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Ocean Bio-Chem, Inc. Reports Record 2020 Year Net Sales, Income, and Earnings per Share

Monday, March 29, 2021

Announces $9.6 Million in Net Income, highest in Company history and 175% higher than 2019 FORT LAUDERDALE, Fla., March 29, 2021 /PRNewswire/ — Ocean Bio-Chem, Inc. (NASDAQ: OBCI), the parent company of Star brite, Inc. and Kinpak Inc.—vertical manufacturer and distributor of performance, appearance, maintenance, and disinfectant chemicals for the marine, RV, and outdoor industries […]

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Ocean Bio-Chem, Inc. Announces Annual Regular Cash Dividend Increase of 50% to $0.12 per share

Monday, March 1, 2021

FORT LAUDERDALE, Fla., March 1, 2021 /PRNewswire/ — Ocean Bio-Chem, Inc. (NASDAQ: OBCI), parent company of Star brite, Inc.—vertical manufacturer and distributor of performance, appearance, and maintenance chemicals for the marine, RV, and outdoor industries — is pleased to announce the Board of Directors unanimously voted to increase the annual dividend to $0.12 per share […]

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Ocean Bio-Chem, Inc. (OBCI) Subsidiary, Kinpak Inc, Announces $5 Million Expansion of its Manufacturing & Distribution Facility in Montgomery, AL

Monday, February 22, 2021

The subsidiary Star brite, Inc. 2020 sales growth of 32% to $55.6 million initiated the planned capital expansion for futures sales growth. FORT LAUDERDALE, Fla., Feb. 2, 2021 /PRNewswire/ — Ocean Bio-Chem, Inc. (NASDAQ: OBCI), the parent company of Star brite, Inc. and Kinpak Inc. —makers of marine, RV, and outdoor performance and maintenance chemicals—announced […]

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Ocean Bio-Chem, Inc. Reports Record Net Sales for both the Fourth Quarter and the Full Year of 2020, both up 32%

Tuesday, January 19, 2021

Starts the year with a record $7.0 million in 2021 open sales orders. FORT LAUDERDALE, Fla., Jan. 19, 2021 /PRNewswire/ — Ocean Bio-Chem, Inc. (NASDAQ: OBCI) announced today record net sales for both the fourth quarter and the full year 2020. For the fourth quarter of 2020, net sales were approximately $12.9 million, compared to […]

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