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Albemarle Corporation (ALB) CEO Kent Masters on Q1 2020 Results - Earnings Call Transcript

May 07, 2020 1:46 PM ETAlbemarle Corporation (ALB)1 Comment
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Albemarle Corporation (NYSE:ALB) Q1 2020 Earnings Conference Call May 7, 2020 9:00 AM ET

Company Participants

Meredith Bandy - VP, IR and Sustainability

Luke Kissam - Former CEO

Kent Masters - Chairman, President, and CEO

Scott Tozier - EVP and CFO

Eric Norris - President, Lithium

Netha Johnson - President, Bromine Specialties

Raphael Crawford - President, Catalysts

Conference Call Participants

Unidentified Analyst - Bank of America Merrill Lynch

Robert Koort - Goldman Sachs

Unidentified Analyst - Deutsche Bank

Unidentified Analyst - BMO Capital Markets

James Sheehan - SunTrust Robinson Humphrey

Kevin McCarthy - Vertical Research Partners

Kendall Marthaler - Citi

Matthew Skowronski - UBS

Mike Sison - Wells Fargo

Colin Rusch - Oppenheimer


Good day ladies and gentlemen, welcome to the First Quarter 2020 Albemarle Earnings Conference Call. At this time all participants are in a listen-only mode. Later we will conduct a question-and-answer session and instructions will follow at that time. [Operator Instructions]. As a reminder this conference is being recorded. I would now like to introduce your host for today's conference Ms. Meredith Bandy, Vice President of Investor Relations and Sustainability. Maám please go ahead.

Meredith Bandy

Alright, thank you and welcome to Albemarle's first quarter 2020 earnings conference call. Our earnings were released after the close of the market yesterday and you'll find the press release, earnings presentation, and non-GAAP reconciliations posted on our website under the Investors section www.albemarle.com. Joining me on the call today are Luke Kissam, former Chief Executive Officer; Kent Masters, current Chief Executive Officer; Scott Tozier, Chief Financial Officer. Raphael Crawford, President, Catalysts; Netha Johnson, President, Bromine Specialties; and Eric Norris, President, Lithium are also available for Q&A.

As a reminder, some of the statements made during this conference call including our outlook, expected company performance, expected COVID-19 impacts, and proposed expansion projects may constitute

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