Innospec

ROTH to Host 36th Annual Conference March 17-19 in Dana Point, California

Retrieved on: 
Monday, March 11, 2024
Well, Permian, Challenged Athletes Foundation, Sustainability, Natural Resources, Innospec, AI, Whole-body vibration, Athletic, MKM, Next Generation, Partnership, IBN, Eagle Ford, Dallas, CAF, Conference, The Ritz-Carlton Hotel Company, Summer Paralympic Games, Yoga, Consumer, Economics, Music, Metal, Video game

NEWPORT BEACH, Calif., March 11, 2024 (GLOBE NEWSWIRE) -- via IBN – Roth Capital Partners, LLC ("ROTH"), www.roth.com , will host its 36th Annual Conference on March 17-19, 2024, at The Ritz Carlton, Laguna Niguel, located in Dana Point, CA.

Key Points: 
  • NEWPORT BEACH, Calif., March 11, 2024 (GLOBE NEWSWIRE) -- via IBN – Roth Capital Partners, LLC ("ROTH"), www.roth.com , will host its 36th Annual Conference on March 17-19, 2024, at The Ritz Carlton, Laguna Niguel, located in Dana Point, CA.
  • The annual ROTH Conference provides an exceptional platform for institutional investors to connect with executive management from an array of public and private growth companies.
  • We are delighted to anticipate an even more diverse range of attendees for our 36th Annual Conference," remarked Byron Roth, Executive Chairman of ROTH.
  • Sagar Sheth, CEO of ROTH, remarked, "The annual ROTH Conference is a cornerstone event, and attendees are benefiting even more from the combined expertise of MKM’s integration.

Baker Hughes Secures Major Multi-Year Well Construction Services Contract with Petrobras

Retrieved on: 
Wednesday, February 21, 2024
Equipment, Water, Innospec, Natural gas

HOUSTON, Feb. 21, 2024 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR), an energy technology company, announced Wednesday a significant contract award from Petrobras for integrated well construction services in the Buzios field, offshore Brazil.

Key Points: 
  • HOUSTON, Feb. 21, 2024 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR), an energy technology company, announced Wednesday a significant contract award from Petrobras for integrated well construction services in the Buzios field, offshore Brazil.
  • The integrated services project is set to start in the first half of 2025 and will include drilling services, drill bits, wireline, cementing, wellbore clean up, fishing, remedial tools, fluids, services and geosciences.
  • Baker Hughes will provide these services across three rigs over the course of the multi-year contract.
  • “Baker Hughes is proud to contribute to this significant project and expand our long-standing relationship with Petrobras, establishing ourselves as a major provider of integrated solutions in Brazil,” said Maria Claudia Borras, executive vice president, Oilfield Services and Equipment.

Innospec Reports Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
Tuesday, February 13, 2024
Acquisition, Innospec, QGP, Growth, Chemical substance, GAAP, Depreciation, Optimism, Public expenditure, EPS, Corporation, Bank statement, Video game

Commenting on the fourth quarter results, Patrick S. Williams, President and Chief Executive Officer, said,

Key Points: 
  • Commenting on the fourth quarter results, Patrick S. Williams, President and Chief Executive Officer, said,
    “This was another very good quarter for Innospec.
  • Fuel Specialties achieved double-digit operating income growth in the quarter and gross margins were within our target range of 32 to 35 percent.
  • Revenues in Oilfield Services of $175.4 million for the quarter decreased 4 percent from the $183.5 million in the fourth quarter last year.
  • As of December 31, 2023, Innospec had net cash of $203.7 million compared to net cash of $147.1 million a year ago.

