Albemarle Corporation (NYSE: ALB) is a global specialty chemicals company that develops, manufactures and markets materials used in energy storage, transportation, consumer products and industrial applications. The company is best known for its lithium business, which supplies lithium compounds used in rechargeable batteries for electric vehicles, portable electronics and energy-storage systems.
Albemarle also produces bromine-based specialty chemicals used in areas such as fire safety, water treatment, pharmaceutical manufacturing and other industrial processes. Through its Catalysts business, including the Ketjen brand, the company provides catalysts and related technologies that support petroleum refining, renewable fuels production and chemical manufacturing.
Founded in 1887 and headquartered in Charlotte, North Carolina, Albemarle serves customers through operations and commercial activities in North America, South America, Europe, Asia and other international markets. Its lithium resources and production operations include assets in regions such as the United States, Chile and Australia, supporting its position as a global supplier of specialty chemicals and battery materials.
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