Albemarle Corp ALB

Alternate Symbol(s): ALB.PR.A

Chemicals Specialty Chemicals

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).

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Albemarle Corp

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Post by fatcharlieon Nov 05, 2018 11:11am

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Post# 28924344

adding @$105.77

I took an initial play around $95 with the step drop and added more today. Pays a small dividend but their mine is next to LTHM lithium mine which split off FMC. Down the road buying out LTHM would make sense it would make ALB the largest lithium producer in the world. Basically thats why I am here. Best of luck, Charlie.

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