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|09/01/17||KMG Provides Update on Houston-Area Operations|
|FORT WORTH, Texas, Sept. 01, 2017 (GLOBE NEWSWIRE) -- KMG (NYSE:KMG), a global provider of specialty chemicals and performance materials, today provided an update on the company’s facilities in the Houston area, which include sites in Waller and Houston, in light of Hurricane Harvey and the related flooding.
Chris Fraser, KMG chairman and CEO, said, “Our thoughts are with all those affected by this devastating storm. Although many of our employees have been displaced from their homes, we ar... || |
|08/24/17||KMG Nominates Margaret Montana to Board of Directors|
|FORT WORTH, Texas, Aug. 24, 2017 (GLOBE NEWSWIRE) -- KMG (NYSE:KMG), a global provider of specialty chemicals and performance materials, today announced that Margaret C. (Peggy) Montana will join the board of directors December 1, 2017. Ms. Montana is a former senior executive at Shell Oil Company with substantial international and operational experience in the pipeline and energy markets.
“We are pleased to welcome Peggy Montana to KMG,” said chairman and chief executive officer Chris Fras... || |
|06/15/17||KMG Completes Acquisition of Flowchem LLC|
|FORT WORTH, Texas, June 15, 2017 (GLOBE NEWSWIRE) -- KMG (NYSE:KMG), a global provider of specialty chemicals, today announced it has completed the acquisition of Flowchem, a leading manufacturer of pipeline performance products, from Arsenal Capital Partners.
“We’re pleased to announce the completion of this strategic acquisition and we welcome Flowchem’s dedicated and talented team to KMG,” said Chris Fraser, KMG’s Chairman and CEO. “Flowchem is a unique asset that enables KMG to further ... || |
|06/09/17||KMG Reports Third Quarter 2017 Financial Results|
|FORT WORTH, Texas, June 09, 2017 (GLOBE NEWSWIRE) -- KMG (NYSE:KMG), a global provider of specialty chemicals, today announced financial results for the fiscal 2017 third quarter ended April 30, 2017.
2017 Third Quarter Financial Highlights
GAAP diluted earnings per share was $0.49 compared to $0.53 per diluted share in the third quarter of fiscal 2016. In last year’s third quarter, KMG recorded a bargain purchase gain of $2.1 million, equivalent to $0.17 per diluted share, for the acq... || |