Albemarle shocks with upside surprise

Chang, Joseph
October 2006
ICIS Chemical Business Americas;10/23/2006, Vol. 270 Issue 15, p4
Trade Publication
The article reports on the surging of the stock price of Albemarle in the second half of 2006. The chemical-producing company's earnings per share for the period went up to $1.25 versus analyst forecasts of $0.87, while its profit gained 131 percent to a record $60.7 million on 20 percent higher sales of $608 million. Albemarle president and CEO Mark Rohr credits the strong demand and pricing of the company products for the increase in share price.


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