FMC Corporation Announces Election of Michael F. Barry to Board of Directors [Accessibility Statement] Skip NavigationPHILADELPHIA, Feb. 27, 2026 /PRNewswire/ -- FMC Corporation (NYSE: FMC), a leading global agricultural sciences company, today announced the election of Michael F. Barry to the company's Board of Directors, effective February 27, 2026. He will serve on the Audit and Compensation and Human Capital committees.Continue ReadingBarry brings more than three decades of global leadership experience ...

Financial Data and Key Metrics Changes - For the full year 2025, the company delivered $293 million of adjusted EBITDA with tax attributes, nearly a 30% increase year-over-year [5] - Restricted debt was reduced by more than $220 million, and net recourse leverage improved from 8.2 times to 4.9 times [5][14] - Operating costs at Montana Renewables averaged $0.41 per gallon in the second half of the year, a 60% improvement over two years ago [10] Business Line Data and Key Metrics Changes - The Specialty Products and Solutions segment generated $88.5 million for the quarter and $291.8 million for the full year, reflecting continued benefits from commercial excellence initiatives [16] - The Performance Brands segment achieved adjusted EBIT of $5.4 million for the quarter and $47.9 million for the full year, marking the third consecutive year of growth despite the divestiture of Royal Purple Industrial [18] - Montana Renewables reported adjusted EBIT with tax attributes of negative $5.4 million for the fourth quarter and positive $31.3 million for the full year [19] Market Data and Key Metrics Changes - Specialty sales volumes exceeded 20,000 barrels per day during every quarter of the year, reflecting strong demand and operational improvements [9] - The regulatory environment for biofuels is improving, with expectations for a stronger Renewable Volume Obligation (RVO) to enhance industry utilization and margins [12] Company Strategy and Development Direction - The company aims to execute the Max SAF 150 project safely, on time, and on budget in the second quarter of 2026, while continuing to improve cost levels and leverage its early mover advantage in Sustainable Aviation Fuel (SAF) [22][23] - Capital allocation priorities remain disciplined, focusing on driving durable free cash flow and enhancing deleveraging while expanding specialties and executing the Max SAF 150 strategy [23] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to navigate regulatory uncertainties and emphasized the importance of being a low-cost provider in a volatile market [27] - The outlook for 2026 includes expectations for increased production and operational efficiencies despite a heavy turnaround year [15][22] Other Important Information - The company plans to invest $115 million to $145 million in capital expenditures for 2026, primarily due to scheduled maintenance [15] - The Montana Asphalt segment is expected to continue producing in the $30 million-$50 million EBIT range, supported by improved asphalt margins and cost reduction initiatives [21] Q&A Session Summary Question: Can you talk about the macro setup and operational level at Max SAF? - Management acknowledged regulatory uncertainty but emphasized their position as a low-cost provider and the durability of the Max SAF project [27][28] Question: What are your views on the RINs market and utilization? - Management noted that the industry is currently running at variable margins and that the restart of idle plants will depend on the final RVO [33][36] Question: What is the expected ramp-up for the Max SAF project? - The company expects to ramp up to a run rate of 120-150 million gallons annually, with improvements in cost efficiency as production increases [43] Question: How are SAF contracts structured regarding pricing? - Management clarified that SAF contracts are designed to be robust against market dynamics, with a fixed premium over renewable diesel [59][65]

This Presentation has been prepared by Calumet, Inc. (the "Company," "Calumet," "we," "our" or like terms) as of February 27, 2026. The information in this Presentation includes certain "forward-looking statements." These statements can be identified by the use of forward-looking terminology including "may," "intend," "believe," "expect," "anticipate," "estimate," "forecast," "outlook," "continue" or other similar words. The statements discussed in this Presentation that are not purely historical data are f ...

Core Insights - Clariant has published its Integrated Report 2025, detailing both financial and non-financial business activities for the year [1][5] - The report emphasizes Clariant's commitment to sustainability and profitability, showcasing how the company aligns its operations with customer needs and sustainable innovations [2][3] Financial Performance - Clariant reported sales of CHF 3.915 billion for the fiscal year ending December 31, 2025 [8] - The company had a total staff count of 10,281 as of the end of 2025 [8] Sustainability Commitment - Clariant's sustainability framework adheres to the European Sustainability Reporting Standards (ESRS), the Swiss Code of Obligations, and the Global Reporting Initiative (GRI), ensuring transparency and accountability [3][5] - The company aims to demonstrate that sustainability and profitability can coexist, as highlighted by the Chairman of the Board of Directors [3] Organizational Structure - Clariant has structured its organization around four key dimensions: Customer focus, Innovative chemistry, Leading in sustainability, and People engagement [2] - The company operates through three Business Units: Care Chemicals, Catalysts, and Adsorbents & Additives [8] Upcoming Events - The Integrated Report 2025 will be presented to shareholders at the Annual General Meeting scheduled for April 1, 2026 [4]

Ingevity (NYSE:NGVT) Q4 2025 Earnings call February 26, 2026 10:00 AM ET Company ParticipantsDave Li - President and CEOLee Jagoda - Senior Managing DirectorPhil Platt - SVP of Finance and Chief Accounting Officer; Incoming CFOSurvi Varshney - Director of Investor RelationsConference Call ParticipantsDaniel Rizzo - VP, Research Analyst- Packaging, and ChemicalsJohn McNulty - Managing Director and Chemicals AnalystMichael Sison - Managing Director and Chemicals AnalystOperatorHello, everyone, welcome to the ...

