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Albemarle history
Albemarle company history timeline
In February 1994, Ethyl Corporation completed the corporate spin-off of its chemical businesses to form Albemarle Corporation.
In July 1994, the company acquired the Asano Corporation, a sales and marketing company headquartered in Tokyo, Japan.
And in 1994, the specialty chemicals business was spun off as Albemarle Corporation.
In 1995, Albemarle sold its electronic materials business.
In 1997, the new structure of the company was created.
In 1998, the company bought a custom manufacturing and oilfield chemicals plant in Teesport, England.
Also in 1998, a joint venture was signed by the company, Jordan Dead Sea Industries Company, and Arab Potash.
In June 2000, the company formed a joint venture with Jinhai Chemical and Industry Company, based in China.
In 2000, the company acquired a plant in Port-de-Bouc, France, as part of a deal that gave the company the flame retardant business of Ferro Corporation.
In 2001, the company purchased the custom and fine chemicals business of ChemFirst.
In 2003, it acquired the fuel and lubricant antioxidants business of Ethyl Corporation.
In July 2004, Albemarle acquired the refinery catalysts platform from AkzoNobel, with sites and/or joint ventures in the Netherlands, Houston, France, Brazil, Japan and Singapore, for €615.7 million.
In 2006, in partnership with UOP, a subsidiary of Honeywell, Albemarle created the Hydroprocessing Alliance to deliver integrated refinery solutions and hydroprocessing technologies and catalysts to the refining industry.
In May 2007, Albemarle opened a regional sales office in Dubai to meet growing market needs in India and the Middle East.
Albemarle was headquartered in Richmond, Virginia, until 2008 when it announced plans to move its corporate headquarters to Baton Rouge, Louisiana.
In 2008, Albemarle and Sinobrom, a marketer of bromine derivatives in China, formed Sinobrom Albemarle Bromine Chemicals (Shandong) Company Ltd., a bromine-related joint venture.
In 2008, Albemarle acquired Sorbent Technologies Corporation, whose technology controls mercury emissions from coal-fired power plants, for $22.5 million.
In 2009, Albemarle and TAYF, an affiliate of SABIC, created a catalysts joint venture to build a world-scale organometallics production facility in Jubail.
In January 2012, Albemarle expanded its production capabilities for finished polyolefin catalysts in Baton Rouge.
In September 2012, Albermarle was one of the three chemical companies that backed the Citizens for Fire Safety industry group that lobbied for use of flame retardant in consumer products including furniture and baby products.
Lithium-Ion. html • http: //phys. org/news/2013 -06 -all-solid-sulfur-based-battery-outperforms-lithiumion. html • Complements- performance plastics 9
3 x multiple of pro forma 2014 enterprise value to EBITDA, including synergies” • Albemarle stock is expected to grow at an average annual rate of 11%. • Forecasted earnings is 2.
Cell (NFC) • Substitutes- Alkaline Batteries, Flow Cell Batteries, All-solid Lithium-Sulfur • http: //www. kitco. com/ind/Albrecht/2014 -03 -06 -Flow-Cell-Batteries-A-Substitute-For.
In January 2015, Albemarle acquired Rockwood Holdings for $6.2 billion in stock.
In August 2015, the company announced the relocation of its headquarters from Baton Rouge, Louisiana to Charlotte, North Carolina.
In December 2016, the company sold the Chemetall Surface Treatment business to BASF for $3.2 billion.
The partnership was ended in 2016.
In January 2017, the company acquired the Jiangli New Materials Science and Technology Co. lithium business for $145 million.
No FDA Form 483 observations were issued and no Discussion points were made, in the recent FDA audit completed in October 2017.
In October 2019, the company formed a lithium joint venture with Mineral Resources.
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Albemarle competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| The Dow Chemical Company | 1897 | $43.0B | 54,000 | 134 |
| Trinseo | 2010 | $2.7B | 2,100 | 18 |
| Chemtura Corp | 2005 | $1.7B | 2,500 | - |
| CF Industries | 1946 | $5.9B | 3,016 | 48 |
| Tronox | 2006 | $3.1B | 7,000 | 8 |
| Nkl | 1891 | $140.8M | 466 | - |
| Huntsman | 1970 | $6.1B | 9,000 | 58 |
| Dover | 1955 | $7.7B | 23,000 | 421 |
| Johnson & Johnson | 1886 | $88.8B | 134,500 | 1,398 |
| Exxon Mobil | 1870 | $343.4B | 72,000 | 286 |
Albemarle history FAQs
Zippia gives an in-depth look into the details of Albemarle, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Albemarle. The employee data is based on information from people who have self-reported their past or current employments at Albemarle. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Albemarle. The data presented on this page does not represent the view of Albemarle and its employees or that of Zippia.
Albemarle may also be known as or be related to ALBEMARLE CORP, Albemarle and Albemarle Corporation.