Atlanta, GA 10/31/2008 1:19:20 AM
News / Business

Arabian American Development Co (NASDAQ:ARSD) to Hold Q3 2008 Earnings Conference call November 6

Arabian American Development, Co. (NASDAQ:ARSD) will hold a conference call on Thursday, November 6 at 4:30 pm ET to discuss the third quarter earnings for 2008.  Interested parties may hear the call by dialing 800-762-9441.  International callers should dial 480-629-9570.  A webcast will also be available online at arabianamericandev.com.

 

Arabian American Development Company is engaged in manufacturing specialty petrochemical products, and developing mineral properties in Saudi Arabia and the United States. The Company's domestic activities are primarily conducted through a wholly owned subsidiary, American Shield Refining Company, which owns all of the capital stock of Texas Oil and Chemical Co. II, Inc. (TOCCO).

 

TOCCO owns all of the capital stock of South Hampton Resources Inc. (South Hampton), which owns all of the capital stock of Gulf State Pipe Line Company, Inc. (Gulf State). South Hampton owns and operates a specialty petrochemical facility near Silsbee, Texas which produces petrochemical solvents and other petroleum based products. Gulf State owns and operates three pipelines which connect the South Hampton facility to a natural gas line, to South Hampton’s truck and rail loading terminal and to a major petroleum products pipeline owned by an unaffiliated third party.

 

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