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Stock Market & Financial Investment News

News Breaks
January 29, 2014
10:56 EDTALBAlbemarle sees FY14 revenue $2.8B, consensus $2.71B
Albemarle said earlier on its Q4 earnings conference call that the company anticipates revenue growth of the order of 7%-8% to around $2.8B for 2014. The company expects segment income growth in the range of 2%-7% to between $485M-$510M, with catalyst driving the bulk of growth, polymer solution to be essentially flat, and fine chemistry up slightly.
News For ALB From The Last 14 Days
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July 13, 2015
17:04 EDTALBAlbemarle to rationalize n-Butyllithium capacity
Albemarle announced its intent to transfer production of n-Butyllithium from its facility in New Johnsonville, Tennessee, to existing plants in Germany and Taiwan. The transfer process is expected to be completed during 1Q16. While production of n-Butyllithium will be transferred to Germany and Taiwan, the New Johnsonville facility will continue to manufacture some specialty lithium products and will support blending operations for customers in North America.

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