134.71001 USD
3.64
2.78%
Last update Dec 17, 3:59 PM EST
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Day range
134.42999
138.69000
Previous close
131.070007
Open
135.20000
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Albemarle Corporation
134.71
3.64
2.78%

Overview

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Description

Albemarle Corporation is a global leader in the chemical manufacturing industry, specializing in the production of lithium, bromine, and catalysts. As a significant player in the lithium market, Albemarle is integral to the rapidly growing electric vehicle (EV) sector, owing to lithium's essential role in battery production. The company's operations extend across diverse applications, from energy storage solutions to petroleum refining and the pharmaceuticals industry. By providing advanced materials and solutions, Albemarle plays a crucial role in enabling cleaner energy technologies and sustainable industrial practices. Headquartered in Charlotte, North Carolina, Albemarle operates on a global scale, with production facilities and research centers strategically located around the world. The company's commitment to innovation and sustainability ensures its continuous impact on emerging technologies, making it a crucial stakeholder in the transition towards more sustainable energy and advanced industrial processes. Albemarle's market significance is underscored by its strategic partnerships and global supply chains that support some of the most dynamic and essential sectors in today's economy.

About

CEO
Mr. Jerry Kent Masters Jr.
Employees
8300
Address
4250 Congress Street
Suite 900
Charlotte, 28209, NC
United States
Phone
980 299 5700
Website
Instrument type
Common stock
Sector
Basic Materials
Industry
Specialty Chemicals
Country
United States
MIC code
XNYS
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