NEWARK, Del., May 25, 2010 (GLOBE NEWSWIRE) -- Innospec Inc. (Nasdaq:IOSP) today announced its intention to expand its business into a new market segment to provide further growth opportunities for the future. The Company has identified the oilfield chemicals market as one with significant potential and plans to use its market knowledge and technical expertise to develop and market a product range specifically for this sector. The Fuel Specialties division of Innospec has grown into one of the foremost suppliers of innovative products to the fuel market globally. With its strong focus on customers, the Company intends to offer some of the technologies it has developed for fuel treatment to the upstream sector.
Innospec Expands Into Oilfield Chemicals And Announces Key Management Promotions To Support Growth Strategy
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
Every recommendation goes through 3 layers of intense scrutinyquantitative, fundamental and technical analysisto maximize profit potential and minimize risk.
Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.