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8-K - FORM 8-K - FutureFuel Corp. | ff20200323_8k.htm |
Exhibit 99.1
March 23, 2020
COMPANY CONTACT: |
FutureFuel Corp. |
Tom McKinlay |
(314) 854-8352 www.futurefuelcorporation.com |
FutureFuel Corp. Declares Special Dividend
CLAYTON, Mo. (March 23 , 2020) – FutureFuel Corp. (NYSE: FF) (“FutureFuel”), a manufacturer of custom and performance chemicals and biofuels, today announced that it had declared a special cash dividend of U.S. $3.00 per share on its common stock, with a record date of April 3, 2020 and a payment date of April 17, 2020.
About FutureFuel
FutureFuel is a leading manufacturer of diversified chemical products, specialty chemical products, and biofuel products. In its chemicals business, FutureFuel manufactures specialty chemicals for specific customers (“custom chemicals”) as well as multi-customer specialty chemicals (“performance chemicals”). FutureFuel’s custom chemicals product portfolio includes a bleach activator for a major detergent manufacturer, proprietary herbicide and intermediates for major life sciences companies, and chlorinated polyolefin adhesion promoters and antioxidant precursors for a major chemical company. FutureFuel’s performance chemicals product portfolio includes polymer (nylon) modifiers and several small-volume specialty chemicals for diverse applications. FutureFuel’s biofuels segment primarily produces and sells biodiesel to its customers. Please visit www.futurefuelcorporation.com for more information.
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