Last $66.43 USD
Change Today -0.51 / -0.76%
Volume 444.1K
As of 8:04 PM 05/22/13 All times are local (Market data is delayed by at least 15 minutes).

albemarle corp (ALB) Snapshot

Open
$66.94
Previous Close
$66.94
Day High
$67.96
Day Low
$66.02
52 Week High
05/22/13 - $67.96
52 Week Low
09/26/12 - $50.88
Market Cap
5.8B
Average Volume 10 Days
635.6K
EPS TTM
$3.27
Shares Outstanding
87.8M
EX-Date
06/12/13
P/E TM
20.3x
Dividend
$0.96
Dividend Yield
1.26%
Current Stock Chart for ALBEMARLE CORP (ALB)

Related News

No related news articles were found.

albemarle corp (ALB) Related Businessweek News

No Related Businessweek News Found

albemarle corp (ALB) Details

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.

4,304 Employees
Last Reported Date: 02/15/13
Founded in 1993

albemarle corp (ALB) Top Compensated Officers

Chief Executive Officer and Director
Total Annual Compensation: $800.0K
Chief Financial Officer, Chief Accounting Off...
Total Annual Compensation: $418.8K
Senior Vice President, General Counsel and Co...
Total Annual Compensation: $384.8K
Chief Tax Counsel, Vice President and Treasur...
Total Annual Compensation: $287.5K
Senior Vice President of Human Resources
Total Annual Compensation: $389.2K
Compensation as of Fiscal Year 2012.

albemarle corp (ALB) Key Developments

Albemarle Corporation and Senze Meilu Company Form Mineral Flame Retardant Joint Venture

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.

Albemarle Corporation Amends Articles of Incorporation

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.

Albemarle Corporation Declares Quarterly Dividend Payable on July 1, 2013

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.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
ALB:US $66.43 USD -0.51

ALB Competitors

Market data is delayed at least 15 minutes.

Company Last Change
International Flavors & Fragrances Inc $81.44 USD -0.88
Kyowa Hakko Kirin Co Ltd ¥1,132 JPY -95.00
Rockwood Holdings Inc $67.46 USD -0.58
Valspar Corp/The $73.41 USD -0.25
Westlake Chemical Corp $92.28 USD -1.54
View Industry Companies
 

Industry Analysis

ALB

Industry Average

Valuation ALB Industry Range
Price/Earnings 21.2x
Price/Sales 2.2x
Price/Book 3.2x
Price/Cash Flow 20.7x
TEV/Sales 1.7x
 | 

Post a JobJobs

View all jobs

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

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.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.