ALB
- Albemarle Corporation
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Overview
Company Summary
Albemarle Corporation is a multinational specialty chemicals company. It develops, manufactures, and markets innovative products and solutions in various industries, including lithium, bromine, refining catalysts, and performance chemicals.
Albemarle is a major player in the lithium industry, which is crucial for the production of lithium-ion batteries used in electric vehicles (EVs), consumer electronics, and energy storage systems. The company specializes in lithium production from various sources, such as lithium brine, mineral deposits, and recycling. Additionally, Albemarle offers lithium compounds and specialty materials used in pharmaceuticals, polymers, ceramics, and other applications.
In the bromine market, Albemarle is a leading manufacturer and supplier of bromine and bromine-based products. Bromine is utilized as a flame retardant in electronics, textiles, and automobiles. The company also produces catalysts used in petroleum refining, assisting in the purification and conversion processes.
Albemarle's performance chemicals segment offers a range of products used in various industries, such as agricultural chemicals, cleaning compounds, and pharmaceutical intermediates. These chemicals provide specific functionality and performance enhancements in their respective applications.
The company's global presence and technological expertise enable it to serve customers across diverse industries and geographical regions. Albemarle focuses on innovation, operational excellence, and sustainable practices to meet customer needs and contribute to a cleaner and more sustainable future.