IHS Chemical Week

People & Business :: Companies

Albemarle changes pension reporting method

10:05 AM MST | November 16, 2012 | Vincent Valk

Albemarle is changing its pension accounting method to mark-to-market (MTM) accounting, effective for the 2012 fiscal year, the company says. The new method will be used when the company reports is annual results. This MTM accounting will reduce Albemarle’s pension obligations by $45 million, or 32 cts/share, during the 9 months ended 30 September, the company says. "We believe this accounting change will provide greater transparency to our operating results that will allow investors to more clearly evaluate the company's underlying operating...

This information is only available to Chemical Week subscribers.


Forgot your user ID or password?
Click here to have it sent to you.

Not an IHS Chemical Week subscriber yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine a year in print or digital format
  • Real time news and analysis on chemweek.com 
  • 20+ years of online archives
  • Topical e-newsletters that capture the most impactful events
  • Special issues with a regional or company focus
  • Global Outlook issue

Subscribe now


contact us | about us | privacy policy | sitemap

ihsCopyright © IHS, Inc.All rights reserved.Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa