Bri-Chem Corp. reported consolidated earnings results for the fourth quarter and year ended December 31, 2011. Consolidated revenues increased 21.8% to a record $185,723,319 for the year ended December 31, 2011, compared to $152,495,386 from the prior year. Net earnings in 2011 increased by 33.4% to $9,462,267 or $0.61 diluted earnings per share compared to net earnings of $7,095,727 or $0.51 diluted earnings per share for 2010. Earnings before interest, taxes, amortization and share-based payments expense (EBITDAC) were $16,440,604 or $1.00 per share, an increase of $3,729,038 compared to 2010. Net earnings in the fourth quarter were $2,431,287 or $0.16 diluted earnings per share compared to $2,082,088 during the same period last year. EBITDAC was $4,204,925 or $0.25 per share, an increase of $359,373 or 9.3% over the same period in 2010. Consolidated revenues were $48,169,674 in the fourth quarter of 2011, compared to $47,852,254 for the same period in 2010. The company anticipates fiscal 2012 sales and earnings to continue to grow as the company is gaining market presence in the USA drilling fluids market as well as increasing manufacturing production of its large diameter seamless pipe mill.