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) is described as a global leader in transforming essential resources into critical ingredients for mobility, energy, connectivity and health. News about Albemarle often highlights its activities in lithium and bromine, portfolio developments, organizational changes and financial performance, giving investors and observers insight into how the company manages its role in critical minerals and specialty chemicals.
On this page, readers can follow Albemarle’s earnings announcements, including quarterly results where the company discusses net sales, segment performance in areas such as Energy Storage, Specialties and Ketjen, cost and productivity initiatives, and outlook considerations based on observed lithium market price scenarios. Earnings-related news typically includes details on conference calls and webcasts that accompany these disclosures.
Company news also covers strategic portfolio actions, such as Albemarle’s agreement to sell a controlling stake in Ketjen’s refining catalyst solutions business to an affiliate of KPS Capital Partners and the planned sale of its 50% stake in the Eurecat joint venture to Axens SA. These items shed light on how Albemarle is focusing on its core businesses, improving financial flexibility and streamlining operations while retaining certain interests in catalyst-related activities.
Additional updates may describe organizational structure changes, leadership transitions, dividend declarations and Albemarle’s participation in critical mineral supply chains, including offtake and prepayment arrangements connected to lithium and cesium. By reviewing the news feed, users can track how Albemarle communicates its strategy, manages its portfolio and responds to market conditions over time.
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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.
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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.
Albemarle Corporation (NYSE: ALB) reported Q2 2020 net income of $86 million ($0.80 per diluted share), down 44.5% year-over-year, with adjusted EBITDA declining 29% to $185 million on net sales of $764 million (-14%). The company's lithium and catalysts segments faced significant price drops, leading to lower overall sales. Despite this, Albemarle maintained a quarterly dividend of $0.385, showing a commitment to shareholder returns. Looking ahead, Q3 2020 is expected to see further declines in performance due to ongoing pandemic-related challenges.
Albemarle Corporation (NYSE: ALB) has declared a quarterly dividend of $0.385 per share, translating to an annualized rate of $1.54. This dividend is payable on October 1, 2020, for shareholders on record as of September 18, 2020. The company, based in Charlotte, N.C., is a leader in specialty chemicals, particularly in lithium, bromine, and refining catalysts, emphasizing a sustainable business approach. Albemarle aims to provide innovative solutions across critical industries like energy, electronics, and transportation.
Albemarle Corporation (NYSE: ALB) will release its second-quarter 2020 earnings on Wednesday, Aug. 5, 2020, after market close. A conference call to discuss the results is scheduled for Thursday, Aug. 6, at 9:00 a.m. ET. It will be accessible via Albemarle's website and telephone. Due to COVID-19, participants are encouraged to use the webcast to avoid wait times. The company specializes in lithium, bromine, and refining catalysts and aims to deliver sustainable solutions across various critical industries.
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