FORT LAUDERDALE, Fla. , Nov. 14, 2019 /PRNewswire/ -- Ocean Bio-Chem, Inc. (NASDAQ: OBCI) announced today its financial results for the third quarter and the first nine months of 2019. For the three months ...
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Ocean Bio-Chem, Inc. (NASDAQ: OBCI) announced its full year and fourth quarter 2019 financial results.
Ocean Bio-Chem, Inc. (NASDAQ: OBCI), is pleased to announce the Board of Directors unanimously voted to declare a regular annual dividend of $0.08 per share of common stock, payable quarterly at $0.02 per share.
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Ocean Bio-Chem, Inc. (NASDAQ: OBCI), has announced that its wholly owned subsidiary has been granted an additional patent for the Company's Disinfectant Pouch Delivery System with Fluid Control, which is used for delivery of the Company's Performacide® product. This new design patent supplements our existing patents.
Ocean Bio-Chem, Inc. (NASDAQ: OBCI), has announced that its subsidiary manufacturing plant, Kinpak Inc. in Montgomery, Alabama has increased its number of shifts and is actively hiring additional personnel to try and meet overwhelming demand for its disinfectant product Performacide®. In addition, they have taken steps to expand overall production capacity with the purchase of additional equipment. Performacide® is an EPA-registered disinfectant and sanitizer that is proven to kill previously known strands of human Coronavirus, and meets EPA criteria for use against the new, SARS-CoV-2, the cause of COVID-19. Performacide® utilizes Chlorine Dioxide (ClO2) for disinfection, which is a gas dissolved in water, and offers unique advantages over many other traditional disinfectants. It requires no cleanup after use, lowering user error found in many commercial applications when uses as directed. Performacide® kills viruses* and bacteria and then dissipates into the air leaving no carcinogens or poisonous residuals. A strong oxidizer, it also removes foul smells, including cigarette smoke, as well as allergens. Performacide® ships as a small, easily stored dry pouch that the user drops into a container of water. This makes it ideal for use in both commercial and residential settings. The largest national mass transit railroad and many other major companies are disinfecting their operations with Performacide®. OBCI believes that using Performacide® will reduce chances of user error, decrease the amount of time spent disinfecting, and help prevent the spread of COVID-19. All Performacide® products including raw materials are made in the USA, and Kinpak produces its own spray bottles inhouse.
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Ocean Bio-Chem, Inc. (NASDAQ: OBCI) today announced that its' subsidiary Star brite, Inc product PERFORMACIDE® is registered with the U.S. Environmental Protection Agency (EPA) as a virucide effective against coronavirus, when used as directed.
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