Subsidy Tracker Parent Company Summary
Parent Company Name:
Albemarle
Ownership Structure:
publicly traded (ticker symbol ALB)
Headquartered in:
Louisiana
Major Industry:
chemicals
Specific Industry:
chemicals
| Subsidy Summary | Subsidy Value | Number of Awards |
|---|---|---|
| State/Local | $37,758,567 | 30 |
| Federal (grants and allocated tax credits) | $31,847,234 | 6 |
| TOTAL | $69,605,801 | 36 |
| Loan / Bailout Summary | Total Face Value | Number of Awards |
| State/Local loans, bond financing and venture capital | $0 | 0 |
| Federal loans, loan guarantees and bailout assistance (not including repayments) | $0 | 0 |
| TOTAL | $0 | 0 |
Time Period for State and Local Awards:
Earliest year of data: 1997. Availability of data for earlier years varies greatly from program to program. The majority of the listings for this parent company are for the period since 2012.
Time Period for Federal Awards:
FY2000 to the present
Notes:
Dollar totals do not include awards for which no subsidy value is disclosed.
Links:
For a summary of this company's regulatory violations see its Violation Tracker summary page here.
| Top 5 States for state/local awards | Total Subsidy $ | Number of Awards |
|---|---|---|
| Louisiana | $15,706,188 | 11 |
| Arkansas | $13,112,711 | 6 |
| North Carolina | $8,839,668 | 12 |
| Pennsylvania | $100,000 | 1 |
Individual Subsidy Records:
Click on the company name for more information on each subsidy award.
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| Company | Location | Subsidy Source | Year |
Subsidy Value |
Loan/Bailout Value | Type of Subsidy |
|---|---|---|---|---|---|---|
| ROCKWOOD LITHIUM INC. | United States | federal | 2010 | $28,425,258 | federal grant | |
| ALBEMARLE CORPORATION | Arkansas | state | $8,615,502 | tax credit/rebate | ||
| Albemarle Corporation II | North Carolina | state | 2017 | $4,313,700 | grant | |
| Albemarle Corporation | Louisiana | state | 2010 | $3,521,126 | property tax abatement | |
| Albemarle Corporation | Louisiana | state | 2013 | $2,901,204 | property tax abatement | |
| Albermarle Corporation | North Carolina | state | 2015 | $2,720,000 | grant | |
| Albemarle Corporation | Louisiana | state | 2012 | $2,674,020 | property tax abatement | |
| Albemarle Corporation | Louisiana | state | 2011 | $1,984,522 | tax credit/rebate | |
| ALBEMARLE CORPORATION | Arkansas | state | 2010 | $1,931,954 | tax credit/rebate | |
| ALBEMARLE CORPORATION | Arkansas | state | 2010 | $1,758,114 | tax credit/rebate | |
| ALBEMARLE U.S. INC | United States | federal | 2021 | $1,392,660 | federal grant | |
| Albemarle Corporation | Louisiana | state | 2011 | $1,129,341 | tax credit/rebate | |
| Albemarle Corporation | Louisiana | state | 2011 | $878,787 | property tax abatement | |
| Albemarle Corporation | Louisiana | local | 2014 | $767,758 | property tax abatement | |
| Albemarle Corporation | Louisiana | local | 2017 | $717,679 | property tax abatement | |
| ALBEMARLE CORPORATION | United States | federal | 2002 | $685,290 | federal grant | |
| ALBEMARLE CORPORATION | United States | federal | 2001 | $673,652 | federal grant | |
| ALBEMARLE CORPORATION | United States | federal | 2000 | $629,707 | federal grant | |
| ALBEMARLE CORPORATION | Arkansas | state | 2010 | $614,242 | tax credit/rebate | |
| Albemarle Corporation | Louisiana | state | 2015 | $510,662 | property tax abatement | |
| Albemarle US, Inc. | North Carolina | state | 2018 | $381,546 | tax credit/rebate | |
| Albemarle Corporation | Louisiana | state | 2009 | $327,707 | property tax abatement | |
| Albemarle Corporation | Louisiana | state | 2008 | $293,382 | property tax abatement | |
| Rockwood Lithium, Inc. | North Carolina | state | 2016 | $262,082 | tax credit/rebate | |
| Albemarle Foundation | North Carolina | local | 2015 | $232,220 | grant | |
| Rockwood Lithium, Inc. | North Carolina | state | 2017 | $228,286 | tax credit/rebate | |
| Albemarle Corp. | North Carolina | local | 2015 | $204,722 | grant | |
| ALBEMARLE CORPORATION | Arkansas | state | $186,899 | tax credit/rebate | ||
| Albemarle Foundation | North Carolina | local | 2015 | $136,280 | grant | |
| Albemarle Corporation | North Carolina | local | 2015 | $129,011 | grant | |
| Albemarle U.S., Inc. | North Carolina | state | 2019 | $111,353 | tax credit/rebate | |
| Albemarle Corporation | Pennsylvania | state | $100,000 | grant | ||
| Albemarle Corporation | North Carolina | local | 2015 | $75,711 | grant | |
| Rockwood Lithium, Inc. | North Carolina | state | 2014 | $44,757 | tax credit/rebate | |
| Rockwood Lithium Inc | United States | federal | 2012 | $40,667 | federal grant | |
| ALBEMARLE CORPORATION | Arkansas | state | 2015 | $6,000 | training reimbursement | |
| DSM PHARMA CHEMICALS NORTH AMERICA INC | Michigan | local | 1997 | undisclosed | property tax abatement | |
| DSM PHARMA CHEMICALS NORTH AMERICA INC | Michigan | local | 1998 | undisclosed | property tax abatement | |
| DSM PHARMA CHEMICALS NORTH AMERICA INC | Michigan | local | 2000 | undisclosed | property tax abatement | |
| DSM PHARMA CHEMICALS NORTH AMERICA INC | Michigan | local | 2003 | undisclosed | property tax abatement | |
| ALBEMARLE CORPORATION | Michigan | local | 2007 | undisclosed | property tax abatement | |
| ALBEMARLE CORPORATION | Michigan | local | 2009 | undisclosed | property tax abatement | |
| ALBEMARLE CORPORATION | Michigan | local | 2011 | undisclosed | property tax abatement |
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