Albemarle Corporation is a specialty chemicals manufacturing company based in Charlotte, North Carolina. It operates 3 divisions: lithium (68.4% of 2022 revenues), bromine specialties (19.3% of 2022 revenues) and catalysts (12.3% of 2022 revenues). , Albemarle was the largest provider of lithium for electric vehicle batteries. Albemarle, Sociedad Química y Minera, and FMC Corporation collectively produce just over half of the world's lithium and lithium storage products, while just under half is produced by China. Albemarle is a large developer of flame retardant chemicals technologies, with production plants in the United States, China, the Netherlands, Belgium, Germany, France, Austria, and the United Kingdom. It also has a line of antioxidants and blends which concentrate on improving storage life and stability of fuel and other lubricant products. It produces products used in rigid and flexible polyurethane foam applications and ammonium polyphosphate products, pigments for paper applications, aluminium oxides used for flame-retardant, polishing, catalyst, and niche ceramic applications, as well as magnesium hydroxide mainly used as a flame-retardant. It is one of the largest producers of hydro processing catalysts (HPC) and fluid catalytic cracking (FCC) catalysts used in the petroleum refining industry. Production locations (excluding joint ventures in Brazil and Japan) are: Bayport, Texas and Amsterdam, Netherlands. Albemarle also produces fine chemicals and chemical services for the pharmaceutical and life sciences industries. The Alternative Fuel Technologies division participates in the market for biofuels, gas to liquids, and coal liquefaction. The company is ranked 780th on the Fortune 1000 based on fiscal 2021 revenues. History In February 1994, Ethyl Corporation completed the corporate spin-off of its chemical businesses to form Albemarle Corporation. Albemarle was headquartered in Richmond, Virginia, until 2008 when it announced plans to move its corporate headquarters to Baton Rouge, Louisiana. In July 1994, the company acquired the Asano Corporation, a sales and marketing company headquartered in Tokyo, Japan. In 1998, the company bought a custom manufacturing and oilfield chemicals plant in Teesport, England. Also in 1998, a joint venture was signed by the company, Jordan Dead Sea Industries Company, and Arab Potash. In January 2000, the company acquired Ferro Corporation's PYRO-CHEK flame retardant business. In June 2000, the company formed a joint venture with Jinhai Chemical and Industry Company, based in China. In August 2000, the company launched PolymerAdditives.com, a business-to-business internet joint venture with Cytec Industries and General Electric to provide materials faster and more efficiently directly from trusted