Albemarle Corp.
Company Snapshot
Company Overview
Albemarle Corp. is a developer and manufacturer of specialty chemicals with leading positions in lithium, bromine, and refining catalysts. The company’s products are essential in the areas of renewable energy storage, electronics, automotive and pharmaceutical mass production, and oil refining. It operates through three segments: Energy Storage, Specialties and Ketjen. The Specialties segment provides bromine-based specialty chemicals, including elemental bromine, alkyl and inorganic bromides, brominated powdered activated carbon, etc. The business serves markets in the Americas, Asia, Europe and the Middle East, each of which is highly competitive. Albemarle is committed to sustainable, innovative research and development, supporting a clean energy future with the rising global demand for advanced materials. The strategic direction of the company, supported by high-growth markets combined with operational superiority, is the global entity within the new trend for greener technologies adapting sustainable activities.
Financial Highlights (FY 2024)
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Company's Business Segments
- Energy Storage : Energy Storage business pioneers better Lithium use through reliable Supply, Consistent quality. We Develop, Manufacture a broad range of basic Lithium compounds, including Lithium carbonate, Lithium hydroxide, Lithium chloride.
- Specialties : Our Specialties business optimizes our portfolio of Bromine, Highly specialized Lithium solutions. Our Specialty business serves a variety of industries, including Energy, Mobility, Connectivity, Health. Specialty products are essential in Internal combustion, Electric vehicles from High-voltage cables, Powertrains to Airbags, Tires.
- Ketjen : This segment includes Clean Fuels Technologies, which is primarily composed of Hydroprocessing catalysts together with Isomerization, Akylation catalysts, Fluidized catalytic cracking catalysts, Additives, Performance catalyst solutions, which are primarily composed of Organometallics, Curatives.
Applications/End User Industries
- Energy
- Mobility
- Health
- High-Voltage Cables
- Lithium Compounds
- Lithium Carbonate
- Lithium Chloride
- Connectivity
- Internal Combustion
- Electric Vehicles
- Powertrains
- Airbags
- Tires
- Clean Fuels Technology
- Hydroprocessing
- Isomerization
- Akylation Catalysts
- Fluidized Catalytic
- Organometallics
- Lithium Hydroxide