Company Overview of FutureFuel Chemical Company, Inc.
FutureFuel Chemical Company, Inc. manufactures specialty organic chemicals products. It offers biofuels products, including biodiesel, bioethanol, and lignin/biomass solid fuels; and bio-based specialty products, such as lubricants, solvents, and intermediates. The company was formerly known as Eastman SE, Inc. and changed its name to FutureFuel Chemical Company, Inc. in October 2006. The company is based in Batesville, Arkansas. FutureFuel Chemical Company, Inc. operates as a subsidiary of FutureFuel Corp.
2800 Gap Road
PO Box 2357
Batesville, AR 72501
Key Executives for FutureFuel Chemical Company, Inc.
Executive Vice President and General Manager
Executive Vice President of Business & Marketing
Compensation as of Fiscal Year 2015.
FutureFuel Chemical Company, Inc. Key Developments
FutureFuel Chemical Company Signs Contract Amendment to Extend the Supply of NOBS to Procter & Gamble
Oct 1 15
FutureFuel Corp. announced that on September 30, 2015, its subsidiary, FutureFuel Chemical Company signed a contract amendment to extend the supply of NOBS, a bleach activator laundry additive, to Procter & Gamble (P&G) through 2018. P&G previously expressed its intent to terminate the NOBS supply arrangement effective December 31, 2015, but it has now been reinstated on amended terms. The amendment provides for sales of NOBS to P&G in reduced volumes with adjusted pricing during 2015-2018 to account for revised market conditions.
FutureFuel Corp., FutureFuel Chemical Company Enter into Credit Agreement
Apr 22 15
On April 16, 2015, FutureFuel Corp. with FutureFuel Chemical Company, the company's wholly owned subsidiary, as borrowers, and certain of the company's other subsidiaries, as guarantors, entered into a credit agreement with the lenders party thereto, Regions Bank as administrative agent and collateral agent and PNC Bank, N.A., as syndication agent. The new credit facility consists of a five-year revolving credit facility in a amount of up to $150,000,000, which includes a sublimit of $30,000,000 for letters of credit and $15,000,000 for swingline loans. The Company will be permitted to use net proceeds of any borrowings under the Credit Facility for working capital and other general corporate purposes.
FutureFuel Chemical Company Hires Paul M. Flynn as New Executive Vice President of Business and Marketing, Effective August 1, 2014
Jul 9 14
On July 2, 2014, FutureFuel Chemical Company hired Paul M. Flynn to become its new Executive Vice President of Business and Marketing effective August 1, 2014. Mr. Flynn is a global business executive with 25 years of international experience in over 30 countries in the chemical and biotech industries. For the last six years he has been employed in corporate strategy at Monsanto Company, most recently leading the development of a new biologicals growth platform. Prior to joining Monsanto, he led strategy and business development for Specialty Plastics, a division of Eastman Chemical. The Employment Agreement has an initial term of one year commencing August 1, 2014, renewable annually thereafter.
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