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