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.

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Headquarters United States of America

Address 4250 Congress Street, Suite 900, Charlotte, North Carolina, 28209


Telephone 1 980 2995700

No of Employees 7,400

Industry Chemicals

Ticker Symbol & Exchange ALB (NYSE)

Revenue (2022) $7.3B 120% (2022 vs 2021)

EPS XYZ

Net Income (2022) XYZ 2075% (2022 vs 2021)

Market Cap* $13.9B

Net Profit Margin (2022) XYZ 887.9% (2022 vs 2021)

* As of and is in US$
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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
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2023 Others In October, the company terminated the acquisition of Liontown Resources.
2023 Contracts/Agreements In September, the company and Caterpillar entered into a partnership to develop Albemarle's lithium mine site in Kings Mountain.
2023 Plans/Strategy In September, the company announced its plans to acquire Liontown Resources Limited.
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Competitor Comparison

Key Parameters Albemarle Corp Sociedad Quimica y Minera de Chile SA ICL Group Ltd Ganfeng Lithium Group Co Ltd W. R. Grace & Co
Headquarters United States of America Chile Israel China United States of America
City Charlotte Santiago Tel Aviv-Yafo Xinyu Columbia
State/Province North Carolina - - Jiangxi Maryland
No. of Employees 7,400 7,420 13,619 10,201 4,500
Entity Type Public Public Public Public Private
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Executives
Name Position Board Since Age
J. Kent Masters Chairman; President; Chief Executive Officer Executive Board 2020 61
Neal Sheorey Executive Vice President; Chief Financial Officer Senior Management 2023 -
John C. Barichivich III Vice President; Chief Accounting Officer; Controller Senior Management 2019 55
Maria Brennan Chief Supply Chain Officer Senior Management 2022 -
Jac Fourie Chief Capital Projects Officer Senior Management 2021 -
Non Dignissim Eros Proin vel Convallis 2023 XY
Non Dignissim Eros Proin vel Convallis 2023 XY
Non Dignissim Eros Proin vel Convallis 2023 XY
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