Innospec

Rank#4757

Market Cap2.31B

CountryUnited States

Summary

Innospec Inc. develops, manufactures, blends, markets, and supplies specialty chemicals in the United States, rest of North America, the United Kingdom, rest of Europe, and internationally. The company's Fuel Specialties segment offers a range of specialty chemical products that are used as additives in various fuels. This segment's products are used in the operation of automotive, marine, and aviation engines; power station generators; and heating oil. Its Performance Chemicals segment provides technology-based solutions for its customers' processes or products that focuses on the personal care, home care, agrochemical, and metal extraction markets. The company's Oilfield Services segment develops and markets chemical solutions for fracturing, stimulation, and completion operations; and products for oil and gas production, as well as products to prevent loss of mud in drilling operations. It sells its products primarily to oil and gas exploration and production companies, oil refineries, fuel manufacturers and users, personal care and home care companies, formulators of agrochemical and metal extraction formulations, and other chemical and industrial companies. The company was formerly known as Octel Corp. and changed its name to Innospec Inc. in January 2006. Innospec Inc. was founded in 1938 and is headquartered in Englewood, Colorado.

History

Innospec has a history of more than 100 years meeting the specialized needs of its customers in these industries. Originally incorporated in the USA in 1911, the company has since expanded its global footprint to over 160 locations in 36 countries around the world.

Mission

At Innospec, our mission is to provide innovative and sustainable solutions for our customers in the oilfield and fossil-fueled power generation industries. Our goal is to deliver exceptional products and services that are of the highest quality, provide and value, and are designed with the end user in mind.

Vision

As the world’s leading provider of specialty chemicals and solutions for the oilfield and fossil-fueled power generation industries, we strive to continually improve our processes and products to promote long-term customer loyalty and sustainability.

References

https://en.wikipedia.org/wiki/Innospec

https://in.investing.com/equities/innospec-inc

https://finance.yahoo.com/quote/IOSP/profile?p=IOSP

https://www.comparably.com/companies/innospec/mission

https://www.crunchbase.com/organization/innospec

https://sec.report/CIK/0001054905

https://companiesmarketcap.com/

https://innospec.com

Leadership team

Mr. Patrick S. Williams (Pres, CEO & Director)

Mr. Ian Philip Cleminson (Exec. VP & CFO)