About Albemarle
Albemarle is a company based in Charlotte (United States) founded in 1994. It operates as a Reseller / Distribution. The company has 8,300 employees as of December 31, 2024. Albemarle has completed 4 acquisitions, including Cambridgechemical, Catilin and Guangxi Tianyuan New Energy Materials. Albemarle offers products and services including Lithium and Bromine.
- Headquarter Charlotte, United States
- Employees 8300 as on 31 Dec, 2024
- Stage Public
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Sectors
Chemicals & Materials
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Albemarle Corporation
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Annual Revenue
$5.38 B-44.08as on Dec 31, 2024
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Net Profit
$-1.18 B-174.96as on Dec 31, 2024
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EBITDA
$-39.77 M-105.93as on Dec 31, 2024
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Latest Funding Round
$90 M (USD), Grant
Sep 12, 2023
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Investors
HHS
& 3 more
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Employee Count
8300
as on Dec 31, 2024
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Investments & Acquisitions
Cambridgechemical
& 3 more
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IPO & Listings of Albemarle
Albemarle is a publicly listed company on the NYSE with ticker symbol ALB in USA, operating in the Process industries sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Albemarle
Albemarle offers a comprehensive portfolio of products and services, including Lithium and Bromine. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Lithium resources are processed for various applications.
Bromine resources are utilized in multiple industrial sectors.
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Software Development Team
119 people
Leadership Team
43 people
Finance and Accounting
26 people
Human Resources and Administration
24 people
Sales and Marketing
21 people
Legal and Compliance
20 people
Senior Team
12 people
Product Management Team
10 people
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Funding Insights of Albemarle
- Total Funding Total Funding
- Total Rounds 6
- Last Round Grant — $90.0M
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First Round
First Round
(24 Apr 2007)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2023 | Amount | Grant - Albemarle | Valuation |
investors |
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| Oct, 2022 | Amount | Grant - Albemarle | Valuation |
investors |
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| Jul, 2021 | Amount | Grant - Albemarle | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Albemarle
Albemarle has secured backing from 4 investors, including institutional investors. Prominent investors backing the company include HHS, DOE and U.S. Department of Defense. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Military forces are provided by the U.S. Department of Defense for national security.
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Founded Year | Domain | Location | |
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Energy sources and policies are managed by the DOE.
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Founded Year | Domain | Location | |
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Public health and human services are overseen by HHS.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Albemarle
Albemarle has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Cambridgechemical, Catilin and Guangxi Tianyuan New Energy Materials. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Solid heterogeneous biodiesel catalysts are produced for biofuel applications.
|
2007 | ||||
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Limited information available
|
2000 | ||||
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Manufacturer of insecticides and pesticides chemicals
|
1998 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Albemarle
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Albemarle Comparisons
Competitors of Albemarle
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Albemarle
Frequently Asked Questions about Albemarle
When was Albemarle founded?
Albemarle was founded in 1994 and raised its 1st funding round 13 years after it was founded.
Where is Albemarle located?
Albemarle is headquartered in Charlotte, United States. It is registered at Charlotte, North Carolina, United States.
Who is the current CEO of Albemarle?
Luther C Kissam is the current CEO of Albemarle.
How many employees does Albemarle have?
As of Dec 31, 2024, the latest employee count at Albemarle is 8,300.
What is the annual revenue of Albemarle?
Annual revenue of Albemarle is $5.38B as on Dec 31, 2024.
What does Albemarle do?
Albemarle is established as a global leader in providing lithium, bromine, and other essential elements. Operations are focused on transforming resources into critical ingredients for mobility, energy, connectivity, and health sectors. Solutions are developed to enhance safety in electronics, support sustainable mobility through EV batteries, and ensure reliable energy grid storage. The company is committed to sustainability, with innovative technologies aimed at minimizing environmental impact while ensuring a sustainable supply of critical minerals.
What products or services does Albemarle offer?
Albemarle offers Lithium and Bromine.
Is Albemarle publicly traded?
Yes, Albemarle is publicly traded on NYSE under the ticker symbol ALB.
How many acquisitions has Albemarle made?
Albemarle has made 4 acquisitions, including Cambridgechemical, Catilin, and Guangxi Tianyuan New Energy Materials.
Who are Albemarle's investors?
Albemarle has 4 investors. Key investors include HHS, DOE, U.S. Department of Defense, and OSTI.GOV.
What is Albemarle's ticker symbol?
The ticker symbol of Albemarle is ALB on NYSE.