Albemarle
ALB · NYSE
Bulios Fair Price
$113.07
0.4% downside
Current Price
$113.52
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About the company
Albemarle Corporation is an American chemical company specializing in the manufacturing and distribution of chemical products and technologies. The company is one of the world's leading producers of specialized chemicals with a wide range of applications in industrial sectors. Albemarle focuses on producing lithium, bromine, catalysts, and other specialized chemical products. Lithium products are a key component for the production of lithium-ion batteries, which are widely used in electronic devices and electric vehicles. Bromine is used in the chemical industry, particularly in the production of flame retardants and pharmaceuticals. Albemarle has a global presence and collaborates with various industrial sectors worldwide. The company follows the growing demand for lithium, particularly in connection with the development of electromobility and energy storage systems. Albemarle Corporation (ALB) shares are an interesting choice for investors who follow the chemical sector and seek investment opportunities in a global company operating in the field of specialized chemicals.
Sector
Basic Materials
Industry
Chemicals - Specialty
CEO
Jerry Kent Jr.
Employees
7,800
Headquarters
Charlotte
Upcoming events
Earnings
Upcoming earnings report