Producer

Albemarle Corporation

HQ US · North Carolinawebsite ↗

Albemarle Corporation (Charlotte, NC; NYSE: ALB; founded 1994 via Ethyl Corporation spin-off) is one of the world's largest specialty chemicals companies, with major businesses in lithium (for EV batteries), bromine, and refining solutions. Its bromine operations are concentrated in Magnolia, Columbia County, Arkansas, where it operates two world-scale plants (South Plant at 2270 US-79, West Plant at 1550 US-371) extracting bromine from ancient underground brine formations at ~2 km depth in the Smackover Formation. Albemarle committed $540 million (2022-2027) to expand and modernize these Arkansas facilities. The company also co-owns Jordan Bromine Company (JBC, 50/50 with Arab Potash Company), sited on the Jordanian Dead Sea shore. In 2022, Albemarle produced 128,000 metric tonnes of bromine. Together with ICL, Albemarle controls approximately 35-40% of global bromine supply.

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