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Albemarle Corp ALB

Alternate Symbol(s):  ALB.P.A

Albemarle Corporation is engaged in transforming essential resources into critical ingredients for mobility, energy, connectivity, and health. The Company is a global developer, manufacturer, and marketer of specialty chemicals. Its segments include Energy Storage, Specialties, and Ketjen. The Energy Storage segment develops and manufactures a range of basic lithium compounds, including lithium carbonate, lithium hydroxide, and lithium chloride. Its Specialties business optimizes its portfolio of bromine and highly specialized lithium solutions. Its Specialties business serves a variety of industries, including energy, mobility, connectivity, and health. Specialty products are essential in both internal combustion and electric vehicles, from high-voltage cables and powertrains to airbags and tires. Its three main product lines in its Ketjen segment are clean fuels technologies (CFT), fluidized catalytic cracking (FCC) catalysts and additives, and performance catalyst solutions (PCS).


NYSE:ALB - Post by User

Comment by slyder3on Jan 07, 2021 5:30pm
245 Views
Post# 32250193

RE:Albemarle Shutdown...?

RE:Albemarle Shutdown...?Well Ernie,  my thought were always but I haven't posted it, the reasons why is ,the price of lithium is down so let's do some maintenance and replace infrastructure,wearing parts and hopefully along the road price will pick up and we will be ready to roll. Now they see a opportunity to increase production by 2x and no doubt have their eye on moving share price higher in the future as what has happened ( 100% in 2 months). They also looking  at putting $30-$50,000,000.00 million into Silver Peaks ( I thinkthey will actually put more in as that is what usally happens. I haven't checked on Lithium price lately so not sure if yesterday has worked in their favour. They are a  Fortune 500 Company for a reason ,good product ,diversity and good management. So good luck to them I hope they achieve their milestones and the whole Clayton  Valley will prosper I'm sure. Cheers  Slyder3 
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