ALB - Albemarle Corporation

NYSE - NYSE Delayed Price. Currency in USD

Albemarle Corporation

4250 Congress Street
Suite 900
Charlotte, NC 28209
United States
980-299-5700
http://www.albemarle.com

SectorBasic Materials
IndustrySpecialty Chemicals
Full Time Employees5,900

Key Executives

NameTitlePayExercisedYear Born
Mr. Luther C. Kissam IVChairman, Pres & CEO2.09MN/A1965
Mr. Scott A. TozierExec. VP & CFO1.01MN/A1966
Mr. Donald J. LaBauve Jr.VP, Corp. Controller & Chief Accounting Officer440.43kN/A1967
Ms. Karen G. NarwoldExec. VP, Chief Admin. Officer, Gen. Counsel & Corp. Sec.904.04kN/A1960
Mr. David Ryan TerrenceVP of Corp. Strategy & Investor RelationsN/AN/AN/A
Amounts are as of December 31, 2018 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Albemarle Corporation develops, manufactures, and markets engineered specialty chemicals worldwide. Its Lithium segment offers lithium compounds, including lithium carbonate, lithium hydroxide, lithium chloride, and value-added lithium specialties, as well as reagents, such as butyllithium and lithium aluminum hydride for applications in lithium batteries for consumer electronics and electric vehicles, high performance greases, thermoplastic elastomers for car tires, rubber soles, plastic bottles, catalysts for chemical reactions, organic synthesis processes, life science, pharmaceutical, and other markets. It also offers cesium products for the chemical and pharmaceutical industries; zirconium, barium, and titanium products for various pyrotechnical applications; technical services, such as the handling and use of reactive lithium products; and recycling services for lithium-containing by-products. The company's Bromine Specialties segment offers bromine and bromine-based solutions for fire safety, chemical synthesis, mercury control, water purification, beef and poultry processing, and other industrial applications, as well as oil and gas well drilling, and completion fluids applications; and tertiary amines, biocides, disinfectants, and sanitizers. Its Catalysts segment offers performance catalyst solutions comprising hydroprocessing catalysts together with isomerization and akylation catalysts; fluidized catalytic cracking catalysts and additives; and performance catalyst solutions comprising organometallics and curatives. It serves energy storage, petroleum refining, consumer electronics, construction, automotive, lubricants, pharmaceuticals, crop protection, and custom chemistry services markets. The company was incorporated in 1993 and is headquartered in Charlotte, North Carolina.

Corporate Governance

Albemarle Corporation’s ISS Governance QualityScore as of October 4, 2019 is 4. The pillar scores are Audit: 1; Board: 5; Shareholder Rights: 7; Compensation: 1.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.