albemarle corp
(ALB:New York Consolidated)
albemarle corp (ALB) Snapshot
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Open
$66.94
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Previous Close
$66.94
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Day High
$67.96
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Day Low
$66.02
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52 Week High
05/22/13 - $67.96
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52 Week Low
09/26/12 - $50.88
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Market Cap
5.8B
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Average Volume 10 Days
635.6K
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EPS TTM
$3.27
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Shares Outstanding
87.8M
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EX-Date
06/12/13
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P/E TM
20.3x
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Dividend
$0.96
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Dividend Yield
1.26%
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Related News
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Albemarle Corporation develops, manufactures, and markets engineered specialty chemicals. The company’s Polymer Solutions segment provides brominated, mineral, and phosphorus based flame retardants used in plastic enclosures for consumer electronics, printed circuit boards, wire and cable, electrical connectors, textiles, and foam insulation; and plastic and other additives, such as curatives, antioxidants, and stabilizers. Its Catalysts segment offers refinery catalysts, including hydroprocessing catalysts, fluidized catalytic cracking catalysts, and additives; organometallic co-catalysts, and metallocene components and co-catalysts for the manufacture of commodity and specialty plastics used in packaging, non-packaging, films, and injection molding; electronic materials, such as high purity metal organic products used in the production of light emitting diodes, as well as other products used in the production of solar cells; and chemical catalysts used in the production of ethylene dichloride and methylamines. The company’s Fine Chemistry segment provides elemental bromine, alkyl bromides, inorganic bromides, brominated powdered activated carbon, and bromine fine chemicals used in chemical synthesis, oil and gas well drilling and completion fluids, mercury control, paper manufacturing, water purification, and beef and poultry processing. This segment also offers tertiary amines for surfactants, biocides, disinfectants, and sanitizers; potassium-based products for industrial applications; alkenyl succinic anhydride used in paper-sizing formulations; and aluminum oxides used in various refractory, ceramic, and polishing applications. In addition, it supplies fine chemistry products and performance chemicals for pharmaceutical and agricultural use, as well as provides custom manufacturing, research, and chemical scale-up services for companies. Albemarle Corporation was founded in 1993 and is based in Baton Rouge, Louisiana.
albemarle corp (ALB) Top Compensated Officers
albemarle corp (ALB) Key Developments
Albemarle Corporation and Senze Meilu Company announced that the two companies have signed definitive agreements to establish a joint venture company in Lvliang, Shanxi. Upon final approval from the relevant government authorities in China, the venture, Albemarle Senze Chemicals (Shanxi) Company Ltd., will build and operate a new 50,000 MT facility to manufacture MARTINAL(R) fine precipitated alumina trihydrate (ATH) flame retardants based on Albemarle's proprietary technology principally used in wire and cable applications. Production at the new facility is expected to begin in mid-2015. Albemarle, as majority stakeholder, will market MARTINAL on behalf of the joint venture in the high-growth Asia-Pacific and Indian markets. Its partnership with Albemarle will increase its ability to participate in specialty markets for alumina, and it’s anxiously awaiting the start-up of the joint venture plant in 2015.
On May 7, 2013, the board of directors of Albemarle Corporation amended Section 2 of Article II of the company’s Amended and Restated Bylaws to decrease the size of the board of directors to nine directors, effective immediately.
The Board of Directors of Albemarle Corporation declared a quarterly dividend of $0.24 per share. The dividend is payable on July 1, 2013, to shareholders of record at the close of business as of June 14, 2013.
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Industry Analysis
ALB
Industry Average
| Valuation | ALB | Industry Range |
| Price/Earnings | 21.2x |
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| Price/Sales | 2.2x |
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| Price/Book | 3.2x |
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| Price/Cash Flow | 20.7x |
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| TEV/Sales | 1.7x |
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Post a JobJobs
- Chicago, IL | AlbemarlePosted: May 21
- Tyrone, PA | AlbemarlePosted: May 13
- Baton Rouge, LA | AlbemarlePosted: May 13
- Baton Rouge, LA | AlbemarlePosted: May 07
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To contact ALBEMARLE CORP, please visit www.albemarle.com. Company data is provided by Capital IQ. Please use this form to report any data issues.
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