August 29, 2016 11:55 PM ET

Chemicals

Company Overview of FutureFuel Chemical Company, Inc.

Company Overview

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

United States

Phone:

870-698-3000

Key Executives for FutureFuel Chemical Company, Inc.

Chief Financial Officer
Age: 49
Executive Vice President and General Manager
Age: 67
Executive Vice President of Business & Marketing
Age: 49
Compensation as of Fiscal Year 2016.

FutureFuel Chemical Company, Inc. Key Developments

FutureFuel Chemical Company Signs Contract Amendment to Extend the Supply of NOBS to Procter & Gamble

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

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.

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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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