Share price

IOSP is at $13.60 as of Sep 8th 2010 at 16:00 ET 0.41

FAQs

What size of company is Innospec?

Innospec Inc. is an international specialty chemicals company with almost 1,000 employees in 23 countries and a turnover of almost $600 million. We have manufacturing sites all over the world and an extensive network of sales teams built around regional offices in the Americas, Europe, Middle East and Africa and Asia-Pacific. Innospec stock is listed on NASDAQ (IOSP).

What products and services does Innospec offer?

Our Fuel Specialties business specialises in manufacturing and supplying the fuel additives that help improve fuel efficiency, boost engine performance and reduce harmful emissions whether it is petroleum-based fuels, coal or biofuels. We are talking everything from lubricity and cold flow improvers to antioxidants, detergents and stabilisers.

Our Active Chemicals business develops bespoke technologies for the Personal Care; Household, Industrial & Institutional; Aroma Chemicals; Plastics & Polymers and Pulp & Paper markets. We manufacture EVA and PE waxes, surfactants and emollients, aromas, chelating agents and static dissipators. Our highly flexible solutions are used to improve a particular manufacturing process or the performance of a finished product.

Our Octane Additives business is the world's only producer of tetra ethyl lead, an octane enhancer used in automotive gasoline for vehicles that run on leaded fuel. We can also provide a complete decommissioning and remediation service for redundant lead alkyl blending and other chemical plants.

When was Innospec established?

Two years ago our company went through a major transformation programme and we changed our name to Innospec to reflect our new strategic direction as a multi-product specialty chemicals business. However, we can trace our origins back almost 70 years to the days of the Associated Ethyl Company Limited, which later became Associated Octel.

What is Innospec's focus today?

We are focusing on building a company with a sustainable future. That means keeping pace with a changing world and manufacturing products that will be benefit society as a whole without storing up problems for future generations. We are following a clear strategy that will help us become the leading supplier of specialty chemicals in our chosen fuel treatment and performance enhancing chemicals markets. At the same time we want to successfully manage the long-term and irreversible decline of our tetra ethyl lead business.

What drives Innospec's markets?

Our markets are driven by a number of factors. Environmental legislation, health concerns, the need to boost efficiency and performance, technological advances, competition and demographic changes in world consumption all have an impact on our business.

How has Innospec managed to grow its business so successfully?

Innospec has grown and transformed itself into a major player in the specialty chemicals industry by servicing customer needs at a local level while providing access to an integrated global business with a worldwide supply chain. At the same time we have been quick to exploit market opportunities and be first to market with new products. Behind this success is our investment in innovation, people and product development.

Does the company invest in research and development?

As a company, we place a great deal of emphasis on innovation. We invest heavily in an ongoing research and development programme. This approach to product development and new technology is paying dividends. 40% of our Fuel Specialties sales now come from products developed in the last five years.

Does Innospec operate its business around a set of core values?

Our core values are customer focus, innovation, people and sustainable development. As a company we feel it is important for everyone to understand these values and to live them. They underpin all aspects of our operations and give us our direction going forward.

When are Innospec's quarterly earnings published?

Innospec's quarterly earnings are published November, February, May and August. For details click on Calendar of Events. You can listen to the presentation of these results online during our quarterly conference call for shareholders. For details click on Quarterly Earnings.