BNET Industries

Ocean Bio-Chem Inc.

(OBCI) is in the Manufacturing Industry

Market Cap:$6.6M
Last Fiscal Year Sales:$20.9M
  • Public
  • US
Dow Jones Description

General: We were organized on November 13, 1973 under the laws of the state of Florida. We are principally engaged in the manufacturing, marketing and distribution of a broad line of appearance and maintenance products for boats, recreational vehicles, automobile and aircraft under the "Star brite" and other trademarks within the United States of America and Canada. In addition, we produce private label formulations of many of our products for various customers as well as provide custom blending and packaging services of these and other products. PRODUCTS: Set forth below is a general description of the products that we manufacture and market: Marine: Our Marine line consists of polishes, cleaners, protectants and waxes of various formulations under the "Star brite" brand name as well as private label formulations of these and other products. The line also includes motor oils, various vinyl protectants, cleaners, teak cleaners, teak oils, bilge cleaners, hull cleaners, silicone sealants, polyurethane sealants, polysulfide sealants, gasket materials, lubricants, antifouling additives and anti-freeze coolants. In addition, we manufacture a line of brushes, poles and tie-downs and other related marine accessories. Automotive: We manufacture a line of automotive products under the "Star brite" brand name including StarTron enzyme fuel treatment for both diesel and gas engines, brake and transmission fluids, hydraulic, gear and motor oils, and related items. ...

Chairman, President & CEOPeter G. Dornau
Number of Employees 90
Contact Information

4041 SW 47th Ave

Fort Lauderdale, Florida 33314-4023

www.oceanbioche...

(954) 587-6280

NAICS Code Polish and Other Sanitation Good Manufacturing: 325612

Recent Events

  • Emerging Stock Report: EmergingStockReport.com initiates research coverage on: Ocean Bio-Chem, Inc. (NASDAQ: OBCI)

    5/13/09 - Bond / Stock Rating - View Story

  • PennyStockChaser.com: Ocean Bio-Chem, Inc. (NASDAQ: OBCI) Hot Stock on the Move!

    5/13/09 - Financial Announcement - View Story

  • Ocean Bio-Chem FY08 profit declines - Quick Facts

    3/31/09 - Financial Announcement - View Story

News & Analysis

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ocean bio-chem inc. - All News and Analysis

Additional Resources

  • Ocean Bio-Chem Reports New $2 Million Plus Contract

    - 2009-06-11

    Ocean Bio-Chem, Inc. (NASDAQ: OBCI)announced today that it has received a new contract with a value in excessof $2 million, for private label products. Detailed terms of the contractwere not disclosed. Peter Dornau, Ocean Bio-Chem President and CEO, stated, "We are extremelypleased that this is a new private label...

  • Wall Street News Alert: Stocks This Morning: ADVE -- May 14, 2009

    - 2009-05-14

    Wall Street News Alert's "stocks to watch" thismorning are: Adventure Energy Inc. (OTCBB: ADVE), Agnico-Eagle MinesLimited (NYSE: AEM), Ocean Bio-Chem, Inc. (NASDAQ: OBCI) and VandaPharmaceuticals Inc. (NASDAQ: VNDA). To receive FREE Mobile Stock Alerts formatted especially for your cellphone, text the word "press" in the subject line to 68494. ***...

  • Ocean Bio-Chem, Inc. Posts Record 1st Quarter 2009 Operating Profits

    - 2009-05-13

    Ocean Bio-Chem, Inc. (NASDAQ: OBCI)today reported net sales of approximately $4,110,000, an increase ofapproximately 10% for the quarter ended March 31, 2009, compared to$3,745,000 for the comparative quarter of 2008. The Company reported a netprofit of approximately $126,000 or $.02 per share for the first quarter of2009, compared to...

Decision Makers

Name (plus bio) Position
Edward Anchel CFO
Jeffrey S Barocas CFO & Vice President, Finance
George W. Lindsey Vice President, Advertising & Marketing
Gregor M. Dornau Vice President, Sales & Marketing
W George Jr Vice President
William W. Dudman Vice President, Operations
James M. Kolisch Outside Director
Jerry Pittman Sales Manager
Jeffrey J. Tieger Director
John B. Turner Director
Laz L. Schneider Director
Sonia B. Beard Director

