Arizona Chemical reported Monday that it filed for a $125 million initial public offering with federal regulators, according to Associated Press.
The company, a supplier of pine-based chemicals, said it turned a profit of $12.1 million in 2009, compared to a loss of $26.6 million in 2008. Its 2009 net sales totaled $767.5 million.
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Arizona Chemical, which is based in Jacksonville, Fla., said Monday it plans to list on the New York Stock Exchange under the ticker "ARZ."
The company did not provide details about pricing terms or timing.
Goldman, Sachs & Co. is the lead underwriter.
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