Albemarle Corporation
Albemarle Corporation is an American specialty chemicals manufacturing company headquartered in Charlotte, North Carolina, USA. The company's mission is to power the potential of people, companies, and communities by creating innovative, sustainable solutions essential to modern living.
Albemarle operates primarily through three business segments: Lithium and Advanced Materials, Bromine Specialties, and Catalysts. It is a global leader in lithium production, supplying critical materials for electric vehicle batteries and energy storage systems. The bromine specialties division focuses on flame retardant technologies and chemicals for fire protection, oil and gas drilling fluids, and water treatment. Additionally, its catalysts division provides solutions for petroleum refining, chemical processing, and emissions control.
Kent Masters serves as the Chairman and Chief Executive Officer of Albemarle. The company maintains a strong market position as a key supplier of essential materials for the energy transition and electrification, emphasizing sustainability and innovation. Recent developments include the successful dewatering of the Kings Mountain Mine in North Carolina, a crucial step for its long-term lithium production plans, and the sale of a controlling stake in its Ketjen catalysts business to KPS Capital Partners. In August 2025, Albemarle announced an enhanced organizational structure aimed at improving agility and efficiency. The company's global footprint spans numerous countries, serving diverse industries such as automotive, energy, electronics, construction, and pharmaceuticals.
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