Trade Innospec Inc - IOSP CFD

Innospec Company profile

About Innospec Inc.

Innospec Inc. develops, manufactures, blends, markets and supplies specialty chemicals for use as fuel additives, ingredients for personal care, home care, agrochemical, metal extraction and oilfield chemicals. The Company operates through four segments: Fuel Specialties, Performance Chemicals and Oilfield Services. Its Fuel Specialties segment develops, manufactures, blends, markets and supplies a range of specialty chemical products that are used as additives to a range of fuels. Its Performance Chemicals segment provides technology-based solutions for its customers processes or products, which is focused on the Personal Care, Home Care, Agrochemical and Metal Extraction markets. Its Oilfield Services segment develops and markets chemical solutions for fracturing, stimulation and completion operations, products for oil and gas production.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Innospec Inc. revenues increased 24% to $1.48B. Net income increased from $28.7M to $93.1M. Revenues reflect Fuel Specialties segment increase of 21% to $618.3M, Performance Chemicals. segment increase of 23% to $525.3M, Oilfield services segment increase of 33% to $339.8M, United States segment increase of 28% to $821.6M, United Kingdom segment increase of 18% to $811.9M.

Equity composition

Common Stock $.01 Par, 12/10, 40M auth., 29,554,500 issd., less 5,851,298 shs. in Treas. @ $64.2M. Insiders own 2.49%. 5/98, Distribution by Great Lakes Chemical Corp. Basis: 1-for-4. 02/06, Name changed from Octel Corp. 03/06, Exchange changed from NYSE to NASDAQ.07/07, 2-for-1 stock split.