Company Albemarle Corporation

Equities

ALB

US0126531013

Specialty Chemicals

Market Closed - Nyse 04:00:02 2024-03-28 pm EDT 5-day change 1st Jan Change
131.7 USD +2.28% Intraday chart for Albemarle Corporation +5.51% -8.82%

Business Summary

Albemarle Corporation is one of the world's leading manufacturers of specialty chemicals. The group's products are aimed primarily at the petroleum refining, energy storage, consumer electronics, construction, crop protection, automotive, food safety and pharmaceuticals industries. Net sales break down by family of products as follows:

- lithium and polymer solutions (73.6%);

- bromine (15.4%);

- catalysts (11%).

Exports account for 90.3% of net sales.

Number of employees: 9,000

Sales per Business

USD in Million2022Weight2023Weight Delta
Energy Storage
73.6 %
- - 7,079 73.6 % -
Specialties
15.4 %
- - 1,482 15.4 % -
Ketjen
11.0 %
900 12.3 % 1,056 11.0 % +17.36%

Sales per region

USD in Million2022Weight2023Weight Delta
South Korea
32.0 %
1,610 22.0 % 3,078 32.0 % +91.10%
China
30.0 %
2,416 33.0 % 2,885 30.0 % +19.44%
Japan
15.0 %
1,098 15.0 % 1,443 15.0 % +31.38%
Foreign
13.3 %
1,307 17.9 % 1,281 13.3 % -2.01%
United States
9.7 %
889 12.1 % 931 9.7 % +4.75%

Managers

Managers TitleAgeSince
Chief Executive Officer 63 15-01-11
Director of Finance/CFO 47 Nov. 05
Chief Tech/Sci/R&D Officer - 18-04-16
Investor Relations Contact - 20-03-15
Corporate Officer/Principal - 22-04-28
Comptroller/Controller/Auditor 56 19-01-31
Treasurer - 16-04-30
Corporate Officer/Principal - 11-12-31
Corporate Officer/Principal 58 18-01-18
Corporate Officer/Principal 53 18-07-31

Members of the board

Members of the board TitleAgeSince
Director/Board Member 69 12-07-11
Director/Board Member 63 13-06-30
Director/Board Member 67 19-07-22
Director/Board Member 66 17-06-25
Director/Board Member 63 18-05-07
Chief Executive Officer 63 15-01-11
Director/Board Member 65 19-07-22
Director/Board Member 60 17-12-31
Director/Board Member 58 22-02-20
Director/Board Member 67 15-01-11

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 117,524,680 117,149,656 ( 99.68 %) 0 99.68 %

Shareholders

NameEquities%Valuation
Vanguard Fiduciary Trust Co.
12.00 %
14,083,522 12.00 % 1 941 M $
BlackRock Advisors LLC
6.099 %
7,160,106 6.099 % 987 M $
Capital Research & Management Co. (Global Investors)
6.027 %
7,076,357 6.027 % 975 M $
Capital Research & Management Co. (International Investors)
4.940 %
5,800,219 4.940 % 800 M $
5,598,717 4.769 % 772 M $
Fiduciary Trust Company International
4.417 %
5,185,734 4.417 % 715 M $
PRIMECAP Management Co.
2.961 %
3,476,674 2.961 % 479 M $
BlackRock Life Ltd.
2.391 %
2,807,640 2.391 % 387 M $
Geode Capital Management LLC
2.237 %
2,625,756 2.237 % 362 M $
Norges Bank (13F)
2.225 %
2,611,718 2.225 % 360 M $

Holdings

NameEquities%Valuation
96,257,865 3.97% 77,407,687 $
7,128,341 5.41% 45,364,762 $

Company contact information

Albemarle Corp.

4250 Congress Street Suite 900

28209, Charlotte

+980 299 5700

http://www.albemarle.com
address Albemarle Corporation(ALB)

Group companies

NameCategory and Sector
Chemicals: Specialty
Chemicals: Major Diversified
Chemicals: Specialty
Chemicals: Specialty
Chemicals: Specialty
Chemicals: Specialty
Financial Conglomerates
Electrical Products
Financial Conglomerates

Sales per Business

Sales per region

Trading Rating
Investor Rating
ESG Refinitiv
C+
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
29
Last Close Price
131.7 USD
Average target price
150 USD
Spread / Average Target
+13.88%
Consensus