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Stock impact report

Innospec Invests in Dried Surfactants

Innospec Inc. (IOSP) 
Last innospec inc. earnings: 8/6 04:45 pm Check Earnings Report
US:NASDAQ Investor Relations: innospecinc.com/investor-relations
Company Research Source: GlobeNewswire
Significant Investment to support increasing customer demand for dried surfactants Engineering work has started – beneficial production early 2018 ENGLEWOOD, Colo., June 01, 2017 (GLOBE NEWSWIRE) -- Innospec Inc. (NASDAQ:IOSP) today announced that it has approved a significant investment in its Performance Chemicals business to increase capacity at the surfactant production facility in Saint Mihiel, France. This strategic investment will focus on increasing Innospec’s production of dried anionic surfactants enabling it to support its customers growth in these key growing markets. These technologies are used in a range of household detergents, in particular toilet and hard surface cleaners. Bruce McDonald, President of Innospec’s Performance Chemicals business, said: “This is one of the core product families in our recently acquired surfactants business. This new investment is consistent with our strategy of focusing on specialty surfactant markets and applications.” W Show less Read more
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