Albemarle to discuss its strategy to drive growth, maximize profitability and increase shareholder value at 2014 Investor Day conference
BATON ROUGE, La., May 15, 2014 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB), a leading global developer, manufacturer, and marketer of highly engineered specialty chemicals, will discuss its strategy to drive growth, maximize profitability and increase shareholder value at its 2014 Investor Day conference today at 1:30 p.m. central time in Houston, Texas. The event will be hosted by over 40 Albemarle leaders from around the world and will be webcast live at www.albemarle.com/investors.
Albemarle's growth strategy focuses on its core bromine and catalysts businesses, with emphasis on maximizing the profitability of its existing bromine and high-value bromine derivative products, more rapidly developing and commercializing new applications for bromine, strengthening and growing its catalyst franchise and achieving operational excellence through its One Albemarle initiative. The company's leadership team will be on hand to highlight key business strategies to deliver on the company's earnings potential.
"As we mark our twentieth year as a publicly traded company, Albemarle is executing a highly focused strategy to deliver sustainable growth, higher profitability and even stronger free cash flow generation," said President and CEO Luke Kissam. "Albemarle has a history of generating strong cash flow and disciplined capital allocation. With the bromine and catalysts assets and product technologies we have in place today, we are well positioned to capture the growth opportunities in front of us and continue our legacy of delivering industry leading total shareholder returns."
Webcast & Conference Call Details
A live webcast of the Company's 2014 Investor Day will be held today starting at 1:30 p.m. central standard time at www.albemarle.com/investors. Alternatively, investors may listen to the presentation live via conference call by dialing 1-800-510-0219 (Primary Dial-In) or 617-614-3451 (Secondary Dial-In), and entering conference ID 56272710. The Company's 2014 Investor Day presentation and supporting materials can be accessed through Albemarle's website under Investors at www.albemarle.com.
Albemarle Corporation, headquartered in Baton Rouge, Louisiana, is a leading global developer, manufacturer, and marketer of highly-engineered specialty chemicals for consumer electronics, petroleum refining, utilities, packaging, construction, automotive/transportation, pharmaceuticals, crop protection, food-safety and custom chemistry services. The Company is committed to global sustainability and is advancing its eco-practices and solutions in its two global business units: Performance Chemicals and Catalyst Solutions. Corporate Responsibility Magazine selected Albemarle to its prestigious "100 Best Corporate Citizens" list for 2010, 2011 and 2013. Albemarle employs approximately 3,900 people and serves customers in approximately 100 countries. Albemarle regularly posts information to www.albemarle.com, including notification of events, news, financial performance, investor presentations and webcasts, Regulation G reconciliations, SEC filings, and other information regarding the Company, its businesses and the markets we serve.
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding Albemarle Corporation's business that are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" in the Company's Annual Report on Form 10-K.
SOURCE Albemarle Corporation