Investor Presentation JP Morgan -- Global Leaders 1x1 Forum

Lorin Crenshaw, VP, Treasurer & Investor Relations

June 4, 2014

Forward Looking Statement

Some of the information presented in this document and discussions that follow, including, without limitation, statements with respect toproduct development, changes in productivity, market trends, price, volume and mix changes, expected growth and earnings, inputcosts, surcharges, tax rates, stock repurchases, dividends, economic trends, outlook and all other information relating to matters thatare not historical facts may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of1995. There can be no assurance that actual results will not differ materially. Factors that could cause actual results to differ materiallyinclude, without limitation: changes in economic and business conditions; changes in financial and operating performance of our majorcustomers and industries and markets served by us; the timing of orders received from customers; the gain or loss of significantcustomers; competition from other manufacturers; changes in the demand for our products; limitations or prohibitions on themanufacture and sale of our products; availability of raw materials; changes in the cost of raw materials and energy and in our ability topass through such increases; acquisitions and divestitures, and changes in performance of acquired companies; changes in ourmarkets in general; fluctuations in foreign currencies; changes in laws and government regulation impacting our operations or ourproducts; the occurrence of claims or litigation; the occurrence of natural disasters; the inability to maintain current levels of product orpremises liability insurance or the denial of such coverage; political unrest affecting the global economy, including adverse effects fromterrorism or hostilities; political instability affecting our manufacturing operations or joint ventures; changes in accounting standards; theinability to achieve results from our global manufacturing cost reduction initiatives as well as our ongoing continuous improvement andrationalization programs; changes in the jurisdictional mix of our earnings and changes in tax laws and rates; changes in monetarypolicies, inflation or interest rates that may impact our ability to raise capital or increase our cost of funds, impact the performance of ourpension fund investments and increase our pension expense and funding obligations; volatility and substantial uncertainties in the debtand equity markets; technology or intellectual property infringement, including cyber security breaches, and other innovation risks;decisions we may make in the future; and the other factors detailed from time to time in the reports we file with the SEC, including thosedescribed under "Risk Factors" in our Annual Report on Form 10-K and our Quarterly Reports on Form 10-Q.

It should be noted that this presentation contains certain financial measures, including Net Sales, and Segment Income, that are notrequired by, or presented in accordance with, accounting principles generally accepted in the United States, or GAAP. These measuresare presented here to provide additional useful measurements to review our operations, provide transparency to investors and enableperiod-to-period comparability of financial performance. A description of non-GAAP financial measures that we use to evaluate ouroperations and financial performance, and reconciliation of these non-GAAP financial measures to the most directly comparablefinancial measures calculated and reported in accordance with GAAP, can be found in the Investors section of our website atwww.albemarle.com, under “Non-GAAP Reconciliations” under “Financials.”

2

Seasoned Leadership Team – Combined 90+ years of experience

3

Luke Kissam CEO

• 20+ yrs of chemicals industry experience

• Fmr. President, Mfg. Head & General Counsel

Scott Tozier Sr. VP & CFO

• 20+ yrs int’l financial management

• 3 yrs with Albemarle

Ron Zumstein Sr. VP Manufacturing & Supply Chain

• 25 yrs with Albemarle in manufacturing, R&D & HS&E leadership roles

Susan Kelliher Sr. VP – Human Resources

• 20+ yrs HR experience

• 2 years with Albemarle

Karen Narwold Sr. VP & General Counsel• 20+ yrs in industrials & chemicals

• 3 yrs with Albemarle

Matt Juneau Sr. VP – President Performance Chemicals

•30 yrs with Albemarle; Led global sales, Performance Chemicals & Custom Services

David Klanecky

VP Strategy & Corporate Development•20 yrs of global business and R&D leadership

D. Michael Wilson Sr. VP – President Catalyst Solutions

•20+ years global business leadership

•Experience in both specialty & commodity

Dave Clary VP & Chief Sustainability Officer

•27 yrs with Albemarle R&D, business mgmt., technology and advocacy roles

Organizational Structure Supports Strategy Execution

Catalysts

• Leading supplier of top performance catalysts and related services to the oil refining and plastics industries

Bromine Derivatives

• Leading supplier of fire safety solutions

• Completion fluids, crop protection, pollution control and food safety

• Lowest cost bromine sourcing platform

Custom Manufacturing

• Leading custom mfr. within targeted ag, renewable chemistry, specialty pharma and electronic materials markets

