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Stock Market & Financial Investment News

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February 7, 2013
09:03 EDTALBAlbermarle Fine Chemistry Services business expands in Pennsylvania
Albemarle announced today that its Fine Chemistry Services business has approved and begun construction on another expansion of its Tyrone, Pennsylvania custom manufacturing facility. The expansion will cost $30M.
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April 17, 2014
09:29 EDTALBAlbemarle says sale of assets to SI Group was due to a need to consolidate
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April 16, 2014
17:16 EDTALBAlbemarle reports Q1 adjusted EPS 96c, consensus 95c
Reports Q1 revenue $656.68M, consensus $655.87M.
16:05 EDTALBAlbemarle agrees to sell antioxidant, ibuprofen and propofol businesses
Albemarle Corporation announced that it has signed a definitive agreement to sell certain assets to SI Group. Included in the transaction are Albemarle's antioxidants and FDA-regulated ibuprofen and propofol businesses and assets, with manufacturing sites in Orangeburg, South Carolina and Jinshan, China; and Albemarle's antioxidant product lines. Certain applications and technical support capabilities in Shanghai, China and Baton Rouge, Louisiana will also be included in the transaction. Terms of the transaction, which is subject to customary closing conditions and is expected to close later in 2014, were not disclosed.

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