Albemarle Corp (NYSE:ALB)

61.78
Data as of Nov 21
 +0.23 / +0.37%
Today’s Change
51.35
Today|||52-Week Range
76.28
-2.54%
Year-to-Date
SECTOR
Process Industries
INDUSTRY
Chemicals: Specialty
MARKET CAP
$4.8B

Company Description

Albemarle Corp. develops, manufactures and markets chemicals for consumer electronics, petroleum refining, utilities, packaging, construction, transportation, pharmaceuticals, crop production, food-safety and custom chemistry services. The company operates through three segments: Polymer Solutions, Catalysts and Fine Chemistry. The Polymer Solutions segment consists of two product market categories: flame retardants; and stabilizers and curatives. The flame retardants category offers plastic enclosures for consumer electronics, printed circuit boards, wire and cable, electrical connectors, textiles, foam insulation, and foam seating in furniture and automobiles. The stabilizers and curatives category produces plastic and other additives, such as curatives, antioxidants and stabilizers, which are often specially developed and formulated for a customer's specific manufacturing requirements. Its additives products include curatives for polyurethane, polyurea, and epoxy system polymerization. This category also produces antioxidants and stabilizers to improve the performance integrity of thermoplastic resins. The Catalysts segment includes two categories: refinery catalysts and polyolefin catalysts. The refinery catalysts category offers hydro processing catalysts and fluidized catalytic cracking, catalysts and additives. The polyolefin catalysts category manufactures aluminum- and magnesium-alkyls, which are used as co-catalysts in the production of polyolefins, elastomers, alpha olefins and organotin heat stabilizers which are used in the preparation of organic intermediates. It also produces smetallocene/single-site catalysts, which aid in the development and production of new polymers that increase impact strength, clarity and melt characteristics of plastic films. The Fine Chemistry segment consists of two categories: performance chemicals; and fine chemistry services and intermediates. The performance chemicals category includes products such as elemental bromine, alkyl bromides, inorganic bromides, brominated powdered activated carbon and a number of bromine fine chemicals. The fine chemistry services and intermediates category offers custom manufacturing, research and chemical scale-up services for companies. Albemarle was founded in 1993 and is headquartered in Baton Rouge, LA.

Contact Information

Albemarle Corp.
451 Florida Street
Baton Rouge Louisiana 70801
P:(225) 388-8011
Investor Relations:
(225) 388-7322

Employees

Shareholders

Mutual fund holders47.16%
Other institutional45.88%
Individual stakeholders12.21%

Top Executives

Luke C. KissamPresident, Chief Executive Officer & Director
Scott A. TozierSenior VP, Chief Financial & Accounting Officer
Matthew K. JuneauSenior VP & President-Performance Chemicals
Karen G. NarwoldSecretary, Senior Vice President & General Counsel
D. Michael WilsonSVP & President-Catalyst Solutions Global Business

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