Innospec Reports Third Quarter 2023 Financial Results

Retrieved on: 
Tuesday, November 7, 2023
EBITDA, Corporation, GAAP, Acquisition, Bank statement, Growth, EPS, Depreciation, Fine chemical, Video game, Bank, Innospec

Commenting on the third quarter results, Patrick S. Williams, President and Chief Executive Officer, said,

Key Points: 
  • Commenting on the third quarter results, Patrick S. Williams, President and Chief Executive Officer, said,
    “This was another good quarter for Innospec.
  • Revenues in Oilfield Services were $149.6 million for the quarter, down 14 percent from $174.6 million in the third quarter last year.
  • As of September 30, 2023, Innospec had $207.2 million in cash and cash equivalents and no debt.
  • Reconciliations of these non-GAAP financial measures to their most directly comparable GAAP financial measures are provided herein and in the schedules below.

INDIAN RESOURCE COUNCIL AND INDIGENA DRILLING INC. SHARE DISTRIBUTION TO IRC TRUST

Retrieved on: 
Wednesday, October 25, 2023
Energy, Government, Mining Industry Human Resources Council, IDI, Organization, AB, Wind, First Nations, Innospec, Trust, Siemens Energy Sector, Private sector, Employment, Executive, Partnership, Safety, IRC, Task force, Management

IRC Trust is an independent investment trust formed for the benefit of the members of Indian Resource Council of Canada ("IRC").

Key Points: 
  • IRC Trust is an independent investment trust formed for the benefit of the members of Indian Resource Council of Canada ("IRC").
  • The Trust was established as a vehicle to capitalize on new opportunities and create meaningful economic partnerships primarily in the Energy Sector.
  • IRC Trust is a founding partner in Indigena Drilling alongside Elson McDougald (Executive Chair), Darcy Reinboldt (CEO) and other members of the board and management team.
  • Mr. Stephen Buffalo a Trustee of IRC Trust and President & CEO of IRC stated "We take great pride in becoming one of the founding shareholders of IDI.

Innospec Inc. Raises Record $315,000 for PenFed Foundation at Annual Golf Fundraisers

Retrieved on: 
Tuesday, September 26, 2023
Partnership, Education, The Woodlands Country Club, Woman, Golf, Innospec, Nursing

TYSONS, Va., Sept. 26, 2023 /PRNewswire/ -- Innospec Inc. raised a record $315,000 for the PenFed Foundation, a national 501(c)3 founded by PenFed Credit Union, at its two annual golf tournaments.

Key Points: 
  • "Innospec is the gold standard for its corporate philanthropy and compassion," said President of The PenFed Foundation Andrea McCarren.
  • Innospec's annual golf fundraisers attract hundreds of golfers and raise hundreds of thousands of dollars for the PenFed Foundation each year.
  • The proceeds from this year's golf tournaments raise Innospec Inc's total contribution to the PenFed Foundation to more than $1.4 million since 2007.
  • "Innospec is so proud to support the powerful mission of The PenFed Foundation," said President of Innospec Oilfield Services Tom Entwistle.

Franklin Mutual Advisers Sends Letter Urging Elementis' Board of Directors to Pursue an Immediate Sale of the Company

Retrieved on: 
Wednesday, September 20, 2023
Failure, Capital market, Paint, Mondo Minerals, EBITA, Cosmetics, History, Sale, Depression, TTM, EBITDA, Acquisition, Bloomberg, Investment, Franklin Templeton Investments, Frustration, Innospec, CFO, Letter, Annual report, Chair, Management, Financial adviser, Security (finance), Cryptocurrency, Marketing, Chromium, Elementis

[1] The Company's strong gross margins confirmed to us that its products reside at the premium end of performance additives.

Key Points: 
  • [1] The Company's strong gross margins confirmed to us that its products reside at the premium end of performance additives.
  • This business primarily comprises active ingredients for cosmetics and antiperspirant actives with 85% of Elementis' cosmetic products derived from natural materials.
  • [4] The Company's anti-perspirant active ingredients business holds the largest market share position in the world at 40%.
  • Franklin Mutual Advisers, LLC, the investment advisor for the Franklin Mutual Series funds, is a wholly owned subsidiary of Franklin Resources, Inc., a global investment management organization with subsidiaries operating as Franklin Templeton.

