Albemarle Corporation is a specialty chemicals company in the Basic Materials sector, headquartered in Charlotte, North Carolina. Founded on Feb 28, 1994, it employs 7,800 people. J Kent Masters is the company’s chief executive officer. Its operations center on materials and chemical products for energy storage, industrial processes and other specialized applications.
Energy Storage supplies lithium compounds, including lithium carbonate, lithium hydroxide and lithium chloride. These materials are used in batteries for consumer electronics and electric vehicles, as well as grid-storage and solar applications. They also support high-performance greases and specialty glass used in appliances and electronics. The company produces lithium from brine and has interests in hard-rock spodumene mining operations, alongside lithium-conversion facilities.
Its Specialties activities include bromine-based chemicals, fire-safety compounds, reactive lithium products, cesium materials and products involving zirconium, barium and titanium. The company also provides pharmaceutical intermediates, organic-synthesis processes, technical support and recycling for lithium-containing by-products. Through Ketjen, it supplies catalysts and additives for refining and fuel-processing applications, including hydroprocessing, fluidized catalytic cracking, isomerization and alkylation.
