DETREX CORPORATION - (DTRX:PK) Contact: Thomas E. Mark
Phone: (248) 358-5800 FAX: (248) 799-7192

 

May 4, 2012

PRESS RELEASE

Detrex Corporation Announces a Second Quarter Dividend

SOUTHFIELD, MI – May 4, 2012 - Detrex Corporation (DTRX.PK) today announced that it will pay a second quarter dividend of $0.25 per share payable May 30, 2012 to shareholders of record as of the close of business May 18, 2012.


About Detrex Corporation
Founded in 1925, Detrex Corporation is a manufacturer of specialty chemical products for the global industrial manufacturing markets through its subsidiary The Elco Corporation. Elco is a leading manufacturer of high performance specialty chemicals including additives for industrial petroleum products and high purity hydrochloric acid.

Forward Looking Statements
Statements included in this press release that are not historical in nature are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 (the “1995 Act”). The words “believe,” “expect,” “anticipate,” “estimate,” “guidance,” “target” and similar expressions identify forward-looking statements. The Company cautions readers that forward-looking statements are subject to certain risks and uncertainties, which could cause actual results to differ materially from those projected in the forward-looking statements. Certain risks and uncertainties are identified from time to time in the Company’s reports. Some factors that could cause results to differ materially from those projected in the forward-looking statements include: market conditions, environmental remediation costs, pension expense and funding requirements, liquidation value of assets, and marketability of real estate and the market value and future liquidity of Detrex stock. The Company claims the protection of the safe harbor for forward-looking statements contained in the 1995 Act.

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