TokyoTokyo Mon - Fri 10:00-18:00 +81 (366) 701-751

Albemarle Announces New Global Business Unit Alignment

Mount Equity Group Tokyo Japan > News > Business > Albemarle Announces New Global Business Unit Alignment

CHARLOTTE, N.C., Aug. 30, 2022 /PRNewswire/ — Albemarle Corporation (NYSE: ALB), a leader in the global specialty chemicals industry, today announced that it will realign its Bromine and Lithium global business units (GBU) into a new corporate structure designed to better meet customer needs and foster talent required to deliver in a competitive global environment. The move follows the recent announcement of the company’s decision to reorganize Catalyst under a to-be-named, wholly owned subsidiary.

Albemarle’s two core global business units will become:

  • Albemarle Specialties: This GBU will include the current Bromine business as well as the Lithium Specialties business in the current Lithium business. This new GBU will focus on the company’s suite of bromine and highly specialized lithium solutions which benefit from complementary competencies in organic chemistry, application knowledge, and process technology. Netha Johnson,…

Read more…