Performance Chemicals

Catalyst Solutions

Fire Safety Solutions

Specialty Chemicals

Fine Chemistry Services

Refinery Catalyst

Solutions

4

Non-Flame Retardant Bromine Derivatives, Specialty Materials, and Curatives

Custom Manufacturing

Bromine and Mineral Flame Retardants

Performance Catalyst

Solutions

Net Sales Distribution*

59%

41%

By Business

Performance

Chemicals

Catalyst

Solutions

41%

20%

39%

By Region

North

America

Western

Europe

Rest of World

*Financial data excludes the impact of rare earth and the recently announced proposed divesture of ALB’s antioxidant, ibuprofen and propofol businesses and assets

2013 Net Sales: $2.4B

Proprietary Information of Albemarle Corporation

Catalyst Solutions Performance Chemicals

Performance Catalyst Solutions

Refinery Catalyst Solutions

Fire Safety Solutions

Specialty Chemicals

Fine Chemistry Services

Common Customers: Deeper Wallet Penetration & Strategic Relevance

Shared R&D: Proprietary Expertise (Organic / Inorganic), Processes, Cross Fertilization of Ideas

Core Capabilities Overlap: Materials Handling Expertise, Technological, Manufacturing & Operations, Chemicals Analysis

Supply Chain Efficiencies: Common Raw Materials, Joint Worksites

Shared Processes: One Albemarle Strategy

5

Faster speed to market

Greater share of customer wallet and solutions breadth

Raw materials savings and optionality

Stronger R&D innovation platform

Integrated Platform Increases Speed to Market, Customer Influence, Supplier Leverage & Innovation

Proprietary Information of Albemarle Corporation

Refining / Oilfield

Services

Plastics /

Packaging

Industrials

Other

Lubricants

Exceptional Market Diversity

6

Two Core Technologies – Catalysts and bromine Derivatives –Yield Board End Market Diversity

Performance

Chemicals Catalyst

Solutions

(TT

M %

of

sale

s a

s o

f (1

Q1

4)

Other

Oilfield

Services

Electronics

Pharma

Industrials

Construction

/Furnishing

Plastics

Automotive

Lubricants

Agriculture

Personal Care Utilities

Proprietary Information of Albemarle Corporation

• Well positioned to capitalize on catalysts and bromine market trends with major investments already in place

• Productivity enhancements to drive improved profitability and ROCE

» At target bromine and PCS catalyst utilization rates, ALB has the potential to drive segment margin improvement to 26% - 29%

» Both catalyst and bromine enjoy incremental margins in the range of 50%

• Portfolio management» Recent exits expected to deliver 100 to 150

bps margin increase

Substantial Earnings Potential with Minimal Incremental Capital Spend

7

24%

26%26%

22%

26% - 29%

2010 2011 2012 2013 Target

Total Segment Margins*

Meaningful operating leverage per incremental MT of catalysts and bromine sold

*Financial data for 2010 – 2013 excludes the impact of rare earth and the recently announced proposed divesture of Albemarle’s antioxidant, ibuprofen and propofol businesses and assets

*Segment margins do not include corporate expenses

Catalyst Solutions Overview

8

Growth Drivers• Rising fuel consumption

• More stringent air quality mandates

• Investments in conversion capacity

• Infrastructure spending

• Growing middle class wealth

• Prospective PE/PP capacity additions in NA

Principal Competitors • FCC: W.R. Grace, BASF

• HPC: Criterion Catalysts, Haldor Topsoe, Advanced

Refining Technologies

• Polymer Catalysts: Akzo, Chemtura

• Electronic Materials: Akzo, Dow, SAFC Hitech

Customers• FCC: Global oil refiners (e.g., Exxon Mobil, Shell)

• HPC: Global oil refiners

• Polymer Catalysts: Global PE / PP mfrs (e.g., Dow)

• Electronic Materials: LG, Samsung , among others

Financial Summary*

Sales: $1.0B

Segment Income: $0.22B

Segment Margin: 22%

Barriers to Entry • Technology / Product Performance

• Track Record of Innovation and New Investments

• Technical Service / Customer Knowledge

• Complex Chemistry & Materials Handling

• Trade Secrets / Intellectual Property

• Reliability and security of catalyst supply

(% o

f sa

les

as

for

20

13

*)

*Financial data excludes the impact of rare earth and the recently announced proposed divesture of ALB’s antioxidant, ibuprofen and propofol businesses and assets

