<SEC-DOCUMENT>0001193125-16-466305.txt : 20160321
<SEC-HEADER>0001193125-16-466305.hdr.sgml : 20160321
<ACCEPTANCE-DATETIME>20160217080205
<PRIVATE-TO-PUBLIC>
ACCESSION NUMBER:		0001193125-16-466305
CONFORMED SUBMISSION TYPE:	CORRESP
PUBLIC DOCUMENT COUNT:		4
FILED AS OF DATE:		20160217

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			INNOSPEC INC.
		CENTRAL INDEX KEY:			0001054905
		STANDARD INDUSTRIAL CLASSIFICATION:	CHEMICALS & ALLIED PRODUCTS [2800]
		IRS NUMBER:				981081725
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		CORRESP

	BUSINESS ADDRESS:	
		STREET 1:		8310 SOUTH VALLEY HIGHWAY
		STREET 2:		SUITE 350
		CITY:			ENGLEWOOD
		STATE:			CO
		ZIP:			80112
		BUSINESS PHONE:		303-566-0528

	MAIL ADDRESS:	
		STREET 1:		8310 SOUTH VALLEY HIGHWAY
		STREET 2:		SUITE 350
		CITY:			ENGLEWOOD
		STATE:			CO
		ZIP:			80112

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	OCTEL CORP
		DATE OF NAME CHANGE:	19980209
</SEC-HEADER>
<DOCUMENT>
<TYPE>CORRESP
<SEQUENCE>1
<FILENAME>filename1.htm
<TEXT>
<HTML><HEAD>
<TITLE>CORRESP</TITLE>
</HEAD>
 <BODY BGCOLOR="WHITE">

 <P STYLE="margin-top:0pt;margin-bottom:0pt" ALIGN="right">


<IMG SRC="g143286g33f46.jpg" ALT="LOGO">
 </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">February&nbsp;11, 2016 </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>VIA EMAIL AND EDGAR </B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Mr.&nbsp;Terence O&#146;Brien </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Accounting Branch Chief </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Division of Corporation Finance </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Securities and Exchange Commission </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">100 F Street, N.E. </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Washington, D.C. 20549 </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><B>Re:</B></TD>
<TD ALIGN="left" VALIGN="top"><B>Innospec, Inc. </B></TD></TR></TABLE> <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:4%; font-size:10pt; font-family:Times New Roman"><B>Form 10-K for the Fiscal Year Ended December&nbsp;31, 2014 filed
February&nbsp;17, 2015 </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:4%; font-size:10pt; font-family:Times New Roman"><B>Form 10-Q for the Fiscal Quarter Ended September&nbsp;30, 2015 filed November&nbsp;4, 2015 </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:4%; font-size:10pt; font-family:Times New Roman"><B>Definitive Proxy Statement on Schedule 14A filed March&nbsp;20, 2015 </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:4%; font-size:10pt; font-family:Times New Roman"><B>File No.&nbsp;1-13879 </B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Dear
Mr.&nbsp;O&#146;Brien: </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">We are submitting this response to your letter dated February&nbsp;2, 2016 (the &#147;Comment Letter&#148;) in respect of the
above-referenced filings addressed to Ian Cleminson Chief Financial Officer, of Innospec Inc. (the &#147;Corporation,&#148; &#147;Company,&#148; &#147;we,&#148; &#147;us&#148; or &#147;our&#148;). Your response follows your original comment letter
dated December&nbsp;18, 2015 and our initial response dated January&nbsp;18, 2016. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">The responses set forth below correspond to the numbering in the
Comment Letter. In addition, for ease of reference, we have reproduced your comments in the Comment Letter in bold text before each response. Where relevant, our responses below include the proposed form of new or modified disclosures to be made in
our applicable future filings. Italicized text in our responses below represents proposed additional disclosure. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Form 10-K for the Fiscal Year Ended
December&nbsp;31, 2014 </B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Management&#146;s Discussion and Analysis of Financial Condition and Results of Operations, page 24 </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Results of Operations, page 29 </B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><B>1.</B></TD>
<TD ALIGN="left" VALIGN="top"><B>We note your response to prior comment 1. It is not clear how the proposed future disclosure addresses the need to communicate to investors the known trend regarding the expected decline in sales for TEL and the
expected impact on future operations. Please clarify the impact on sales and gross profit from sales of TEL to the piston engine aviation market and provide a quantified analysis of these changes, as well as expected material impacts on future
operations and liquidity from declines in sales to both the aviation and automotive markets. If you believe the trend is not material or otherwise believe a quantified analysis is not required under Item&nbsp;303 of Regulation S-K, please provide us
with an explanation, including quantified amounts. </B></TD></TR></TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Company Response: The sale of the TEL to the piston aviation industry does not
represent a significant portion of our total revenues and is recorded within our Fuel Specialities business. The aviation industry is currently researching a replacement fuel to replace leaded fuel. While we expect that at some point in the future a
replacement fuel will be identified and trialled there is no current known replacement and we cannot predict when such a replacement may become available. We therefore believe, that until a known replacement is identified and trialled or there is a
change in legislation which prohibits the sale of AvTel, there will be no material impact on our business. When there is a change in our AvTel product line which results in a known material impact on our results we will disclose the circumstances
and the anticipated change on our business in our Form 10-K in line with Item&nbsp;303 Regulation S-K. </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt;margin-bottom:0pt" ALIGN="right">


<IMG SRC="g143286g38s08.jpg" ALT="LOGO">
 </P>

<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0pt;margin-bottom:0pt" ALIGN="right">


