Ownership Submission
FORM 3
 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
  NOVELLY PAUL A
 2. Date of Event Requiring Statement (Month/Day/Year)
06/23/2007		 3. Issuer Name and Ticker or Trading Symbol
FutureFuel Corp. [NONE]
(Last)
(First)
(Middle)
8235 FORSYTH BOULEVARD, SUITE 400		 4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Exec. Chair. of Board of Dir.
 5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

CLAYTON, MO 63105		 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)		 2. Amount of Securities Beneficially Owned
(Instr. 4)		 3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)		 4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock 6,781,250
I
See footnote 1 (1)
Common Stock 625,000
I
See footnote 2 (2)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)		 2. Date Exercisable and Expiration Date
(Month/Day/Year)		 3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)		 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)		 6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Warrant 10/31/2006 07/12/2010 Common Stock 4,643,750 $ 6 I See footnote 1 (1)
Warrant 10/31/2006 07/12/2010 Common Stock 625,000 $ 6 I See footnote 2 (2)

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
NOVELLY PAUL A
8235 FORSYTH BOULEVARD
SUITE 400
CLAYTON, MO 63105		   X     Exec. Chair. of Board of Dir.  

Signatures

/s/ Paul A. Novelly 07/19/2007
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Owned by St. Albans Global Management, Limited Partnership, LLLP, a Delaware Limited Liability Limited Partnership, as to which Mr. Novelly is the Chief Executive Officer, but he disclaims beneficial ownership except to the extent of a minor pecuniary interest.
(2) Owned by Apex Holding Co., a Missouri Corporation, as to which Mr. Novelly is the sole Director and Chief Executive Officer, but he disclaims beneficial ownership except to the extent of a minor pecuniary interest.
 
Remarks:
Shares of FutureFuel Corp.'s common stock as well as certain warrants to acquire shares of FutureFuel Corp.'s common stock
 are listed on the Alternative Investment Market of the London Stock Exchange plc. Shares of common stock and warrants trade
 under the ticker symbols "FFU" and "FFUW," respectively.

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, See Instruction 6 for procedure.

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