(The Chemetall unit is a global supplier of specialty chemicals used in surface treatment of metals and plastics. Albemarle Corporation (NYSE: ALB), headquartered in Charlotte, N.C., is a global specialty chemicals company with leading positions in lithium, bromine and refining catalysts. Eine Albemarle is a global producer of catalyst solutions and performance chemicals specializing in lithium, bromine and refining catalysts. Albemarle, which describes itself as a leading ibuprofen supplier alongside companies like BASF, Lonza, Cilag-AG and Clarient, did not say what prompted the divestiture but did say that selling the unit will allow it to focus on its specialty chemicals business. A sale of the unit could help the company pay down the debt from its $6.2 billion acquisition of Rockwood Holdings Inc in 2015. "We saw strength in all three businesses in the second quarter, with each delivering double-digit adjusted EBITDA growth," said Luke Kissam, Albemarle's Chairman, President and CEO. Bank of America Corp has been hired to help consider strategic options for Chemetall, the people said. Albemarle hasn’t made a final decision about whether to sell, and no formal auction is currently taking place, one of the sources told Bloomberg. Reporting by Vishaka George in Bengaluru; Editing by Saumyadeb Chakrabarty Gelesen in 1 Minuten. (Reuters) - Lithium producer Albemarle Corp is exploring the sale of its surface-treatment division for about $3 billion, Bloomberg reported, according to people familiar with the matter. Albemarle’s revenue grew despite the divestiture of the polyolefin catalysts and components business to W.R. Grace . Albemarle Corporation (NYSE: ALB) reported second quarter 2018 net sales of $853.9 million, earnings of $302.5 million and adjusted EBITDA of $258.6 million. Bank of America Corp has been hired to help consider strategic options for Chemetall, the people said. It has also divested 7 assets.. Albemarle’s largest acquisition to date was in 2014, when it acquired Rockwood Holdings for $6.2B.It’s largest disclosed sale occurred in 2016, when it sold Chemetall to BASF SE for $3.2B.Albemarle has acquired in 3 different US states, and 6 countries. Albemarle hasn’t made a final decision about whether to sell, and no formal auction is currently taking place, one of the sources told Bloomberg. (Reporting by Vishaka George in Bengaluru; Editing by Saumyadeb Chakrabarty)Alle Daten werden mit einer Verzögerung von mindestens 15 Minuten angezeigt. Albemarle hasn’t made a final decision about whether to sell, and no formal auction is currently taking place, one of the sources told Bloomberg. Albemarle exploring sale of unit worth $3 bln - Bbg. (The Chemetall unit is a global supplier of specialty chemicals used in surface treatment of metals and plastics. Albemarle Corporation (NYSE: ALB), headquartered in Charlotte, N.C., is a global specialty chemicals company with leading positions in lithium, bromine and refining catalysts. Albermarle was not immediately available for comment. A sale of the unit could help the company pay down the debt from its $6.2 billion acquisition of Rockwood Holdings Inc in 2015. May 13 (Reuters) - Lithium producer Albemarle Corp is exploring the sale of its surface-treatment division for about $3 billion, Bloomberg reported, according to people familiar with the matter. … Albermarle was not immediately available for comment.

"The company grew adjusted diluted EPS by 28% … Albemarle has acquired 9 companies, including 2 in the last 5 years. About Albemarle. Chemetall was a part of the deal.

Chemetall was a part of the deal. (Reuters) - Lithium producer Albemarle Corp is exploring the sale of its surface-treatment division for about $3 billion, Bloomberg reported, according to people familiar with the matter.

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