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  September 5, 2001
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Home > Company Index > Chemicals > Basic & Intermediate Chemicals & Petrochemicals > Pioneer Companies, Inc.

Pioneer Companies, Inc.
OTC: PIONA
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 PROFILE
Like all pioneers, Pioneer Companies is facing tough times -- but in this case the difficulty is higher energy costs. Pioneer makes chlorine, caustic soda, hydrochloric acid, bleach, and sodium chlorate for use in such industries as agriculture, plastics manufacturing, pulp and paper manufacturing, and water treatment. The company's chemicals are also used in products like detergents, medical disinfectants, and pharmaceuticals. The US accounts for more than 70% of Pioneer's sales. Chairman William Berkley controls more than 50% of the company, which is restructuring about $600 million worth of debt. Pioneer has been selling off units and cutting production at some plants.

 COMPETITION
The Dow Chemical Company (DOW)
Occidental Petroleum Corporation (OXY)
PPG Industries, Inc. (PPG)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 341.50
1-Yr. Sales Growth: 15.1%
Employees: 895
Revenue per employee: $381,564.25

 KEY PEOPLE
• Michael J. Ferris
    CEO
• Philip J. Ablove
    CFO

 CONTACT INFO
700 Louisiana St., Ste. 4300
Houston, TX 77002
US
Phone: 713-570-3200
Fax: 713-223-9202
Online: Web Site

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