SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM 8-K
CURRENT REPORT PURSUANT
TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
July 6, 2001
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(Date of Earliest Event Reported)
ChemFirst Inc.
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(Exact Name of Registrant as Specified in Its Charter)
Mississippi 001-12547 64-0679456
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(State of Incorporation) (Commission File Number) (IRS Employer
Identification No.)
700 North Street, P. O. Box 1249
Jackson, MS 39215-1249
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(Address of Principal Executive Offices) (Zip Code)
(601) 948-7550
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(Registrant's Telephone Number, Including Area Code)
Not Applicable
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(Former Name or Former Address, if Changed Since Last Report)
Item 2. Acquisition or Disposition of Assets
ChemFirst Inc.'s disposition of certain assets of two of its wholly owned
subsidiaries to Albemarle Corporation is described in the ChemFirst Inc. news
releases dated June 14, 2001 and July 9, 2001, attached hereto as Exhibits 99.1
and 99.2, respectively.
The base selling price was determined using a multiple of projected cash
flows for the sites involved, with the ultimate consideration negotiated between
the respective parties.
Item 7. Financial Statements and Exhibits
(a) Not applicable.
(b) Not applicable.
(c) Exhibits:
99.1 ChemFirst Inc. news release issued June 14, 2001.
99.2 ChemFirst Inc. news release issued July 9, 2001.
99.3 Pro forma financial information.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
CHEMFIRST INC.
Date: July 20, 2001 By: /s/ Max P. Bowman
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Max P. Bowman, Vice President, Finance
and Chief Financial Officer
EXHIBIT INDEX
Exhibit No. Description
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99.1 ChemFirst Inc. news release dated June 14, 2001.
99.2 ChemFirst Inc. news release dated July 9, 2001.
99.3 Pro forma financial information.