24%

76%

By Business

PCS

RCS

44%

35%

21%

By Region

Americas

EUMEI

Asia Pacific

SegmentMarket

Position

FCC Catalysts 2

Max Propylene 1

Resid 2

Distillates 1

Vacuum Gas Oil 2

Reactivation Technology 1

Organometallics 1

MAO 1

Custom Single Site Catalysts /Metallocenes

1

Market Position

9

Clean Fuels Technologies

Heavy Oil Upgrading

Performance Catalyst Solutions

Core Strengths

• Deep customer understanding

• Heavy investment in R&D

• Global footprint

• Unparalleled network of partnerships and alliances

• Breath and depth of talent

We are leaders in our core segments

Market Driver Innovation Value to Customer

Global Fuel Consumption ACTION™ FCC catalysts • Enhances transportation fuels and alky feedstock

• Raises octane value of gasoline

Heavier Crudes UPGRADER™ FCC catalysts • Upgrades resids and heavy, contaminatedfeedstocks

Maximum Propylene AFX™ FCC catalysts • Maximizes propylene (chemical feedstock) and bottoms conversion

Tight Oil AMBER T™ and UPGRADER T™ FCC catalysts

• Tuned to optimize tight oil processing

Global Fuel Consumption REACT™ catalyst rejuvenation technologySTAX™ advanced performance modeling

• Enhances fresh catalyst value offering• Maximizes value from the use

of catalyst

Clean Air Mandates Nebula™ platform • Avoids capex

Tight Oil Ketjenguard® guard-bed catalystplatform

• High capacity contaminant trapping for main-bed catalyst protection

Customers Demanding Innovative Polymers

Activcat™ Single Site Catalyst (SSC) platformMethylaluminoxane (MAO)Aluminoxane activator

• Enabler of favorable polymer economics by lowering the overall cost-in-use of the catalyst system

• Dependable metallocene activator supply to meet growing specialty polymer demand

NA Shale Oil Driven Expansions / Growing Consumerism

Triethylaluminum (TEA) Aluminum alkyls organometallicAdvantage® Ziegler Natta catalyst platform

• Dependable co-catalyst and catalyst supply to meet growing polymer demand

• High performance catalysts for polyethyleneproduction

LED Emergence / Growing Consumerism

PureGrowth™ High Purity Metal Organics platform for electronics

• Alternative source of high quality key ingredient for electronics / LED industry

Capitalizing on Market Trends

10

Clean Fuels Technologies

Heavy Oil Upgrading

Performance Catalyst

Solutions

Global FCC Catalyst Demand Driven by:

• Continuous investment in refining capacity for transportation fuels with demand shifting to developing regions

» Large scale and efficient refinery additions and revamps in AP, China and ME to meet increased regional demand

» FCC flexibility required to maximize profitability from different unit designs, varying feed qualities and desired product slate across the globe

» FCC innovation driven by atypical feeds such as tight oil and increased resid feed processing

• Pursuit of integrated refinery-petrochemical facilities

» Ongoing shale boom favors ethane-based steam cracking and less light olefin co-products

» Maximize production of light olefins such as propylene in the FCC unit to fill the supply

» New FCC units built to maximize propylene output

11

Gasoline Consumption by Region, bcm

0

500

1000

1500

2000

2500

3000

3500

4000

4500

5000

2010 2015 2020 2025

Sources: HIS CERA, LUKOIL estimates

0

10

20

30

40

50

60

70

80

90

Jan-04 Jan-05 Jan-06 Jan-07 Jan-08 Jan-09 Jan-10 Jan-11 Jan-12 Jan-13 Jan-14

To

tal

Cata

lyst

Co

nsu

mp

tio

n (

ktp

y)

FCC Max Propylene Market Evolution

China

Other non-OECD

Other OECD

North America

HOU: FCC Catalyst Demand Driven by Propylene Growth and Increased Transportation Fuels Demand

CFT: Catalyst Growth Will Be Accelerated by Clean Air Mandates

Global HPC Demand Growing:• Substantial global capacity additions in

refineries for hydroprocessing & hydrocracking

Driven by Combination of: • Steady increase of demand for transportation fuels,

driven by rising global passenger car ownership and

expansion of commercial vehicles fleet

• Increasingly stringent fuel standards across

the globe

» ULSD implementation in China, Latin America,

CIS and other regions

» Tier 3 gasoline in NA

» Tighter emission standards for marine fleet

• Changing crude slates and increasing conversion of

bottom-of-the-barrel

12

Desulfurization Capacity Requirements (2012 – 2035)

Sulfur Standards per Region

Mb

/d

10-15 ppm

16-50 ppm

51-350 ppm

351-500 ppm

501-2000 ppm

>2000 ppm

Source: Hart Energy Research & Consulting, September 2013

Source: Hart Energy Research & Consulting, September 2013

0

1

2

3

4

5

6

7

US &Canada

LatinAmerica

Africa Europe Russia &Casplan

Middle East China Other Asia-Pacific

Vacuum Gas Oil/Residual Fuel

Middle Distillates

Gasoline

0%

20%

40%

60%

80%

100%

ConventionalCrude Oil

Tight Oil

LPG

Naphtha

Distillate

Gas oil

Resid

Source: Management estimates

Implications of Tight Oil

13

0

1

2

3

4

5

2010 2015 2020 2025

Forecast for Shale Oil Production in the U.S., mb/d

What is Tight Oil?

