FutureFuel Board of Directors Thanks Tom McKinlay for His Distinguished Service

CLAYTON, Mo., Aug. 26, 2024 (GLOBE NEWSWIRE) -- FutureFuel Corp. (NYSE: FF) (“FutureFuel” or the “Company”), a manufacturer of custom and performance chemicals and biofuels, issued the following statement.

The FutureFuel Board of Directors wishes to express its sincere thanks and appreciation for the significant contributions made by Tom McKinlay to FutureFuel as its Chief Executive Officer beginning in 2022 and previously as its Chief Operating Officer beginning in 2017. Mr. McKinlay’s leadership, knowledge and expertise were instrumental in the Company’s success, and his passion and commitment to the Company and its employees, customers and community were evident throughout his service to FutureFuel. The Board of Directors and the Company wish Mr. McKinlay well in his previously announced retirement.

About FutureFuel

As previously announced by the Company, Roeland Polet is succeeding Mr. McKinlay as Chief Executive Officer of the Company, effective September 3, 2024. 

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 proprietary intermediates for major chemical 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. Please visit www.futurefuelcorporation.com for more information.

Forward-Looking Statements

This document contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements deal with FutureFuel’s current plans, intentions, beliefs, and expectations, and statements of future economic performance. Statements containing such terms as “believe,” “do not believe,” “plan,” “expect,” “intend,” “estimate,” “anticipate,” and other phrases of similar meaning are considered to contain uncertainty and are forward-looking statements. In addition, from time-to-time FutureFuel or its representatives have made or will make forward-looking statements orally or in writing. Furthermore, such forward-looking statements may be included in various filings that the company makes with United States Securities and Exchange Commission (the “SEC”), in press releases, or in oral statements made by or with the approval of one of FutureFuel’s authorized executive officers.