Albemarle lithium customers push for longer contracts - CEO [Reuters]
W.R. Grace & Co. (GRA)
Last w.r. grace & co. earnings: 4/30 06:00 am
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Source: Reuters
Albemarle Corp (ALB.N) Key Developments | Reuters.com May 10 (Reuters) - Albemarle Corp ::ALBEMARLE CORP CONTINUES TO SEE GLOBAL LITHIUM DEMAND AT OVER 800,000 METRIC TONS IN 2025 - CEO LUKE KISSAM.ALBEMARLE LITHIUM EXPANSION PLAN NOT ABOUT MARKET SHARE GAIN, AIMED AT MEETING LONG-TERM COMMITMENT TO CUSTOMERS - CEO.ALBEMARLE LITHIUM EXPANSION PROJECTS REMAIN "ON TRACK" WITH 2018 SPENDING SEEN AT $550-$675 MILLION - CEO.ALBEMARLE CONTINUES TO SEE OVERALL 2018 LITHIUM PRICING RISING OVER 2017 BY HIGH SINGLE DIGITS ON PERCENTAGE BASIS - PRESIDENT JOHN MITCHELL.ALBEMARLE SEEING BATTERY, CATHODE CUSTOMERS PUSHING FOR LONGER SUPPLY CONTRACTS, FROM 3-5 YEARS TO 10 YEARS - PRESIDENT MITCHELL.ALBEMARLE HAS ALMOST 100 PERCENT OF 2018 LITHIUM VOLUME COMMITTED IN LONG-TERM CONTRACTS - PRESIDENT MITCHELL.ALBEMARLE CONTINUES TO SEE 2018 LITHIUM ADJUSTED EBITDA MARGIN AVERAGING +40 PERCENT - CEO. Full Article April 19 (Reuters) - Albemarle Corp ::ALBEMARLE DECLARES FORCE MAJEURE DUE TO SHORTAGE O
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