Ingevity (NYSE:NGVT) Q4 2025 Earnings call February 26, 2026 10:00 AM ET Company ParticipantsDave Li - President and CEOLee Jagoda - Senior Managing DirectorPhil Platt - SVP of Finance and Chief Accounting Officer; Incoming CFOSurvi Varshney - Director of Investor RelationsConference Call ParticipantsDaniel Rizzo - VP, Research Analyst- Packaging, and ChemicalsJohn McNulty - Managing Director and Chemicals AnalystMichael Sison - Managing Director and Chemicals AnalystOperatorHello, everyone, welcome to the ...

Financial Data and Key Metrics Changes - Total company sales for 2025 were $1.3 billion, an 8% decline compared to the previous year [8] - GAAP net loss for 2025 was $167 million, which included $337 million in pre-tax special charges [9] - Adjusted gross profit increased by 6.8% year-over-year to $556 million, with gross margin expanding by 610 basis points [9] - Total adjusted EBITDA rose 10% year-over-year to $398 million, with margins expanding 500 basis points to 30.8% [10] - Total diluted adjusted EPS improved by 30% to $4.55 [10] - Free cash flow reached $274 million, the highest level in the past five years, exceeding updated guidance [11] Business Line Data and Key Metrics Changes - Performance Materials sales remained flat at $607 million, despite lower auto production due to industry volatility [12] - Performance Chemicals sales declined by $86 million, primarily due to repositioning actions within Industrial Specialties [8] - Pavement Technologies' sales remained flat year-over-year, benefiting from pricing and favorable mix shifts [15] - Advanced Polymer Technologies faced a 15% sales decline and an 18% drop in segment EBITDA due to market pressures [17] Market Data and Key Metrics Changes - The automotive industry faced significant disruptions from tariff uncertainties and supply chain challenges, impacting production volumes [12][36] - Demand for Performance Materials is expected to remain stable, with potential upside if supply chain issues abate [36] - The company anticipates a stable environment for auto production in 2026, with a focus on hybrids and fuel-efficient ICE vehicles [36][55] Company Strategy and Development Direction - The company aims to grow adjusted earnings per share by 10% and free cash flow per share by 5% through 2027 [4] - Plans to initiate sales processes for Advanced Polymer Technologies segments and Road Markings product line were announced [4] - The company is focused on optimizing its portfolio and generating cash flow while reducing leverage [21] - Future growth opportunities are being explored in higher value applications within filtration and energy solutions [40] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence and optimism for 2026, emphasizing strong execution in core businesses [7] - The company does not expect a meaningful recovery in the global economy for 2026, with sales projected between $1.1 billion and $1.2 billion [19] - Management highlighted the importance of regulatory changes in China and India as potential growth drivers for Performance Materials [55] Other Important Information - The company completed the sale of its North Charleston CTO refinery and the majority of the Industrial Specialties product line [5] - The remaining share repurchase authorization at year-end was just under $300 million [11] Q&A Session Summary Question: Update on potential asset sales and share buybacks - Management is encouraged by the interest in both APT and Road Markings assets and expects to announce updates before the end of the year [26] - Share buybacks of $300 million are expected to continue regardless of asset sales [27] Question: Stranded costs and their timing - Management has clear visibility on eliminating $15 million in stranded costs by year-end, with accumulation expected more in the latter half of the year [29] Question: Performance Materials and auto production assumptions - Management expects stable auto production with potential upside if supply chain issues improve, particularly in North America [36] Question: Peak margins for new segments - Management anticipates maintaining EBITDA margins above 50% for Performance Materials and expects mid-teens margins for Performance Chemicals [46] Question: Seasonal EBITDA recognition for Pavement Technologies - Approximately 90% of annual EBITDA for Pavement Technologies is expected to be recognized in Q2 and Q3 due to seasonality [48]

The Harbor Capital Advisors released its “Mid Cap Value Fund’s” Q4 2025 investor letter. A copy of the letter can be downloaded here. Harbor Mid Cap Value Fund, subadvised by LSV Asset Management, delivered solid outperformance in the fourth quarter of 2025, with the Institutional Class returning 4.07% versus 1.42% for the Russell Midcap Value Index, benefiting from strength in value stocks as the Russell Midcap Growth Index declined 3.7% during the period. U.S. equities broadly advanced, with the S&P 500 ...

FULL YEAR AND FOURTH QUARTER 2025 EARNINGS PRESENTATION February 26, 2026 Use of non-GAAP financial measures: This presentation includes certain non‐GAAP financial measures intended to supplement, not substitute for, comparable GAAP measures. Reconciliations of non‐GAAP financial measures to GAAP financial measures are provided within the Appendix to this presentation. Investors are urged to consider carefully the comparable GAAP measures and the reconciliations to those measures provided. The company does ...

Certain statements in this presentation and discussion are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and are based on Perimeter Solutions, Inc.'s ("we," "us," "our" or the "Company") expectations, intentions and projections regarding the Company's future performance, anticipated events or trends and other matters that are not historical facts. Words such as "anticipate," "estimate," "expect," "forecast," "project," "plan," "intend," "believe," "may ...