| Business Summary | | Ethyl
Corporation
develops,
manufactures,
blends
and
markets
fuel
and
lubricant
additives
technology
and
products
around
the
world.
Petroleum
additives
are
used
in
lubricants
or
fuels
and
have
many
different
applications.
Lubricant
additives
are
organic
and
synthetic
chemical
components
that
enhance
wear
protection,
prevent
deposits
and
protect
against
the
hostile
operating
environment
of
an
engine,
transmission,
gear
axle
or
hydraulic
pump.
The
Company
also
distributes
tetraethyl
lead
(TEL),
a
gasoline
octane
enhancer,
primarily
through
marketing
agreements.
Ethyl
has
two
distinct
segments,
petroleum
additives
and
tetraethyl
lead. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | EY
develops,
manufactures,
blends
and
markets
petroleum
(gasoline,
diesel
fuels,
and
home
heating
oils)
and
lubricant
additives
(engine
oil
and
automatic
transmission
fluids).
For
the
six
months
ended
6/30/01,
revenues
fell
7%
to
$383.1
million.
Net
loss
totaled
$106.1
million
vs.
an
income
of
$37.1
million.
Results
reflect
lower
petroleum
additive
sales
due
to
lost
customers
and
charges
of
$73.6
million
related
to
the
crankcase
product
line
and
$88.2
million
related
to
the
pension
plan. | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| Bruce Gottwald, 66 Chairman | $808K | Thomas Gottwald, 39 Pres,
CEO, Director | 416K | David Fiorenza, 50 CFO,
VP, Treasurer | -- | Steven Mayer, 56 VP,
Gen. Counsel | -- | Henry Page, Jr., 61 VP
- HR & External Affairs | -- | 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
|
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