Chemical Specialities Limited provided earnings guidance for the year ended March 31, 2013. For the year, the company expects headline loss will be between 2.75 cents per share and 3.16 cents per share compared to the headline loss of 2.06 cents per share reported in the previous corresponding period. Loss per share is expected to be between 2.70 cents per share and 3.12 cents per share compared to the loss of 2.13 cents per share as reported in the previous corresponding period.

Chemical Specialities Limited announced that Tim McClure as non-executive director of the company due to other commitments. The Board also announced the appointment of Namhla Thina Siwendu as non-executive director and a member of the Audit, Risk and Compliance and Social and Ethics Committees as well. She currently serves as Director in the Corporate and Commercial practice of DLA Cliffe Dekker Hofmeyr, focusing on Corporate Governance and is a non-executive director on the Board of Woolworths Holdings Limited. She is also a Senior Research Fellow at the Centre for Corporate Governance in Africa at the University of Stellenbosch.

Chemical Specialities Limited announced the resignation of Mr. TP Dykins, as an executive director with effect from February 28, 2013, to pursue personal interests.