Franklin Mutual Advisers Sends Letter Urging Elementis' Board of Directors to Pursue an Immediate Sale of the Company

Retrieved on: 
Wednesday, September 20, 2023
Failure, Capital market, Paint, Mondo Minerals, EBITA, Cosmetics, History, Sale, Depression, TTM, EBITDA, Acquisition, Bloomberg, Investment, Franklin Templeton Investments, Frustration, Innospec, CFO, Letter, Annual report, Chair, Management, Financial adviser, Security (finance), Cryptocurrency, Marketing, Chromium, Elementis

[1] The Company's strong gross margins confirmed to us that its products reside at the premium end of performance additives.

Key Points: 
  • [1] The Company's strong gross margins confirmed to us that its products reside at the premium end of performance additives.
  • This business primarily comprises active ingredients for cosmetics and antiperspirant actives with 85% of Elementis' cosmetic products derived from natural materials.
  • [4] The Company's anti-perspirant active ingredients business holds the largest market share position in the world at 40%.
  • Franklin Mutual Advisers, LLC, the investment advisor for the Franklin Mutual Series funds, is a wholly owned subsidiary of Franklin Resources, Inc., a global investment management organization with subsidiaries operating as Franklin Templeton.

Aspen Aerogels to Participate in September Investor Conferences

Retrieved on: 
Tuesday, August 29, 2023
Equipment, Sheraton New York Times Square Hotel, Dave Anderson, Fireside chats, Innospec, Hyperloop Transportation Technologies, Central Time, Fireside, Growth, CFO, ASPN, Conference, NYSE, Cryptocurrency, Tutoring, Mobile phone, Aspen, Barclays

NORTHBOROUGH, Mass., Aug. 29, 2023 /PRNewswire/ -- Aspen Aerogels, Inc. (NYSE: ASPN) ("Aspen" or the "Company"), a technology leader in sustainability and electrification solutions, today announced that the Company is scheduled to participate in the following investor events in September: (i) Barclays CEO Energy-Power Conference and (ii) the Piper Sandler Battery Summit.

Key Points: 
  • NORTHBOROUGH, Mass., Aug. 29, 2023 /PRNewswire/ -- Aspen Aerogels, Inc. (NYSE: ASPN) ("Aspen" or the "Company"), a technology leader in sustainability and electrification solutions, today announced that the Company is scheduled to participate in the following investor events in September: (i) Barclays CEO Energy-Power Conference and (ii) the Piper Sandler Battery Summit.
  • The presentation materials utilized during the conferences will be available on the Investor Relations section of Aspen's website at www.aerogel.com .
  • For those interested in arranging a one-on-one meeting with Aspen management or attending the Fireside Chat, please contact your Barclays representative.
  • For those interested in arranging a one-on-one meeting with Aspen management or attending the Fireside Chat, please contact your Piper Sandler representative.

Innospec Inc. Joins the Diesel Technology Forum

Retrieved on: 
Tuesday, August 15, 2023
Social responsibility, Petroleum, Noise, Carbon footprint, Agriculture, Gasoline, Cobham Technical Services, DTF, Mining, Biofuel, Transport, Forum, Renewable energy, Innospec

Washington, D.C., Aug. 15, 2023 (GLOBE NEWSWIRE) -- The Diesel Technology Forum (DTF) welcomes Innospec Inc. as a new member.

Key Points: 
  • Washington, D.C., Aug. 15, 2023 (GLOBE NEWSWIRE) -- The Diesel Technology Forum (DTF) welcomes Innospec Inc. as a new member.
  • The Forum is a not-for-profit organization dedicated to raising awareness about the current and future role of diesel engines, equipment, and fuels.
  • Members are leaders in advanced diesel technology, emissions controls, as well as petroleum and renewable biofuels.
  • He said, “We’re looking forward to having a global technology and fuel performance leader like Innospec providing valuable insights to our evolving Forum.