Albemarle Corp.
Latest Albemarle Corp. News and Updates
Lithium Producer Albemarle Sees Higher Stock Price Early in 2021
Albemarle, a chemical producer, had a rollercoaster of a year in 2020 amid the coronavirus pandemic. The company's stock price just increased.
Albemarle Stock Looks Like a Good Buy Amid EV Shift
In the last year, Albemarle stock has risen 125 percent. Is the stock a buy or sell at this price? How's the company's outlook and what can investors expect?
How to Play the EV Boom by Investing in Lithium
As EV adoption is expected to rise, everybody wants a share of the pie. Is investing in lithium a way to go? This guide will teach you how to invest in lithium stocks.
MeadWestvaco to spin off its specialty chemicals business
In January 2015, MeadWestvaco, announced that its board had approved the plan to spin off the specialty chemicals business from the rest of the company.
Reviewing Albemarle’s Stock Performance since 3Q17
Albemarle (ALB) is set to announce its 4Q17 results after the market closes on February 27, 2018.
Can Praxair Meet Analysts’ Adjusted Earnings Per Share Estimate?
As of January 15, 2018, analysts are expecting Praxair (PX) to report adjusted EPS (earnings per share) of $1.48, an increase of 5.7% on a year-over-year basis.
Albemarle Strengthens Its Leverage Position
At the end of 3Q17, Albemarle (ALB) reported debt of ~$1.8 billion, its lowest point since 2014.
Albemarle Launches New Granite Technology
On December 19, 2017, Albemarle (ALB) announced the launch of its new Granite technology.
Why Albemarle’s Refining Solutions Segment Fell in 3Q17
Albemarle’s (ALB) Refining Solutions segment is the company’s lowest revenue generator, accounting for 22.6% of its total revenues in 3Q17 compared to 29.1% in 3Q16.
Can RPM International Outperform the Analysts’ Revenue Estimate for Fiscal 1Q18?
As of September 25, 2017, analysts have forecasted that RPM will report revenues of $1.32 billion for fiscal 1Q18, which would be a 5.5% rise over fiscal 1Q17.
LyondellBasell Starts Polypropylene Production at Dalian, China
On September 21, 2017, LyondellBasell (LYB) announced that it has started manufacturing polypropylene (or PP) from its production facility in Dalian, China.
Tronox Will Raise $450 Million through Senior Notes
On September 14, 2017, Tronox (TROX) announced that it will raise $450 million through senior notes. The notes will mature in 2025.
Celanese: Another Round of Price Hikes on Some Products
Celanese’s stock price fell 1.3% and closed at $96.78 for the week ending September 8, 2017. It traded 4.40% above the 100-day moving average price.
H.B. Fuller to Acquire Royal Adhesives and Sealants
On September 4, 2017, H.B. Fuller (FUL) announced that it has entered into an agreement to acquire Royal Adhesives and Sealants.
Tronox Completes the Sale of Alkali Chemicals Business
On September 1, 2017, Tronox (TROX) announced that it had completed the previously announced sale of its alkali chemicals business to Genesis Energy (GEL).
Ashland Hikes Prices of Gelcoat in EMEA
On August 25, 2017, Ashland (ASH) announced that it would hike the prices of its Gelcoat portfolio. The price hike will be 75 euros per metric ton.
Celanese Increased Vinyl Acetate Monomer Prices
Celanese stock fell 1.0% and closed at $95.77. Despite the fall in the prices, the stock was trading 4.3% above the 100-day moving average price of $91.78.
How Albemarle’s Refining Solutions Segment Performed in 2Q17
Albemarle’s (ALB) Refining Solutions is the company’s lowest revenue generator, accounting for 25.0% of its total revenues in 2Q17 compared to 26.6% in 2Q16.
Albemarle’s 2Q17 Revenues Rose on Higher Volumes
ALB has guided its fiscal 2017 revenues to be in the range of ~$2.9 billion–$3.1 billion.
Celanese Impacts Price Hikes on Acetyl Intermediates
On August 2, 2017, Celanese (CE) announced that it’s increasing the prices of a few acetyl intermediates. The price increase will be effective immediately.
Tronox Will Sell Its Alkali Chemicals Business
On August 2, 2017, Tronox (TROX) announced that it entered into a definitive agreement with Genesis Energy LP (GEL) to sell its alkali chemicals business.
H.B. Fuller Will Acquire Adecol
H.B. Fuller had a quiet week with a meager gain of 0.1% for the week ending July 21, 2017. The stock closed at $51.50.
Inside Celanese’s Price Hikes Products
On July 12, 2017, Celanese (CE) announced that it will be increasing the prices of a few of its acetyl intermediate products.Company & Industry Overviews Tronox Hikes Soda Ash Price with Immediate Effect
On July 5, 2017, Tronox (TROX) announced that it’s increasing the price of soda ash by $6 per short ton, applicable to bulk and packaged products.
Celanese Increases Vinyl Acetate Monomer Prices in Asia
On March 7, 2017, Celanese (CE) announced a price increase for VAM (vinyl acetate monomer) in Asia. The increase is effective immediately.
Albemarle’s Bromine Specialties Segment: Why Revenue Fell in 2Q16
In 2Q16, Albemarle’s (ALB) Bromine Specialties segment reported revenue of $206.9 million, representing 30.9% of Albemarle’s total revenue.
Albemarle: How Much Net Profit Margin Are Analysts Predicting?
As of July 26, 2016, analysts are expecting Albemarle’s (ALB) net profit margin to be about 13.3% in 2Q16. That compares to 7.3% in 2Q15 and 14.5% in 1Q16.