Albemarle Corp (ALB)
18 Aug 2017
* Albemarle growth story continues with strong second quarter performance
LONDON Producers of processed lithium - an essential element for batteries used in electric cars - are agreeing long-term contracts with their customers to fund the investments needed to address a looming shortfall.
* Laurie Brlas elected to Albemarle Corporation board of directors
A federal appeals court on Tuesday said Bayer CropScience LP may pursue part of its lawsuit accusing Albemarle Corp of breach-of-contract and bad faith by imposing steep price increases on methyl bromide as the companies were preparing to sever their 16-year sales agreement.
* Albemarle reports 10% growth in first quarter 2017 net sales
* CEO Luther Kissam's FY 2016 total compensation $8.4 million versus $5.3 million in FY 2015 - sec filing Source text : http://bit.ly/2nvMLLB Further company coverage:
* Talison, a JV between co and tianqi lithium, has approved expansion of lithium concentrate production at greenbushes, Australia spodumene mine
SANTIAGO, Feb 27 A lithium plant at Albemarle's operations in northern Chile was operating partially on Monday after the firm evacuated workers due to heavy weekend rains, the company told Reuters.
* Declared a quarterly dividend of $0.32 per share, an increase of 5 pct over previous quarterly dividend of $0.305 Source text for Eikon: Further company coverage:
* Albemarle and Tianqi terminate option for indirect minority interest in Albemarle subsidiary
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