| Business Summary | | JLM
Industries,
Inc.
is
a
global
marketer
and
distributor
of
performance
chemicals,
olefins,
and
specialty
plastics.
The
Company
is
listed
as
the
seventh
largest
chemical
distributor
in
North
America
and
a
manufacturer
and
merchant
marketer
of
phenol
and
acetone.
The
Company
maintains
long-term
supplier
relationships
with
many
global
chemical
companies,
manufactures
phenol
and
acetone
at
its
phenol
plant
in
Blue
Island,
IL
(the
Blue
Island
Plant),
and
continually
adds
new
product
capabilities
through
distribution
agreements
and
acquisition
and
investment
opportunities.
In
addition
to
strengthening
its
position
in
its
core
chemical
businesses,
the
Company
plans
to
expand
its
capabilities
in
specialty
chemicals
and
plastics. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | JLM
Industries
is
a
marketer
and
distributor
of
certain
commodity
chemicals,
principally
acetone
and
phenol.
JLMI
is
also
a
global
distributor
of
olefins
and
other
specialty
chemicals.
For
the
six
months
ended
6/30/01,
revenues
increased
12%
to
$221.8
million.
Net
income
totaled
$830
thousand
vs.
a
loss
of
$2.4
million.
Revenues
reflect
increased
sales
from
the
Singapore
subsidiary
and
higher
phenol
selling
prices.
Earnings
benefited
from
cost
saving
initiatives. | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| John Macdonald, 57 Pres,
CEO, Director | $423K | Michael Hayes, 42 VP,
CFO | -- | Sean Macdonald, 29 VP | -- | Walter Tarpley, 55 VP | 459K | Linda Sato, 39 VP,
Treasurer | -- | Dollar amounts are as of 31-Dec-1999 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|