• Liquid hydrocarbons obtained by hydraulically fracturing shale formations; today a NA phenomenon

• Typically a light, sweet, paraffinic feed

• Generally easy to crack, but often contains uncommon FCC contaminant metals - primarily iron, calcium, sodium and lead

CFT

• Although lower in sulfur, tight oil requires additional guard bed catalysts to protect the main bed catalysts from iron poisoning

• Albemarle’s robust portfolio of guard bed catalysts is well-suited to handle these conditions

HOU

• The paraffinic and contaminant metals nature of tight oils creates new FCC unit constraints that can result in subpar profitability

• Albemarle’s AMBERTM T and UPGRADERTM T are specially formulated to optimize FCC units processing tight oil

Implications and Opportunities

Source: EIA, LUKOIL estimates

Our robust portfolio of catalyst solutions handles a broad array of feed characteristics

Yeosu, Korea

• Single-site catalyst production

• State-of-the-art research & operations center

• Metal organics expansion to support electronic materials growth platform

SOCC, Saudi Arabia

• JV with SABIC

• First TEA facility in the region

• Meeting security of supply and demand needs for polyolefin producers in Middle East

HTE & Polymer Lab, U.S.

• HTE capabilities in Amsterdam,

Baton Rouge and Bayport

• Parallel Polymerization Reactor

system facilitates up to 48

experiments per run

Catalyst Innovation Center, U.S.

• 5,400 square foot state-of-the-art laboratory complex

• Supports R&D efforts for Albemarle’s rapidly growing polyolefin catalyst portfolio

• Hosts eight new chemical synthesis stations

PCS: Investments in Future Growth

14

Catalyst Solutions Business Outlook

15

• Refinery catalysts fundamentals solid, 2014 growth driven by:

» More normal FCC turnarounds compared to 2013

» Continued strong FCC demand and new customer wins

» Metals contamination in tight oil and heavier crude slate favoring our technology

» More stringent sulfur standards taking effect worldwide

• PCS long term trajectory favorable driven by continued market shift toward higher value, metallocene-based polyolefin products

» 2014 growth offset by fixed costs associated with recent expansions

» Emerging markets increasingly focus on higher value products, as incomes rise

» Increased demand for LED technology expected

Catalyst Solutions New Product VelocityGlobal Polymer Demand

0

50

100

150

200

250

300

1998 2003 2008 2013 2018

Rest of World

Middle East

Rest of Asia

China

North America

Europe

+3.1% +3.9% +3.9%

x% = Compound annual growth rate

Dem

an

d, M

t/y

Source: The Catalyst Group Resources

37% 39%

50% 49%

56%59% 58%

2007 2008 2009 2010 2011 2012 2013

2011 2012 2013 Price ManufacturingExcellence

PortfolioManagement

CapacityUtilization

AdditionalCosts

Normalized

20%

24% - 27%

22%20%

Segment Income Margins

Catalyst Solutions: Delivering Sustained Results

16

* Financial data for 2011-2013 excludes the impact of rare earth

45%

38%

17%

By Business

FSS

SPC

FCS

Performance Chemicals Overview

17

Growth Drivers• Energy demand & increased deep water drilling driving completion fluids

• Clean air regulations bolstering mercury control

• Growing population & higher protein diets will trigger improved food safety

• Demand for process R&D and rapid commercialization services

• Surging data traffic requiring high-end servers

• Automotive electronics driving growth

• Prospect of fire safety standards in BRICs

Principal Competitors • FRs & Br Derivatives: ICL & Chemtura

• Mineral FRs: Nabaltec, J.M. Huber, Kyowa Chemical

• Fine Chemistry Services: Sigma Aldrich, Lonza, BASF, Clariant

• Curatives: BASF, Chemtura, Songwon

Customers• Drilling and oil service, agriculture, pharmaceutical and water treatment

companies among a multitude of other chemical manufacturers and

processors

• Plastic compounders, suppliers and distributors, semiconductor makers, and

other specialty chemical companies

Financial Summary*

Sales: $1.4B

Segment Income: $0.32B

Segment Margin: 23%

Barriers to Entry • Technology / Product Performance

• Access to bromine

• Commercially cost effective

• Speed to Market

• Long history of performance and reliability

• Trade secrets related to bromine derivatives

(% o

f sa

les

as

for

20

13

*)

