Albemarle Announces New Operating Structure to Increase Agility, Drive Cost Efficiencies and Maintain Long-Term Competitiveness
ALBAlbemarle(ALB) Prnewswire·2024-10-07 18:45

Decision marks next step in comprehensive review of cost and operating structure CHARLOTTE, N.C., Oct. 7, 2024 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB), a global leader in providing essential elements for mobility, energy, connectivity and health, today announced the company's new operating structure to adapt to dynamic market conditions.Albemarle's operating structure will transition from two core global business units – Energy Storage and Specialties – to a fully integrated functional model desig ...