IPO Company Profile
SEC Filings | Peer IPO Companies
Chemical Logistics Corporation
808 Travis, Suite 1135, Houston, TX 77002 * (713) 228-1555

The company was founded to create a premier national chemical distribution company with a wide range of value-added services, broad line of product offerings and extensive geographic coverage, and to participate in the chemical industry consolidation.

Primary Underwriting Group
ManagerTierPhone
BT Alex BrownLead Manager (410) 727-1700
Donaldson, Lufkin & Jenrette Securities Corp.Co-manager (212) 371-0641
Sanders Morris Mundy Inc.Co-manager (713) 250-4281

Filing Information
NYSE:CLS Wholesale: SIC 5169
Type of Shares:Common Shares Filing Date:7/24/98
U.S. Shares Filed:3,200,000 Filing Range:$13.00 - $15.00
Non-U.S. Shares Filed:0 Offering Amount: $44,800,000
Primary Shares:3,200,000 Expenses:$4,300,000
Secondary Shares:0 Post-IPO Shares:12,194,531
Employees:665

Legal Counsel, Auditor and Registrar
Issuer's Law Firm: Andrews & Kurth
Bank's Law Firm: Baker & Botts
Registrar/Transfer Agent: ChaseMellon Shareholder Services, L.L.C.
Auditor: Arthur Andersen

Selected Financial Data

Dollar amounts in U.S. millions except for per share data
3 Month Ending Financials
Full Year
Audited
Income
Latest
Unaudited
Income
Prior
Audited
Income
Balance
Sheet
12/31/97 3/31/98 3/31/98
Revenue:$365.91$89.50Assets:$193.49
Net Income:$6.46$1.19Curr Assets:
EPS:$0.53$0.10Liabilities:$119.92
Prior EPS:Curr Liab:
Cash Flow/Oper:Equity:$73.58
Cash Flow/Fin:Cash:
Cash Flow/Inv:

Use of Proceeds
The proceeds from the proposed offering will be used to pay the cash portion of the purchase price of the Founding Companies, to pay certain indebtedness of the Founding Companies, to pay expenses incurred in connection with the organization of CLC and the offering and for general corporate purposes.

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