KMG Chemicals Benefits from Acquisition, High-Purity Sales in Fiscal 2014, Expects Up to $16 Million Capex for 2015

KMG Chemicals Benefits from Acquisition, High-Purity Sales in Fiscal 2014, Expects Up to $16 Million Capex for 2015

SUGAR LAND--October 15, 2014--Researched by Industrial Info Resources (Sugar Land, Texas)--KMG Chemicals Incorporated (NYSE:KMG) (Houston, Texas), a major producer and distributor of specialty chemicals, ended its 2014 fiscal year with mixed results, as strong sales for high-purity process chemicals were offset by hefty realignment and impairment charges, which were related to the production drawdown at a California hydrofluoric acid facility. Industrial Info is tracking progress at several KMG facilities.

Within this article: Details on KMG's plans for the coming fiscal year, including a shift in focus to its hydrofluoric acid facility in Pueblo, Colorado.

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