Albemarle Corporation to spend $1.3 Billion to expand into new space in Richburg South Carolina.
Richburg, South Carolina — According to state and local development sources, Albemarle Corporation plans to invest $1,300,000,000.00 to build out new space in Richburg. The company plans to occupy the new space in Richburg, on or about October 1, 2026. According to the company website Albemarle Corporation (NYSE: ALB), headquartered in Charlotte, NC, is a global specialty chemicals company with leading positions in lithium, bromine, and refining catalysts. We power the potential of companies in many of the worlds largest and most critical industries, from energy and communications to transportation and electronics. Working with our customers, we develop and customize solutions using the finest technology and ingredients with the knowledge and know-how of our highly experienced and talented team of operators, scientists, and engineers. Discovering and implementing new and better performance-based sustainable solutions motivates all of us. We think beyond business-as-usual to drive innovations that create lasting value.
To learn more about Albemarle Corporation, visit http://www.albemarle.com/
Company Contact:
Kent Masters, Chief Executive Officer
kent.masters@albemarle.com
800-535-3030
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