Market Capitalization (Millions $) |
11,661 |
Shares
Outstanding (Millions) |
118 |
Employees |
7,400 |
Revenues (TTM) (Millions $) |
7,458 |
Net Income (TTM) (Millions $) |
-443 |
Cash Flow (TTM) (Millions $) |
230 |
Capital Exp. (TTM) (Millions $) |
2,257 |
Albemarle Corporation
Albemarle Corporation is a prominent global developer, manufacturer, and marketer of highly-engineered specialty chemicals that cater to a diverse array of end markets. The company is recognized for its extensive expertise in specialty chemicals, leveraging its advanced capabilities to meet the needs of various industries. Key sectors served by Albemarle include:
- Petroleum Refining: Offering solutions that enhance the efficiency and effectiveness of refining processes. - Consumer Electronics: Providing materials that improve product performance and durability. - Energy Storage: Focusing significantly on lithium compounds that are vital for batteries in consumer electronics and electric vehicles. - Construction: Supplying chemical solutions that enhance construction materials. - Automotive: Delivering specialty materials used in vehicle manufacturing and performance enhancement. - Lubricants: Developing advanced materials for lubricating products that improve efficiency and longevity. - Pharmaceuticals: Supplying key ingredients and intermediates that are integral to drug manufacturing. - Crop Protection: Offering chemicals that protect crops and enhance agricultural productivity. - Food Safety: Providing products that help ensure food safety and quality. - Custom Chemistry Services: Collaborating with customers to develop tailored chemical solutions.
Albemarle operates through several key business segments:
1. Lithium and Advanced Materials: This segment focuses on the development and manufacturing of a comprehensive range of lithium compounds including lithium carbonate, lithium hydroxide, lithium chloride, and various lithium specialties such as butyllithium and lithium aluminum hydride. These materials are crucial for applications in lithium batteries for both consumer electronics and electric vehicles, high-performance greases, and catalysts for chemical reactions. The lithium segment also extends to other critical applications in the life sciences and pharmaceutical industries.
2. Bromine Specialties: This segment develops a wide range of bromine-based products used in various applications, including flame retardants, biocides, and other specialty applications. The companys expertise in bromine chemistry allows for diverse applications across several industries.
3. Refining Solutions: Albemarle provides a portfolio of solutions aimed at improving operational efficiency and effectiveness in petroleum refining, further solidifying its presence in the energy sector.
Each segment of Albemarle is supported by dedicated teams specializing in sales, research and development, process engineering, manufacturing, and sourcing. This organizational structure allows for increased accountability and a focused approach to market responsiveness and strategic execution.
Albemarles strategic advantages include its global manufacturing flexibility, cost-effective production capabilities, and well-experienced management team, which collectively foster innovation and technical expertise. This approach positions the company favorably within the specialty chemicals industry, allowing it to maintain a leading market position across its diverse segments.
Company Address: 4250 Congress Street, Suite 900 Charlotte 28209 NC
Company Phone Number: 299-5700 Stock Exchange / Ticker: NYSE ALB
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