Albemarle Presents Earnings Growth Strategy at its Investor Conference in New York

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May 03, 2011, 07:30 ET

BATON ROUGE, La., May 3, 2011 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB), a leading global developer, manufacturer, and marketer of highly engineered specialty chemicals, will present its Vision 2015 growth objectives at its investor conference today at 8:00 a.m. Eastern time in New York City. The event will be hosted by Mark Rohr, Chairman and Chief Executive Officer, and will be webcast live at www.albemarle.com.

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Albemarle's Vision 2015 outlines the company's strategy to grow revenue to $5+ billion, with earnings potential in excess of $9 per share for 2015. The leadership team will highlight business adjacencies and opportunities that will drive double-digit revenue growth and targeted profitability goals.

"In the coming years, we see significant opportunity to build upon Albemarle's solid foundation," said Mark Rohr, Chairman and Chief Executive Officer. "We believe our technological footing and geographic reach position us to unlock the value in our established products while stepping out into adjacent markets and technologies that promise new gains, efficiencies and shareholder value in the years ahead."

About Albemarle

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 three business segments, Polymer Solutions, Catalysts and Fine Chemistry. Corporate Responsibility Magazine selected Albemarle to its prestigious "100 Best Corporate Citizens" list for 2010 and 2011. Albemarle employs approximately 4,000 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