COVID Stimulus Watch Individual Entry

Recipient Company:
ALBEMARLE CORP
Loan or Loan Guarantee Amount:
$1,076,633

Recipient Details

Ownership Structure: publicly traded (ticker symbol ALB)

Award Details

Award Date: Jul 10, 2020
Award Type: loan
Award Details: Amount represents the purchase price of company bonds bought by the Fed.
Program Name: Secondary Market Corporate Credit Facility
Awarding Agency: Federal Reserve
Data Source for Award:
https://www.federalreserve.gov/publications/reports-to-congress-in-respo...

Parent Company Data

Parent Company: Albemarle
Headquartered in: Louisiana
Parent Sector: chemicals
Parent Industry: chemicals
Employees (prior to pandemic): 6,000

Accountability Issues Since 2010

Employment icon
Good Jobs First has no data in this category
Contracting icon
Good Jobs First has no data in this category
Environment icon
Environmental / Healthcare / Safety Penalties: $618,450
ConsumerProt icon
Good Jobs First has no data in this category
CEOpay icon
Ratio of CEO Pay to that of Median Worker: 110 to 1
CEO Compensation: $8,521,584
Worker Median Pay: $77,782
Tax icon
Total Federal, State, and Local Subsidies: $58,093,662
Subsidy Tracker
Violation Tracker

Details on Accountability data sources