Senior Management | 2019 | 55 |
Melissa Anderson | Chief Human Resources Officer, Senior Vice President | Senior Management | 2021 | 58 |
Sean O'Hollaren | Chief External Affairs Officer | Senior Management | 2022 | - |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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