Welcome to our dedicated page for Albemarle news (Ticker: ALB), a resource for investors and traders seeking the latest updates and insights on Albemarle stock.
Albemarle Corporation (NYSE: ALB) serves as a global leader in specialty chemicals and lithium production, driving innovation in energy storage and advanced manufacturing. This dedicated news hub provides investors and industry professionals with timely updates on corporate developments, financial performance, and strategic initiatives shaping the future of critical resource management.
Access authoritative reporting on ALB's integrated operations, bromine applications, and catalyst technologies. Our curated collection features official press releases, operational milestones, and market analyses—essential resources for understanding the company's role in electric vehicle supply chains and sustainable chemical solutions.
Key content categories include quarterly earnings disclosures, lithium production updates, strategic partnerships, and technological advancements. All materials maintain factual accuracy while avoiding speculative commentary, ensuring reliable information for financial decision-making.
Bookmark this page for continuous access to Albemarle's evolving business narrative. Check regularly for updates on regulatory developments, capacity expansions, and innovations in battery-grade lithium production that impact global energy transition efforts.
Albemarle Corporation (NYSE: ALB) reported its Q3 2020 results, highlighting a net income of $98 million and adjusted diluted EPS of $1.09. Net sales decreased by 15% year-over-year to $746.9 million, primarily due to lower sales in the Catalysts and Lithium segments. Adjusted EBITDA also fell by 15% to $216 million. The company anticipates a full-year performance decline driven by the pandemic. However, it aims for sustainable cost savings of approximately $80 million in 2020 and plans to maintain a quarterly dividend of $0.385 per share.
Albemarle Corporation (NYSE: ALB), a leader in specialty chemicals, announces its participation in the Baird Global Industrial Conference on November 10, 2020, at 8:30 a.m. ET. President of Catalysts, Raphael Crawford, will speak at the event, joined by Vice Presidents Meredith Bandy and Sharon McGee for one-on-one meetings. Interested parties can access the webcast and presentation materials via Albemarle's website, with replay available for 90 days. Albemarle specializes in lithium, bromine, and refining catalysts, focusing on sustainable solutions.
The Board of Directors of Albemarle Corporation (NYSE: ALB) has declared a quarterly dividend of $0.385 per share, amounting to an annualized rate of $1.54. The dividend is payable on Jan. 4, 2021, to shareholders recorded by the close of business on Dec. 11, 2020. This action reflects the company's commitment to returning value to its shareholders amidst its operations in the specialty chemicals sector, particularly in lithium and bromine.
Albemarle Corporation (NYSE: ALB) will participate in virtual fireside chats with Robert W. Baird & Co. and Jefferies & Company on October 7 and October 8, 2020. Key executives, including CEO Kent Masters and CFO Scott Tozier, will discuss sustainability strategies during the October 7 session, while Eric Norris and Dr. Glen Merfeld will cover the lithium market on October 8. Webcasts will be accessible on Albemarle's investor relations page starting at 1 p.m. ET on October 7 and 11 a.m. ET on October 8, with replays available for 90 days.
Albemarle Corporation (NYSE: ALB), a leader in specialty chemicals, announced a virtual fireside chat with UBS on September 24, 2020, at 7:00 PM EDT. Key participants include Eric Norris, Meredith Bandy, and Sharon McGee from Albemarle, along with UBS representatives Glyn Lawcock and John Roberts. This audio-only event requires registration, which can be completed through a link provided in the press release. Albemarle is committed to sustainable practices in industries such as energy and transportation, leveraging its expertise in lithium and bromine.
Albemarle Corporation (NYSE: ALB) will release its third quarter 2020 earnings on November 4, 2020, after the NYSE closes. A conference call to discuss the results is scheduled for November 5, 2020, at 9:00 a.m. ET. Investors can access the call via the company's website or by phone. Due to increased demand for conference calls amid the COVID-19 pandemic, participants are encouraged to use the webcast link to avoid wait times. An online replay of the call will be available for 12 months on their website.
Albemarle Corporation (NYSE: ALB) has been chosen by the U.S. Department of Energy (DOE) for two significant lithium research projects over the next three years, focusing on enhancing lithium production and battery performance. The first project, with Argonne National Laboratory, aims for U.S. lithium independence by streamlining lithium production processes. The second project, in collaboration with Pacific Northwest National Laboratory, targets the commercialization of high-energy cathodes for electric vehicles. These initiatives underline Albemarle's commitment to advancing lithium technology and improving battery life.
Albemarle Corporation (NYSE: ALB), a leader in specialty chemicals, will attend the RBC Capital Markets Global Industrials virtual conference on Sept. 15, 2020. Bromine President Netha Johnson will present a fireside chat at 3:40 p.m. ET, with a webcast available on the Albemarle website. Other executives, including Meredith Bandy and Sharon McGee, will participate in one-on-one discussions. Albemarle specializes in lithium, bromine, and refining catalysts, focusing on sustainability across various industries.
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