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Dumond Chemicals' President & CEO Hy Dubin retires

John J. Petroci III named new President & CEO.


John Petroci III, president and CEO, Dumond Chemicals. Dumond Chemicals, Inc. announced today that John J. Petroci III has been named President & CEO effective immediately. The announcement comes as its longtime President & CEO Hy Dubin will be retiring after a distinguished 29 year career.

John J. Petroci III has been the Vice President of Sales & Marketing at Dumond Chemicals, Inc. since January 2005. Mr. Petroci has a 27 year background in the Paint & Coatings Industry, including leadership positions in other fast growing manufacturing companies. "I am pleased to have been given the opportunity to build on our accomplishments and Dumond Chemicals, Inc. certainly sets the highest standard in our industry," stated Petroci. "We have a very talented and dedicated team with a solid reputation throughout our markets. It will be a privilege to represent them going forward."

Hy Dubin started with Dumond Chemicals, Inc. as President & CEO in 1981. "I am excited about the future of Dumond Chemicals, Inc. under the direction of John J. Petroci III. John brings the full compliment of skills in leadership, industry experience and market knowledge to the post. I have enjoyed the twenty nine years I have invested with Dumond Chemicals, Inc., and I am most appreciative of the support I have received over the years from colleagues, vendors, and customers," stated Dubin.

"Hy Dubin's retirement is a major event in the history of our Company. Obviously, Hy will be missed dearly. However, since Hy is leaving such a strong company and organization behind him as his legacy, we all feel very optimistic about our future. Hy is one of those few larger-than-life figures in the Paint & Coatings Industry globally. Hy's contribution to our industry over the past twenty nine years has been substantial, his contribution to our Company is impossible to measure. I consider myself to be very fortunate to have worked with Hy Dubin over the years and wish him well in his retirement," added Petroci.

Commenting on the above announcement, Barry Dubin, Vice President of Operations, said, "My father is a man of extraordinary integrity and perseverance; his contributions to the successful growth of this organization have been enormous and he has earned the right many times over to move on to other things with his life and enjoy retirement. That being said, we are supremely confident and excited about John and his ability to execute our strategic mission and lead what we consider the best team in the industry."

John J. Petroci III concluded, "As we celebrate Hy Dubin's successes and contributions to our Company, we confidently and eagerly look forward to our promising future as a company."

About Dumond Chemicals, Inc.

Headquartered in New York, Dumond Chemicals, Inc. provides innovative and environmentally safe solutions in the areas of Paint Removal, Stone & Masonry Care, Graffiti Control, and Lead Abatement & Encapsulating Products. Dumond Chemicals, Inc. products offer a complete solution for the DIY, Professional, and Industrial consumer. Since 1981, PEEL AWAY Paint Removal Systems have revolutionized the Paint & Coatings Industry on the principles of providing environmentally responsible solutions and quality products to safely remove unwanted coatings from an array of surfaces in a user friendly, cost effective manner. Additional Dumond Chemical Inc. brands include SMART STRIP™, Safe'n Easy Stone & Masonry Care, Watchdog Graffiti Control Products, and Lead Stop. Dumond Chemicals, Inc. products are available through a Nationwide and International network of distributors. For additional information, call 800-245-1191.

www.dumondchemicals.com

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