Welcome to our dedicated page for Futurefuel news (Ticker: FF), a resource for investors and traders seeking the latest updates and insights on Futurefuel stock.
FutureFuel Corp (NYSE: FF) delivers innovative solutions in specialty chemicals and biofuels through its integrated manufacturing capabilities. This news hub provides investors and industry stakeholders with essential updates on corporate developments, financial performance, and market positioning.
Access timely press releases covering earnings announcements, production milestones, and strategic initiatives in both chemical manufacturing and biodiesel operations. Our curated collection includes regulatory filings, partnership disclosures, and operational updates that impact FF's position in renewable energy and specialty chemicals markets.
Key content focuses on custom chemical synthesis contracts, biofuel production trends, and sustainability initiatives. Stay informed about market-moving developments including new product launches, facility upgrades, and industry compliance matters through verified primary sources.
Bookmark this page for direct access to FutureFuel's official communications and third-party analysis. Regular updates ensure you maintain current awareness of FF's dual-segment operations in evolving chemical and renewable energy sectors.
FutureFuel Corp. (NYSE: FF), a manufacturer of custom and performance chemicals and biofuels, has announced the retirement of Tom McKinlay from his position as Chief Executive Officer. The Board of Directors expressed their gratitude for McKinlay's significant contributions to the company, highlighting his leadership, knowledge, and expertise as instrumental to FutureFuel's success. McKinlay served as CEO since 2022 and previously held the position of Chief Operating Officer from 2017. The Board emphasized McKinlay's passion and commitment to the company, its employees, customers, and community throughout his tenure.
FutureFuel Corp. (NYSE: FF) has appointed Roeland Polet as its new Chief Executive Officer, effective September 3, 2024. Polet, with over 35 years of leadership experience in specialty chemicals, succeeds Tom McKinlay, who is retiring. Polet's background includes significant roles at Koninklijke DSM N.V., where he served as CEO of DSM Materials, contributing to market share and profitability gains. He has also held senior positions at Valspar , Celanese , and Carbolite Foods, Inc.
In his new role, Polet aims to expand FutureFuel's market presence, commercialize new products and technologies, and drive performance. Don Bedell, Vice Chairman of the Board, expressed confidence in Polet's industry experience and proven record in strategy, innovation, and team building.
FutureFuel Corp. (NYSE: FF) has announced the appointment of Richard P. Rowe as a new Class B member of its Board of Directors, effective August 13, 2024. Rowe brings extensive experience in the specialty chemicals and materials industries, having served as President and CEO of Arkema Inc. from 2015 to 2021. He currently leads RPR Global Solutions, , an advisory firm in the sector.
Rowe's appointment comes with standard compensation arrangements, including pro-rated director compensation for 2024 and an option to purchase 10,000 shares of FutureFuel's common stock. This stock option, granted under the company's 2017 Omnibus Incentive Plan, will expire in August 2029. The appointment strengthens FutureFuel's board with Rowe's industry expertise and leadership experience.
FutureFuel Corp. (NYSE: FF) reported Q2 2024 financial results with net income of $9.6 million ($0.22 per diluted share) and Adjusted EBITDA of $6.9 million. Revenues decreased 15% to $72.4 million compared to Q2 2023. For the first six months of 2024, net income was $13.9 million ($0.32 per diluted share) on revenues of $130.7 million. The company faced challenges in the Biofuels market with lower biodiesel and RIN prices, while the Chemicals segment saw mixed results across different markets. FutureFuel paid a special cash dividend of $2.50 per share in April 2024 and maintains a regular quarterly dividend of $0.06 per share.
FutureFuel Corp. (NYSE: FF), a manufacturer of custom and performance chemicals and biofuels, announced the resignation of Rose M. Sparks from its Board of Directors, effective July 30, 2024. Sparks, who had been a board member since 2019, stepped down without any disputes or disagreements with the company or the board. Despite her departure from the board, Sparks will continue her role as the chief financial officer for both FutureFuel Corp. and FutureFuel Chemical Company. The company expressed gratitude for Sparks' dedicated service during her tenure on the board.
FutureFuel (NYSE: FF), a manufacturer of custom and performance chemicals and biofuels, will release its second quarter 2024 financial results after market close on August 9, 2024. The announcement was made on July 10, 2024, stating the company's intent to disclose financial performance metrics for the period.
FutureFuel (NYSE: FF) announced the retirement of CEO Tom McKinlay effective September 30, 2024. The company is conducting a national search for a new CEO, retaining an executive search firm for this purpose. A separation agreement has been established to ensure a smooth transition of McKinlay's duties. FutureFuel expressed gratitude for McKinlay's contributions to the company.
FutureFuel Corp. (NYSE: FF) reported first quarter 2024 results with revenues of $58.3 million, a decrease of 21% compared to the first quarter of 2023. Net income was $4.3 million, or $0.10 per diluted share, down from $21.1 million, and adjusted EBITDA was $7.1 million. The company declared a special cash dividend of $2.50 per share.
FutureFuel Corp. (NYSE: FF) postpones the release of its first quarter 2024 financial results to May 10, 2024, due to the need for additional procedures to be completed by the company and its accounting firm.
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