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Albemarle Corp (ALB.N)

ALB.N on New York Stock Exchange

97.75USD
20 Apr 2018
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Latest Key Developments (Source: Significant Developments)

Albemarle Corp Says CEO Luther Kissam's FY 2017 Total Compensation Was $8.5 Mln
Wednesday, 28 Mar 2018 04:28pm EDT 

March 28 (Reuters) - Albemarle Corp ::ALBEMARLE CORP SAYS CEO LUTHER KISSAM'S FY 2017 TOTAL COMPENSATION WAS $8.5 MILLION VERSUS $8.4 MILLION IN FY 2016 - SEC FILING.  Full Article

Albemarle Receives Increase In Lithium Quota For Chile Operations
Friday, 9 Mar 2018 04:05pm EST 

March 9 (Reuters) - Albemarle Corp ::ALBEMARLE CORPORATION RECEIVES INCREASE IN LITHIUM QUOTA FOR CHILE OPERATIONS.ALBEMARLE - CHILE'S ECONOMIC DEVELOPMENT AGENCY QUOTA APPROVED INCREASE IN CO'S CHILE LITHIUM PRODUCTION TO UP TO 145,000 METRIC TONS OF LCE THROUGH 2043.  Full Article

Albemarle ‍Declares Quarterly Dividend Of $0.335 Per Share​
Friday, 23 Feb 2018 06:45am EST 

Feb 23 (Reuters) - Albemarle Corp ::ALBEMARLE CORPORATION RAISES DIVIDEND FOR 24TH CONSECUTIVE YEAR.ALBEMARLE CORP - ‍DECLARED A QUARTERLY DIVIDEND OF $0.335 PER SHARE, AN INCREASE OF NEARLY 5% OVER PREVIOUS QUARTERLY DIVIDEND OF $0.32​.  Full Article

Jennison Associates LLC Reports A 7.1 Pct Passive Stake In Albemarle Corp As Of Dec 31, 2017
Monday, 5 Feb 2018 11:28am EST 

Feb 5 (Reuters) - Albemarle Corp ::JENNISON ASSOCIATES LLC REPORTS A 7.1 PERCENT PASSIVE STAKE IN ALBEMARLE CORP AS OF DEC 31, 2017 - SEC FILING.  Full Article

Albemarle Enters Into Agreement To Sell Portion Of Performance Catalysts Solutions To W. R. Grace & Co.
Thursday, 14 Dec 2017 05:00pm EST 

Dec 14 (Reuters) - W. R. Grace & Co ::ALBEMARLE ENTERS INTO DEFINITIVE AGREEMENT TO SELL PORTION OF PERFORMANCE CATALYSTS SOLUTIONS TO W. R. GRACE & CO..ALBEMARLE - W.R. GRACE TO ASSUME LEASE & OPERATIONS AT PRODUCT DEVELOPMENT CENTER IN BATON ROUGE, OPERATIONS AT YEOSU, SOUTH KOREA SITE.ALBEMARLE - ORGANOMETALLICS AND CURATIVES PORTIONS OF PERFORMANCE CATALYSTS SOLUTIONS BUSINESS WILL REMAIN WITH CO.  Full Article

Grace To Acquire Polyolefin Catalysts Business
Thursday, 14 Dec 2017 05:00pm EST 

Dec 14 (Reuters) - W. R. Grace & Co ::GRACE TO ACQUIRE POLYOLEFIN CATALYSTS BUSINESS.W. R. GRACE & CO - DEAL FOR $416 MILLION.W. R. GRACE & CO - EXPECTS TO FINANCE TRANSACTION WITH A COMBINATION OF DEBT AND CASH.W. R. GRACE - SIGNED AGREEMENT TO BUY POLYOLEFIN CATALYSTS BUSINESS OF ALBEMARLE.  Full Article