<IMG SRC="g143286g33p60.jpg" ALT="LOGO">
 </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Beginning with our Form 10-K for the year ended December&nbsp;31, 2015, we propose to revise such disclosure that was set
on page 9 of our Form 10-K for the year ended December&nbsp;31, 2014 as set forth in the example below: </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B><I>Decline in our TEL business </I></B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><I>The remaining sales of the Octane Additives business are now concentrated to one remaining customer. When this customer chooses to cease using TEL as an
octane enhancer then the Company&#146;s future operating income and cash flows from operating activities would be materially adversely impacted. </I></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><I>The sales of the AvTel product line are recorded within our Fuel Specialities business. The piston aviation industry has been and is currently researching
a safe replacement fuel to replace leaded fuel. While we expect that at some point in the future a replacement fuel will be identified, trialled and supplied to the industry there is no current known replacement. In addition there is no clear
timescale on the legislation of a replacement product. If a suitable product is identified and the use of leaded fuel is prohibited in piston aviation the Company&#146;s future operating income and cash flows from operating activities would be
adversely impacted. </I></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Definitive Proxy Statement on Schedule 14A file March&nbsp;20, 2015 </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Annual Incentives, page 23 </B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><B>2.</B></TD>
<TD ALIGN="left" VALIGN="top"><B>Your proposed disclosure in response to comment 5 of our letter dated December&nbsp;18, 2015 continues to omit a discussion of how the targets disclosed in your CD&amp;A, &#147;corporate operating income (before
restructuring)&#148; and &#147;corporate free cash flow,&#148; were determined. Please ensure that in future filings, you disclose how these numbers are calculated from your audited financial statements. Please see Instruction 5 to Item&nbsp;402(b)
of Regulation S-K </B></TD></TR></TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Company Response: The Company will amend the disclosure to clarify how the performance measures for the MICP are
determined in future Proxy Statement filings beginning with the Proxy Statement for the 2016 annual meeting as follows: </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><I>The performance measures are
established by the Compensation Committee and reviewed by them each year to ensure they remain appropriate and focus on delivery of high performance while recognizing the economic and business challenges the Corporation faces. In 2015, the
Compensation Committee determined that the appropriate measures were corporate operating income before restructuring, which is a measure of earnings, and corporate free cash flow, which is seen as a measure of working capital management. The metrics
are set at the start of the year and approved by the Compensation Committee. Corporate operating income before restructuring is operating income adjusted to exclude certain onetime/nonrecurring restructuring costs such as severance payments from the
calculations, because they are not reflective of our underlying operations for the particular period in which they are recorded and, therefore, mask our underlying operating trends. Corporate free cash flow represents corporate operating cash flow
after capital expenditure and before the cash effect of restructuring. These onetime/nonrecurring items are approved by the Compensation Committee. Corporate operating income before restructuring and corporate free cash flow are non-GAAP measures.
Where applicable for any NEO, the performance measures also include operating income and operating cash flow for the individual businesses. These measures were chosen as they are designed to align the NEOs with the balanced objectives of increasing
earnings and improving cash flow through working capital management, which the Compensation Committee believe are key to the success of the Corporation. </I></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">If you have any additional questions or comments, please feel free to contact me directly at 00 44 151 355 3611. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><U>/s/ Ian P. Cleminson </U></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Ian P. Cleminson </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Executive Vice-President and Chief Financial Officer </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Cc:
Securities and Exchange Commission &#150; Tracey McKoy, Staff Accountant </P>
</BODY></HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>2
<FILENAME>g143286g33f46.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g143286g33f46.jpg
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M 0$! 0$! 0        $" P0%!@<("0H+$  " 0,# @0#!04$!    7T! @,
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MQZ-\)?$>H^)O!"W.IDR7$$[V_G$8,RJ 0Q]^<'W%!+.[H$% !0 4 % !0 4
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MNA;1JFIVUHS#*I)( S#V7J: L4K#QYX6U*98;77+1I6.%1GV%CZ#=C- ['1
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M4>(>I7)RH]<]_2BP*1J?"7X@WEGK%MX:U.X,]C='9:2N<M"^.$SW4XX]#[=
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MD 8/KQTH&F:?P$:?_A+=8"9%M]B3S0.F_?\ +G\-]""1Y)>D^7>''/F2<?\
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MAKQKIVMW.HVDL%MYFZ./=N.Z-EXR/5J$.]SU;5K5[[1[VSC95>>!XU+= 2I
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!V0$!

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>3
<FILENAME>g143286g33p60.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g143286g33p60.jpg
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M 0$! 0$! 0        $" P0%!@<("0H+$  " 0,# @0#!04$!    7T! @,
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MH]2OA@B,C]S&?8'[WU/Y5R5*SEL<U7%2GHMCT]4"*%4  < #M7/8Y!PXI@%
J!0!3L-.LM,@,%C;1V\3.TA6-< LQR2?<FAZANBX.!0 4 % !0 4 ?__9

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>4
<FILENAME>g143286g38s08.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g143286g38s08.jpg
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M 0$! 0$! 0        $" P0%!@<("0H+$  " 0,# @0#!04$!    7T! @,
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MW9X ;<1@-D=<4F!O:%:FRM[N)HY5;[7,_P [,P8,Y8$$]L$=.^>]-"-BF 4
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MBZ@MO.>W$9@8++B,L7+8QC( '/8GN*0%#3;J_B^'\.KN;C[3#:17C,]T9/M
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MM;W$4ZQ,$AW[MRLI;+?= !R,E@*+A8N6WB#4!?6J7DMNMKYIMGEC@)$\N]E
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- "F ^@ H * "@#__V0$!

end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
