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Albemarle's CEO Discusses F2Q12 Earnings Results - Earnings Call Transcript

Albermarle Corporation (ALB)

F2Q12 Earnings Call

July 18, 2012 9:00 am ET


Lorin Crenshaw – Director of Investor Relations & Communications

Luther C. Kissam, IV – Chief Executive Officer & Director

John M. Steitz – President & Chief Operating Officer

Scott A. Tozier – Chief Financial Officer, Senior Vice President & Chief Risk Officer


David Begleiter – Deutsche Bank Securities

PJ Juvekar – Citi

Laurence Alexander – Jefferies & Co.

Analyst for Robert Koort – Goldman Sachs

Kevin McCarthy – Bank of America Merrill Lynch

Mike Ritzenthaler – Piper Jaffray

Jeffery Zekauskas – JP Morgan

Michael Sison – Keybanc Capital Markets

Steven Schwartz – First Analysis Corp.

Dmitry Silversteyn – Longbow Research

Edward Yang – Oppenheimer & Co.

Christopher Shaw – Monness, Crespi, Hardt & Co.



Welcome to the Albermarle Corporation earnings conference call. At this time all participants are in listen only mode. We will be facilitating a question and answer session towards the end of today’s conference. (Operator Instructions) I would now like to turn the presentation over to your host Mr. Lorin Crenshaw, Director of Investor Relations and Communications.

Luther C. Kissam, IV

Welcome everyone to Albermarle’s second quarter 2012 earnings conference call. Our earnings were released after the close of the market yesterday and you’ll find out press release, earnings presentation, and non-GAAP reconciliations posted on our website under the investor’s section at Joining me on the call today are [Lu] Kissam, Chief Executive Officer; John Steitz, President and Chief Operating Officer; and Scott Tozier, Chief Financial Officer.

As a reminder, some of the matters discussed during this conference call and webcast may include forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Please note the cautionary language about our forward-looking statements contained in our press release. That same language applies to this call. Also, to the extent we discuss any non-GAAP financial measures, you will find reconciliations in our press release which is posted on our website at

With that I’ll turn the call over to [Lu].

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