CHEMI TROL CHEMICAL CO
SC 13G/A, 1998-02-09
FABRICATED PLATE WORK (BOILER SHOPS)
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<PAGE>   1
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549
                                  SCHEDULE 13G
                        Under the Securities Act of 1934
                                (Amendment No. 7)

                             Chemi-Trol Chemical Co.
                                (Name of Issuer)
                         Common stock, without par value
                         (Title of Class of Securities)
                                    163616105
                                 (CUSIP Number)

         Check the following box if a fee is being paid with this statement [ ].
(A fee is not required only if the filing person: (1) has a previous statement
on file reporting beneficial ownership of more than five percent of the class of
securities described in Item 1; and (2) has filed no amendment subsequent
thereto reporting beneficial ownership of five percent or less of such class).
(See Rule 13d-7.)

         *The remainder of this cover page shall be filled out for a reporting
person's initial filing on this form with respect to the subject class of
securities, and for any subsequent amendment containing information which would
alter the disclosures provided in a prior cover page.

         The information required in the remainder of this cover page shall not
be deemed to be "filed" for the purpose of Section 18 of the Securities and
Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that
section of the Act but shall be subject to all other provisions of the Act
(however, see the Notes).

CUSIP No.:   163616105
1)       Names of Reporting Person's S.S. or I.R.S. Identification Nos. of 
         Above Persons:  Arthur F. Doust  ###-##-####
2)       Check the Appropriate Box if a Member of a Group  (See Instructions)
         (a)
         (b)
3)       SEC Use Only
4)       Citizenship or Place of Organization:   United States
    Number
      of                5)    Sole Voting Power:    37,993
    Shares
  Beneficially          6)    Shared Voting Power:    215,022
   Owned by
     Each               7)    Sole Dispositive Power:   37,993
  Reporting
    Person              8)    Shared Dispositive Power:   215,022
     with
9)       Aggregate Amount Beneficially Owned by Each Reporting Person:   253,015
10)      Check if the Aggregate Amount in Row 9 Excludes Certain Shares  
         (See Instructions)
11)      Percent of Class Represented by Amount in Row 9:   12.62%
12)      Type of Reporting Person  (See Instructions):   IN


                                   Page 1 of 3


<PAGE>   2




Schedule  13G                                                      Page 2 of 3

1. (a) NAME OF ISSUER:   Chemi-Trol Chemical Co.
   (b) ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES: 2776 CR 69, Gibsonburg, 
       Ohio 43431

2. (a) NAME OF PERSON FILING:   Arthur F. Doust
   (b) ADDRESS OF PRINCIPAL BUSINESS OFFICE:  2670 CR 69, Gibsonburg, Ohio 43431
   (c) CITIZENSHIP: UNITED STATES
   (d) TITLE OF CLASS OF SECURITIES:  Common stock, no par value
   (e) CUSIP NUMBER:        163616105

3.    Inapplicable

4.    OWNERSHIP:
   (a)  AMOUNT BENEFICIALLY OWNED:     253,015
   (b)  PERCENT OF CLASS:     12.62%
   (c)  NUMBER OF SHARES AS TO WHICH SUCH PERSON HAS:
        (i)   Sole power to vote or to direct the vote - 37,993 shares 
        (ii)  Share power to vote or to direct the vote - 215,022 shares 
        (iii) Sole power to dispose or to direct the disposition of 37,993 
              shares 
        (iv)  Shared power to dispose or to direct the disposition of 215,022 
              shares

5.   OWNERSHIP OF 5% OF LESS OF A CLASS:      N/A

6.   OWNERSHIP OF MORE THAN 5% ON BEHALF OF ANOTHER PERSON: Certain of the
     shares reported as beneficially owned by Mr. Doust are owned by Mr. Doust's
     wife and children and by a trust of which Mr. Doust is a co-trustee.

7.   IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE 
     SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY:    N/A

8.   IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP:       N/A

9.   NOTICE OF  DISSOLUTION OF GROUP:      N/A


<PAGE>   3



Schedule  13G                                                    Page 3 of 3




         After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.




                                                              February 9, 1998
                                                      --------------------------
                                                      Date

                                                           /S/  Arthur F. Doust
                                                      --------------------------
                                                      Signature


                                                           Arthur F. Doust
                                                      --------------------------





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