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Albemarle Reports Second-Quarter Results


Albemarle Reports Second-Quarter Results
ALBemarle Corporation today announced its results for the second quarter ended June 30, 2021 . Second Quarter 2021 Highlights Net income of $424.6 million or $3.62 per diluted share, including a gain on the sale of Fine Chemistry Services business Adjusted diluted EPS of $0.89 an increase of 4% Net sales of $773.9 million an increase of 1%; Net sales increased 5% excluding FCS Adjusted EBITDA of $194.6 million an …
ALBemarle Corporation (NYSE: ALB) today announced its results for the second quarter ended June 30, 2021 .
Second Quarter 2021 Highlights
(Unless otherwise stated, all percent changes are based on year-over-year comparisons)
Net income of $424.6 million , or $3.62 per diluted share, including a gain on the sale of Fine Chemistry Services (FCS) business ....

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The scandal in Port Harcourt refinery


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ABRACADABRA is now commonly used as an incantation in the performance of magic. Literally it is used as the more you look, the less you know or see. Abracadabra is the best word to describe what is going on in Port Harcourt Refinery. The Refinery is situated at Alesa Eleme, which is 19kilometres from Port Harcourt city. I have visited the refinery thrice. Twice I accompanied my two bosses, Alhaji Gidado Idris, GCON and Chief Ufot Ekaette, CFR, both late Secretaries to the Government of the Federation. My last visit to the refinery was three years ago with a friend, who once worked in the refinery. One needs to see the refinery. The scandal in Port Harcourt Refinery is so deep that it cant be uncovered by the most competent spy master in the world.  The Port Harcourt Refining Company,(abbreviated PHRC), is a  Nigeria-based oil and gas company primarily specializing in the refining of crude oil into petroleum products. The company is a subsidiary of the Nigerian National ....

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