FutureFuel
| File:FutureFuel logo.gif | |
| Company type | Public |
|---|---|
| NYSE: FF S&P 600 component | |
| Industry | Biofuels, Chemicals |
| Headquarters | Clayton, Missouri |
Key people | Lee Mikles |
| Products | Bioproducts |
| Website | www |
FutureFuel Corporation is a developer and producer of chemicals and biofuels. It is listed on the New York Stock Exchange, with symbol FF.[1]
History
In 2005 the company was founded in Clayton, Missouri as Viceroy Acquisition Corp., a Special-purpose acquisition company. In 2006 Viceroy acquired a plant in Batesville, Arkansas from Eastman Chemical and subsequently changed its name to FutureFuel.[2]
Recent finances
According to the 2013 figures its company's share price has increased by 65% following several years of growth, and is still trading above IPO price, which is rare for biofuel companies,.[3] It has been announced that it will become included in the S&P SmallCap 600, replacing A.O. Smith.[4]
Operations
The company operates in two segments: chemicals and biofuels.
The company has a wholly owned subsidiary named FutureFuel Chemical Company, which develops various chemical products selling to third party customers. The chemical segment consists of two components, which are custom manufacturing that produce chemicals for specific customers, and performance multi-customer specialty chemicals.[5] During 2011, about 50% of the company's revenue came from manufacturing specialty chemicals.[6]
The biofuel segment mainly produce biodiesel, as well as petrodiesel. This operation segment is in central Arkansas, where the company owns 2,200 acres of land six miles southeast of Batesville, Arkansas.[citation needed]
References
- ^ http://www.marketwatch.com/investing/stock/ff
- ^ Brown, Lisa (9 March 2011). "FutureFuel to list on NYSE". St. Louis Post-Dispatch. Retrieved 23 March 2021.
- ^ http://seekingalpha.com/article/1682952-futurefuel-is-a-rare-biofuels-and-bioproducts-cash-cow
- ^ "Archived copy". Archived from the original on 2014-08-21. Retrieved 2017-01-15.
{{cite web}}: CS1 maint: archived copy as title (link) - ^ https://www.reuters.com/finance/stocks/companyProfile?rpc=66&symbol=FF
- ^ https://www.google.com/finance?q=NYSE:FF