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ACET

 
Hoover's Profile: Aceto Corporation
(NASDAQ (GS):ACET)
Company Financials
Income Statement
Balance Sheet
Cash Flow Statement

Contact Information
Aceto Corporation
1 Hollow Ln.
Lake Success, NY 11042-1215
NY Tel. 516-627-6000
Fax 516-627-6093

Type: Public
On the web: http://www.aceto.com
Employees: 221
Employee growth: (2.6%)

Distributor Aceto (pronounced "a-seat-o") is getting bigger through chemicals -- namely generic drugs. The company sources and distributes roughly 1,000 chemicals through three segments. Its largest segment is health sciences, which sources and distributes bulk generic drugs, advanced pharmaceutical intermediates (APIs), and nutritionals. Aceto's other business units include chemicals and colorants (which distributes intermediates and chemicals for coatings, inks, and electronics) and crop protection (herbicides, insecticides, and fungicides). Aceto sources about two-thirds of its products from Asia, mostly China and India, and turns around to sell more than half of them in the US.

Key numbers for fiscal year ending June, 2009:
Sales: $322.6M
One year growth: (10.3%)
Net income: $8.6M
Income growth: (36.0%)

Officers:
Chairman: Albert L. Eilender
President and CEO: Vincent G. Miata
VP, CFO, Secretary, and Treasurer: Douglas Roth

Competitors:
Ashland Distribution
Brenntag
Univar USA

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Company News: ACET
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Wikipedia: ACET (AIDS charity)
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ACET International is a global network of independent agencies and church-based organisations seeking to encourage effective and compassionate responses to AIDS and related issues in every nation. ACET is acronym for AIDS Care Education and Training Ltd.

Contents

Purpose

Member organisations provide sexual health and drugs education, home-based and in-patient AIDS care, housing support, income generation projects, orphan support, bereavement support, professional training and technical advice in communities across many nations on issues relating to HIV / AIDS.

History

ACET was founded by Patrick Dixon in 1988, and grew rapidly in the UK and other nations, providing a range of services such as support for those affected by AIDS who are living at home, through to prevention work in schools and prisons, and care for those who have been bereaved.

ACET activities

ACET-linked programmes can be found in UK, Ireland, Czech Republic, Russia, Ukraine, Slovakia, Slovenia, Croatia, Belarus, Georgia, India, Thailand, Zimbabwe, Uganda, Nigeria and many other countries in the poorest parts of the world. Most of these use the name ACET and almost all are run by nationals, who are accountable to their own national boards, but seeking to so-operate together and share resources. The Alliance is supported by ACET UK.

ACET International Alliance members have:

  • Given help to more than 3,500 people with AIDS
  • Looked after over 1,000 orphans
  • Educated more than a million school students about sexual health and drug abuse
  • Distributed 1.4 million educational booklets to teenagers
  • Helped provide 230,000 free books on HIV and AIDS to workers in hard-hit nations
  • Given access for more than a million free online book chapters
  • Educated more than 100,000 health care professionals in Romania alone
  • Provided technical support and advice to many national and international agencies based in more than twenty nations.

See also

External links


 
 
Learn More
aceto– (prefix)
acetamide
piperylene

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