Albemarle (NYSE:ALB) (NYSE: ALB) is a global specialty chemicals company headquartered in Charlotte, North Carolina. The company develops, manufactures, and markets engineered chemicals used in energy storage, transportation, refining, pharmaceuticals, agriculture, consumer products, and other industrial applications.
Albemarle is one of the world’s major producers of lithium and supplies lithium compounds, including lithium carbonate and lithium hydroxide, for use in rechargeable batteries for electric vehicles, portable electronics, and grid energy-storage systems. Its lithium operations and resources span locations including Chile, Australia, and the United States.
The company also produces bromine-based specialty chemicals and operates a catalysts business serving petroleum refining and related industries. Its products support applications such as fire safety, water treatment, drilling, advanced materials, and chemical manufacturing. Albemarle traces its corporate history to the late 19th century and was established in its current form through the 1994 spin-off of Ethyl Corporation’s chemicals businesses. It serves customers worldwide through manufacturing, research, and commercial operations across multiple regions.
