More on Albemarle (ALB): FQ4 misses across the board as total sales declined by 9.8% Y/Y. The...

|About: Albemarle Corporation (ALB)|By:, SA News Editor

More on Albemarle (ALB): FQ4 misses across the board as total sales declined by 9.8% Y/Y. The company attributes the miss to its exit from the phosphorus flame retardants business, lower metals surcharges and pricing on certain products, particularly in its catalyst unit. The unit was impacted by higher start-up costs from its two greenfield polyolefin catalysts expansions, plus an unfavorable mix in refinery catalysts.