Albemarle posts Q3 earnings per share $1.06
Wednesday, 8 Nov 2017 05:05pm EST 

Nov 8 (Reuters) - Albemarle Corp :Albemarle continues double digit growth in third quarter.Q3 adjusted earnings per share $1.08 from continuing operations.Q3 earnings per share $1.06.Q3 sales $754.9 million versus i/b/e/s view $732 million.Q3 earnings per share view $1.07 -- Thomson Reuters I/B/E/S.Lithium and advanced materials reported net sales of $343.6 million in q3 of 2017, an increase of 42.9% from q3 2016​.Bromine specialties reported net sales of $212.9 million in Q3 of 2017, an increase of 9.5% from q3 2016​.Sees 2017 net sales in range of $3.00 billion to $3.05 bln‍​.Refining solutions reported net sales of $170.3 million in q3 of 2017, a decrease of 10.6% from net sales of $190.5 million in q3 of 2016​.Sees 2017 adjusted eps (per diluted share) in range of $4.40 to $4.50‍​.In quarter, ‍hurricane harvey reduced adjusted ebitda by $11 million and adjusted diluted earnings per share by $0.07​.FY 2017 earnings per share view $4.38, revenue view $2.95 billion -- Thomson Reuters I/B/E/S.  Full Article

Albemarle Q2 earnings per share $0.92
Monday, 7 Aug 2017 05:05pm EDT 

Aug 7 (Reuters) - Albemarle Corp ::Albemarle growth story continues with strong second quarter performance.Q2 adjusted earnings per share $1.13 from continuing operations.Q2 earnings per share $0.92.Q2 sales $737.3 million versus I/B/E/S view $736.4 million.Q2 earnings per share view $1.11 -- Thomson Reuters I/B/E/S.Albemarle Corp - ‍we confirm our guidance of $2.90 to $3.05 billion in net sales for 2017​.Albemarle Corp - sees 2017 ‍adjusted EBITDA of $835 to $875 million, and 2017 adjusted EPS per diluted share of $4.20 to $4.40​.  Full Article

Albemarle reports Q1 sales $722.1 million
Wednesday, 3 May 2017 05:05pm EDT 

May 3 (Reuters) - Albemarle Corp :Albemarle reports 10% growth in first quarter 2017 net sales.Q1 adjusted earnings per share $1.05 from continuing operations.Q1 earnings per share $0.45.Q1 sales $722.1 million versus I/B/E/S view $682.6 million.Q1 earnings per share view $0.97 -- Thomson Reuters I/B/E/S.Albemarle Corp - Initiated $250 million accelerated share repurchase program, retiring approximately 1.9 million shares in Q1.Sees 2017 net sales $2.9 billion - $3.05 billion.Albemarle Corp - 2017 adjusted EPS outlook $4.20 - $4.40.FY2017 earnings per share view $4.18, revenue view $2.86 billion -- Thomson Reuters I/B/E/S.Albemarle - Lithium and advanced materials reported net sales of $284.4 million in Q1 of 2017, an increase of 31.5% from Q1 2016 net sales of $216.2 million.Albemarle Corp - Raising annual guidance.Bromine Specialties reported net sales of $219.2 million in Q1 of 2017, an increase of 11.5% from Q1 2016 net sales of $196.6 million.Albemarle Corp - Refining solutions reported net sales of $185.4 million in Q1 of 2017, an increase of 8.7% from net sales of $170.6 million in Q1 of 2016.  Full Article

Albemarle positioned to double lithium concentrate production at Greenbushes facility
Thursday, 16 Mar 2017 05:30am EDT 

Albemarle Corp - : Talison, a JV between co and tianqi lithium, has approved expansion of lithium concentrate production at greenbushes, Australia spodumene mine . Expansion is intended to more than double lce capacity at greenbushes from 80,000 mt/year to more than 160,000 mt/year .Commissioning of expansion is expected to begin in Q2 of 2019.  Full Article

BRIEF-Albemarle Declares Force Majeure On Shortage Of Key Raw Materials In Urethane Supply Chain

* ALBEMARLE DECLARES FORCE MAJEURE DUE TO SHORTAGE OF KEY RAW MATERIALS IN URETHANE SUPPLY CHAIN