Chemicals South Africa (PTY) Ltd. Albemarle [7], In January 2000, the company acquired Ferro Corporation's PYRO-CHEK flame retardant business. A locked padlock) or https:// means you’ve safely connected to the .gov website. [8], In June 2000, the company formed a joint venture with Jinhai Chemical and Industry Company, based in China. [20], In 2008, Albemarle and Sinobrom, a marketer of bromine derivatives in China, formed Sinobrom Albemarle Bromine Chemicals (Shandong) Company Ltd., a bromine-related joint venture. The partnership was ended in 2016. Exhibit 21.1. Albemarle Asano Corporation : Japan. We power the potential of companies in many of the world's largest and most critical industries, from energy and communications to transportation and electronics. [9], In August 2000, the company launched PolymerAdditives.com, a business-to-business internet joint venture with Cytec Industries and General Electric to provide materials faster and more efficiently directly from trusted suppliers. All Rights Reserved. Albemarle Corporation and Subsidiaries Our business and operations could suffer in the event of cybersecurity breaches, information technology system failures, or network disruptions. [27], In January 2015, Albemarle acquired Rockwood Holdings for $6.2 billion in stock. Albemarle has been active with its Lithium business in Asia since the 1960s via subsidiaries of its former owner Metallgesellschaft AG. Secure .gov websites use HTTPS Management (Shanghai) Co., Ltd. Albemarle Overseas [31], In December 2016, the company sold the Chemetall Surface Treatment business to BASF for $3.2 billion. [9][10], In 2001, it acquired Martinswerk GmbH, which it sold in 2016. Office of the Solicitor General Assets . Private Limited Liability Company. CONDENSED CONSOLIDATED BALANCE SHEETS (In Thousands) (Unaudited) September 30, December 31, 2019 . [1] It is one of the largest producers of hydro processing catalysts (HPC) and fluidized catalytic cracking (FCC) catalysts used in the petroleum refining industry. Albemarle It operates 3 divisions: lithium (37.8% of 2019 revenues), bromine specialties (28.0% of 2019 revenues) and catalysts (29.6% of 2019 revenues).[1]. Albemarle also expanded its South Haven API production site and upgraded its multi-product cGMP active pharmaceutical ingredient (API) manufacturing facility. [3] Albemarle also produces fine chemicals and chemical services for the pharmaceutical and life sciences industries. 2014) case opinion from the (202) 514-2203, Presidential Commission on Law Enforcement. The Investor Relations website contains information about Albemarle Corporation's business for stockholders, potential investors, and financial analysts. Copyright © 2020 RPCD Holdings LLC. Fitch Ratings - Chicago - 13 Apr 2020: Fitch Ratings has affirmed the Long-Term Issuer Default Ratings (IDR) of Albemarle Corp. (NYSE: ALB) and issuing subsidiaries at 'BBB'. [24], In January 2012, Albemarle expanded its production capabilities for finished polyolefin catalysts in Baton Rouge.[25]. Albemarle is a large developer of flame retardant chemicals technologies, with production plants in the United States, China, the Netherlands, Belgium, Germany, France, Austria, and the United Kingdom. Albemarle Asia Pacific Company LLC : Virginia. In September 2012, Albermarle was one of the three chemical companies that backed the Citizens for Fire Safety industry group that lobbied for use of flame retardant in consumer products including furniture and baby products. A .gov website belongs to an official government organization in the United States. [2] Albermarle, Sociedad Química y Minera, and FMC Corporation collectively produce just over half of the world's lithium and lithium storage products, while just under half is produced by China. In 1998, the Albemarle Corporation bought a custom manufacturing and oilfield chemicals plant in Teesport, England. Aachener Chemische Werke Gesellschaft für glastechnische Produkte und Verfahren mbH . [1] Production locations (excluding joint ventures in Brasil and Japan) are: Bayport, Texas and Amsterdam, Netherlands. Also in 1998, a joint venture was signed by the company, Jordan Dead Sea Industries Company, and Arab Potash. [35], In October 2019, the company formed a lithium joint venture with Mineral Resources Limited. This is a document preview . ALBEMARLE CORPORATION AND SUBSIDIARIES. … Albemarle Chemicals SAS : France. An official website of the United States government. Albemarle Corporation (NYSE: ALB), headquartered in Charlotte, NC, is a global specialty chemicals company with leading positions in lithium, bromine and refining catalysts. [11] It also acquired the custom and fine chemicals businesses of ChemFirst Inc. for $74 million. [36], "Albemarle Corporation 2019 Form 10-K Annual Report", "Albemarle warns lithium sales sliding amidst weak EV market", "Company News: Albemarle, Cytec Industries, and GE Specialty Chemicals", "Huber Officially Acquires Martinswerk Business from Albemarle Corporation", "Albemarle acquires ChemFirst fine chemicals", "Albemarle acquires Ethyl's fuel antioxidants business", "Albemarle completes Rhodia polyurethane deal", "Albemarle acquire S Korea's Taerim flame retard ops", "Albemarle to Buy Akzo Nobel's Catalyst Unit For $740 Million", "Albemarle Corporation PROSPECTUS SUPPLEMENT", "Albemarle Reinforces Its Commitment to Hydroprocessing", "Albemarle opens Dubai office for growing markets", "Albemarle acquires Sorbent Technologies for $22.5 Mln - Quick Facts", "Albemarle and TAYF Create Saudi Organometallic Chemicals Company (SOCC), a Strategic Catalysts Joint Venture", "Albemarle Expands Production Capabilities for Finished Polyolefin Catalysts at Its Baton Rouge Facility", "US Albemarle to sell ibuprofen, antioxidants to SI Group", "Albemarle Corporation completes acquisition of Rockwood Holdings", "Albemarle Corp. plans to move its headquarters and 120 jobs to Charlotte", "Albemarle announces leadership roles for bromine and lithium businesses", "Albemarle to Sell Surface-Treatment Business to BASF for $3.2 Billion", "BASF buys Albemarle's surface treatment business for $3.2 billion", "BASF completes acquisition of Chemetall", "Albemarle completes acquisition of lithium salts production assets in Asia", "Albemarle Announces Completion of Lithium Joint Venture with Mineral Resources Limited", https://en.wikipedia.org/w/index.php?title=Albemarle_Corporation&oldid=981691243, Companies based in Baton Rouge, Louisiana, Companies listed on the New York Stock Exchange, Short description is different from Wikidata, Official website different in Wikidata and Wikipedia, Creative Commons Attribution-ShareAlike License, This page was last edited on 3 October 2020, at 21:26. Share sensitive information only on official, secure websites. Albemarle Corporation is a fine chemical manufacturing company based in Charlotte, North Carolina. Find the latest Institutional Holdings data for Albemarle Corporation Common Stock (ALB) at Nasdaq.com. [14] It also acquired the bromine fine chemicals business of Atofina S.A.[15], In January 2004, the company acquired Asian flame retardants distributor Taerim International based in Seoul, South Korea. Chemicals (Shanghai) Company Limited. CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (In Thousands) (Unaudited) Six Months Ended June 30, 2020: 2019: Cash and cash equivalents at beginning of year $ 2018. In the same year, a joint venture was signed between Jordan Dead Sea Industries Company, Arab Potash Company, and one of Albemarle Corporation's subsidiaries. [22][23], In 2009, Albemarle and TAYF, an affiliate of SABIC, created a catalysts joint venture to build a world-scale organometallics production facility in Jubail. [5] Albemarle was headquartered in Richmond, Virginia, until 2008 when it announced plans to move its corporate headquarters to Baton Rouge, Louisiana.

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