Innospec Inc (IOSP) Q2 2021 Earnings Call Transcript fool.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fool.com Daily Mail and Mail on Sunday newspapers.
Innospec Expands Performance Chemicals Manufacturing Capacity July 9, 2021 Contact Author Hannah Fink
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The $10 million capacity expansion is set for late 2021 to early 2022.
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In May 2021, Innospec approved a $10 million capacity expansion that is expected to begin between late 2021 and the first quarter of 2022. These projects increase Innospec’s SCI and Iselux production capabilities and flaking capacity. The performance chemicals business is also fast-tracking further capacity expansions at its U.S. and European sites for additional taurate production.
This comes after Innospec completed a capacity addition at its Salisbury, North Carolina site, along with an adjacent rail car handling facility that enables Innospec to receive raw materials and deliver finished products via rail. According to the company, these investments serve to lower reliance on trucks, decrease supply chain costs and reduce carbon footprint.
Innospec Schedules Second Quarter 2021 Earnings Release and Conference Call benzinga.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benzinga.com Daily Mail and Mail on Sunday newspapers.
Operator
Thank you all for standing by, ladies and gentlemen. Welcome to today s Innospec s Fourth Quarter 2020 Earnings Release and Conference Call. [Operator instructions] Please be advised, the call is being recorded. And I would now like to hand the call over to your speaker, Mr. David Jones. Thank you.
David Jones
General Counsel and Chief Compliance Officer
Hello, This is David Jones, and I m Innospec s General Counsel and Chief Compliance Officer. Late yesterday, we reported our financial results for the fourth quarter and full year 2020. The earnings release in this presentation are posted on the company s site at innospecinc.com and will be available on the site for at least six months. During this call, we will be making forward-looking statements, which are predictions, projections and other statements about future events. These statements are based on current expectations and assumptions that are subject to risks and uncertainties. These statements involve a number
Innospec Schedules Fourth Quarter 2020 Earnings Release and Conference Call
Innospec Schedules Fourth Quarter 2020 Earnings Release and Conference Call
ENGLEWOOD, Colo., Jan. 18, 2021 Innospec Inc. (NASDAQ: IOSP) today announced that it will release fourth quarter 2020 earnings results on Tuesday, February 16, 2021, after market close. Following the release of its results, Patrick S. Williams, President and Chief Executive Officer, and Ian Cleminson, Executive Vice President and Chief Financial Officer, will host an interactive conference call on Wednesday, February 17, 2021, at 9.00a.m. ET.
The public is invited to listen to the conference call by dialing +1 877-870-9135 and +44 (0) 2071 928338 (International), 5-10 minutes prior to the start of the call. The access code is 5080566. An audio webcast of the conference call will run simultaneously on the company’s website at www.innospec.com. The relevant link as well as the slide presentation for the conference call will be f