Albemarle Reports Second Quarter 2026 Results

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  "data": {
    "url": "https://www.prnewswire.com/news-releases/albemarle-reports-second-quarter-2026-results-302844113.html",
    "title": "Albemarle Reports Second Quarter 2026 Results",
    "excerpt": "CHARLOTTE, N.C. , Aug. 5, 2026 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB ), a global leader in providing essential elements for mobility, energy, connectivity and health, today announced its results for the second quarter ended June 30, 2026. Second Quarter 2026 and Recent Highlights (Unless otherwise stated, all percentage changes represent year-over-year comparisons and do not exclude the prior-period results of Ketjen's refining catalyst solutions business in which the company sold a 51% stake on March 2, 2026) (a) See Non-GAAP Reconciliations for further details. \"Albemarle delivered another quarter of strong results, reflecting improved pricing, continued strength in Specialties, disciplined cost and productivity execution, and strong cash generation,\" said Kent Masters, Chairman and CEO. \"We continue to see resilient demand fundamentals across our core markets, including energy storage, electric vehicles, and semiconductors. We are advancing our highest value organic growth opportunities while maintaining a disciplined approach to capital allocation and execution.\" Second Quarter 2026 Results In millions, except per share amounts Q2 2026 Q2 2025 $ Change % Change Net sales $ 1,743.3 $ 1,330.0 $ 413.3 31.1 % Net income attributable to Albemarle Corporation $ 480.0 $ 22.9 $ 457.1 1,996.2 % Adjusted EBITDA (a) $ 858.1 $ 336.5 $ 521.6 155.0 % Diluted income (loss) per...",
    "summary": "Albemarle Corporation reported net sales of $1.7433 billion for the second quarter of 2026, a 31.1% increase year-over-year.",
    "location": "Charlotte, North Carolina, USA",
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    "image_url": "https://mmx.prnewswire.com/media/MS254624/ALBEMARLE-CORPORATION-LOGO-updated.jpg?id=OA2824784&p=facebook",
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    "published_at": "2026-08-05T20:15:00Z",
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    "article_sentence": "Net sales for the second quarter of 2026 were $1.7 billion compared to $1.3 billion for the prior-year quarter, up 31%, driven primarily by higher prices in both Energy Storage and Specialties and volume growth in Specialties.",
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