Board of Directors

Name (plus bio) Position
Peter G. Dornau Chairman, President & CEO
Organization Position Status
Starbrite Corp. Chairman, President & CEO Current
Ocean Bio-Chem Inc. Chairman, President & CEO Current
Ocean Bio-Chem Inc. Chairman of the Board of Directors and Chief Executive Officer Current
Kinpak, Inc. President Current
Ocean Bio-Chem Inc. President, Chief Executive Officer and Director Former
Ocean Bio-Chem Inc. Co-Founder Former
Ocean Bio-Chem Inc. Business Consultant Former
Organization Position Status
Ocean Bio-Chem Inc. CFO Current
Ocean Bio-Chem Inc. Board of Directors Current
Starbrite Corp. CFO & Vice President, Finance Former
Long Island University Director Former
Long Island University Masters Degree Former
Organization Position Status
Ocean Bio-Chem Inc. CFO & Vice President, Finance Current
Ocean Bio-Chem Inc. Board of Directors Current
Organization Position Status
Ocean Bio-Chem Inc. Vice President, Advertising & Marketing Current
Organization Position Status
Ocean Bio-Chem Inc. Vice President, Sales & Marketing Current
Ocean Bio-Chem Inc. Board of Directors Current
Organization Position Status
Ocean Bio-Chem Inc. Vice President Current

William W. Dudman, Secretary, Vice President-Operations, 42, joined our company in April 2004. For the five years immediately preceding his employment he had held various management positions within the marine industry, most recently with West Marine, Inc., our largest customer, from May 1999 to April 2004.

Organization Position Status
Ocean Bio-Chem Inc. Vice President, Operations Current
West Marine, Inc. Vice President of Sales Current
Ocean Bio-Chem Inc. Board of Directors Current
West Marine, Inc. Salesman Former

James M. Kolisch, Director, 54, joined our Board of Directors as an outside director in May 1998. Mr. Kolisch has been engaged in the insurance industry and served as president of USI Florida, or its predecessor company, an entity that sources most of the our insurance needs, for a period of approximately twenty-five years. Mr. Kolisch serves on the Board of Directors' Audit Committee.

Organization Position Status
Ocean Bio-Chem Inc. Outside Director Current
Ocean Bio-Chem Inc. Director Current
Organization Position Status
Starbrite Corp. Director, Sales Current
Ocean Bio-Chem Inc. Sales Manager Current
Kinpak, Inc. Manager, Sales Current
Organization Position Status
Starbrite Corp. Secretary & Vice President Current
Kinpak, Inc. Manager, Marketing Current
Starbrite Corp. Secretary Current
Ocean Bio-Chem Inc. Director Current
Ocean Bio-Chem Inc. Vice President, Advertising, Marketing & Secretary Former
Ocean Bio-Chem Inc. Coordinator Former

John B. Turner, Director, 58, joined our Board of Directors in June 2002. During the past five years, Mr. Turner has been retired. Prior to his retirement, he was an insurance executive. In addition to his insurance credentials, Mr. Turner holds a Series 7 stock brokerage license. His professional experience in the aforementioned areas spans an excess of twenty-five years. Mr. Turner serves on the Board of Directors' Audit Committee.

Organization Position Status
Ocean Bio-Chem Inc. Director Current

Laz L. Schneider, Director, 66, Mr. Schneider is, and has been for the past five years, an attorney in private practice and was elected to serve as an outside Director of the Company during May 1998. Mr. Schneider is a partner at Berger, Singerman, P.A., a law firm that serves as our lead counsel in various corporate and litigation matters.

Organization Position Status
PA Inc. Current
Berger Singerman Current
Ocean Bio-Chem Inc. Director Current
New York University Masters of Law In Taxation Former
Yale University Undergraduate Degree Former
Yale Law School Degree Former

Sonia B. Beard, Director, 35, Sonia B. Beard is a Florida Certified Public Accountant working for Walt Disney World since 1997. She currently holds the position as the Manager of Concept Development for the Revenue Lines of Business of Walt Disney World. Ms. Beard has in excess of twelve years financial experience. She is an outside director and serves as the Chairperson and Financial Expert of the Board of Directors' Audit Committee.

Organization Position Status
Walt Disney World Co. Certified Public Accountant Current
Ocean Bio-Chem Inc. Director Current

Executive News

  • Ocean Bio-Chem Reports New $2 Million Plus Contract

    Reuters - 6/11/09 - View Story

  • Ocean Bio-Chem Reports New $2 Million Plus Contract

    Market Wire via MSN Money - 6/11/09 - View Story

  • PennyStockChaser.com: Ocean Bio-Chem, Inc. (NASDAQ: OBCI) Hot Stock on the Move!

    TradingMarkets - 5/13/09 - View Story

  • Ocean Bio-Chem: Ocean Bio-Chem, Inc. Posts Record 1st Quarter 2009 Operating Profits

    Market Wire - 5/13/09 - View Story

  • Ocean Bio-Chem, Inc. Posts Record 1st Quarter 2009 Operating

    Market Wire via MSN Money - 5/13/09 - View Story

  • Ocean Bio-Chem Q1 sales, profit rise

    South Florida Business Journal - 5/13/09 - View Story

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     OBCI $0.95 +0.07 (7.95% )
Average Volume 20,257
Shares Outstanding 7.70M
Market Cap 7.3M
Year High 1.45
Year Low 0.31
Earnings Per Share N/A
P/E Ratio -
Dividend N/A
Yield N/A
Glass Door

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