NEWARK, Del., May 25, 2010 (GLOBE NEWSWIRE) -- Innospec Inc. (Nasdaq:IOSP) today announced its intention to expand its business into a new market segment to provide further growth opportunities for the future. The Company has identified the oilfield chemicals market as one with significant potential and plans to use its market knowledge and technical expertise to develop and market a product range specifically for this sector. The Fuel Specialties division of Innospec has grown into one of the foremost suppliers of innovative products to the fuel market globally. With its strong focus on customers, the Company intends to offer some of the technologies it has developed for fuel treatment to the upstream sector.