48%

29%

23%

By Region

AM

EUMEI

AP

*Financial data excludes the recently announced proposed divesture of ALB’s ibuprofen and propofol businesses and assets

Strong Core of Bromine & Derivatives with High Value

18

2004 2007 2010 2013

Fire Safety Solutions Specialty Chemicals

Gross Profit from Bromine-based Products Relative Contribution/Kg Bromine Utilized(2013)

Diverse Bromine and Bromine Derivatives Offering

Delivering Attractive High Value Margins

0 2000 4000 6000 8000 10000 12000

Seawater

China

India Concentrate

Michigan

Arkansas

Dead Sea

Dead Sea Concentrate

Competitive

Noncompetitive

80%

20%

Competitive Noncompetitive

2014 Global CapacityALB & ICL

ALB & CHMT

Closed in 2006

UK plant in 2003. France plant in 2005.

Leading Bromine Sourcing Position

19

Only producer with access to the two best sources of bromine

(ppm)

Well-positioned to Capitalize on New Demand for FRs

20

Best product portfolio for widest range of electrical and electronic applications across all markets

21

Performance Chemicals Business Outlook

• Favorable offshore, deep water drilling fundamentals driving continued growth in clear completion fluids demand

• Servers and automotive electronics and TV stability increases offsetting lower growth areas in TV and PCs

• Elemental bromine growth is expected based on an improved bromobutyl rubber market

• New JBC capacity providing flexibility to Asia and Middle Eat demand and beginning to pay dividends

Vehicle Penetration by Country (2013)(Car ownership per 1,000 people)

0

10

20

30

40

50

60

India China Brazil WesternEurope*

US

Estimated Circuit Board FR Consumption per Device(weighted by device unit sales)

Server

Desktop

Laptop

Tablet +Mobile Phone

Source: Infineon; BofA Merrill Lynch Global Research estimates; World Bank; IHS; KPMG; Management estimates.*Western Europe includes: EU-15 plus Norway and Switzerland.

Performance Chemicals: Delivering Sustained Results

22

26% 26%

21%

2011 2012 2013 Mineral FRImprovement

PortfolioManagement

Price Bromine @80% Utilization

AdditionalCosts

Normalized

27% - 30%

Segment Income Margins

Operating Segment

Revenue Growth Targets

2013 SegmentMargin*

Segment Margin Target

Growth and Profitability Drivers

1.0x - 2.0x GDP 22% 24% - 27%

• Improve asset utilization• High incremental margins• Market trends• New products

1.0x – 1.5x GDP 23% 27% - 30%

• Improve asset utilization• High incremental margins• Improvement in electronics

and mix shift• New uses of bromine• Market trends

1.0x – 2.0x GDP 22% 26% - 29%• Committed to higher return on capital

• Continued focus on cost efficiency

Financial Outlook & Earnings Potential

Catalyst Solutions

Performance Chemicals

23

Total Company

*Financial data for 2013 excludes the impact of rare earth and the recently announced proposed divesture of Albemarle’s antioxidant, ibuprofen and propofol businesses and assets

*Segment margins do not include corporate expenses

Market trends, asset utilization & portfolio actions drive growth & profitability

37

46

65

AlbemarleCorporation

Median Upper Quartile

~$88M potential impact

5957

53

AlbemarleCorporation

Median Upper Quartile

Working Capital: Substantial Cash Flow Opportunity

Days Payable OutstandingDays Inventory Outstanding

94

6257

AlbemarleCorporation

Median Upper Quartile

Source: Hackett Group Peer Study – 2013. Peers: PolyOne, Celanese, Ashland, Grace, Sherwin-Williams, Akzo Nobel, BASF, Huntsman, RPM, Clariant, Chemtura

Days Sales Outstanding

24

~$165M potential impact

~$27M potential impact

Committed to delivering $100M in permanent working capital savings by 2015 with upside opportunity

$1.2B

$0.3B

$0.9B

$1.6B

Continued Disciplined Approach to Capital Allocation

Outlook

• Committed to continued dividend growth

• CAPEX in the range of 4% of sales

• Working capital reduction of $100M by 2015

• Disciplined M&A

• No voluntary pension contributions in 2014

• Maintain investment grade credit rating

• Continued use of excess cash flow to fund share buybacks

2004-2013($ in millions)

25

Total Return of Capital (buybacks & dividends)

CAPEX

Pension Contributions & Other

Acquisitions

1x Net-Debt-to-EBITDA guideline = flexibility and consistent return of cash