Albemarle Corporation (ALB) Q2 2024 Earnings Call Transcript

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Albemarle Corporation (NYSE:ALB) Q2 2024 Earnings Conference Call August 1, 2024 8:00 AM ET

Company Participants

Meredith Bandy - VP, IR and Sustainability
Jerry Kent Masters, Jr. - Chairman, President, and CEO
Neal R. Sheorey - EVP and CFO
Netha N. Johnson, Jr. - President, Specialties Global Business Unit
Eric W. Norris - President, Energy Storage Global Business Unit

Conference Call Participants

Unidentified Analyst -
Stephen Byrne - Bank of America
Patrick Cunningham - Citigroup
Vincent Andrews - Morgan Stanley
Harris Fein - Wolfe Research
David Begleiter - Deutsche Bank AG
Stephen Richardson - Evercore ISI
Laurence Alexander - Jefferies
Kevin McCarthy - Vertical Research
Colin Rusch - Oppenheimer & Co.
David Deckelbaum - TD Cowen
John Roberts - Mizuho Securities

Operator

Hello and welcome to Albemarle Corporation's Q2 2024 Earnings Call. I will now hand it over to Meredith Bandy, Vice President of Investor Relations and Sustainability.

Meredith Bandy

Thank you and welcome everyone to Albemarle's second quarter 2024 earnings conference call. Our earnings were released after the market yesterday, and you'll find the press release and earnings presentation posted to our website under the Investor Section at albemarle.com. Also posted to our website is yesterday’s additional press release announcing our initiation of a comprehensive review of our cost and operating structure which we will also reference during our comments today. Joining me on the call today are Kent Masters, Chief Executive Officer; Neal Sheorey, Chief Financial Officer; Netha Johnson, President of Specialties; and Eric Norris, President of Energy Storage are also available for Q&A.

As a reminder, some of the statements made during this call, including our outlook, guidance, expected company performance and strategic initiatives may constitute forward-looking statements. Please note the cautionary language about forward-looking statements contained in our press release and earnings presentation which also applies to this call. Please also note

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