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Albemarle Corporation Company Profile

NYSE: ALBIndustrialsMajor ChemicalsUSD

102.10-0.65 (-0.63%)

At close: Oct 8, 4:00 PM ET · Delayed 15 min

Pre-market: 102.30 +0.20%

Albemarle at a glance

Albemarle Corporation (NYSE: ALB) is a Major Chemicals company in the Industrials sector headquartered in Charlotte, NC. Albemarle is led by Mr. Jerry Kent Masters Jr. and employs about 7,800 people. At a market capitalization of $12.13 billion, it is considered a large-cap company.

ALB is a member of the SP500. Its SEC Central Index Key (CIK) is 0000915913, which identifies the company's filings on EDGAR.

Summary generated from market data by MetaCap's automated system. Methodology

What does Albemarle do?

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; and specialty glass used in consumer appliances and electronics. 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 chemical 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, including airbag initiators. This segment also provides organic synthesis processes in the areas of steroid chemistry and vitamins, and various life science applications, as well as intermediates for the pharmaceutical industry; technical services, including handling and use of reactive lithium products; and recycling services for lithium-containing by-products. The Ketjen segment offers clean fuels technologies, including hydroprocessing catalysts together with isomerization and alkylation catalysts; fluidized catalytic cracking catalysts and additives; and performance catalyst solutions comprising organometallics and curatives. It serves the 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.

Business description based on the company's public filings.

Company information

Legal name
Albemarle Corporation
Ticker
NYSE: ALB
Industry
Major Chemicals
CEO
Mr. Jerry Kent Masters Jr.
Employees
7,800
Headquarters
4250 Congress Street, Charlotte, NC, United States
Phone
980 299 5700
Market cap
$12.13B
SEC CIK
0000915913

Index membership

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WLKWestlake Corporation62.31+1.28%$7.96Bvs ALB
EMNEastman Chemical Company63.76+0.81%$7.29Bvs ALB
HXLHexcel Corporation85.13+1.47%$6.44Bvs ALB
DDDuPont de Nemours Inc.132.48+1.07%$17.89Bvs ALB
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