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Element Solutions Inc Announces Participation in December Conferences
Businesswire· 2025-11-20 21:30
Nov 20, 2025 4:30 PM Eastern Standard Time Element Solutions Inc Announces Participation in December Conferences Share MIAMI--(BUSINESS WIRE)--Element Solutions Inc (NYSE:ESI) announced today that Benjamin Gliklich, Chief Executive Officer, will participate in two investor events in December 2025: Dial-in details for the fireside chats and copies of any slides related to the presentations will be made available in the Investors section of www.elementsolutionsinc.com closer to the events. About Element Solut ...
Celanese Corporation to Participate in Fireside Chat with J.P. Morgan
Businesswire· 2025-11-14 21:50
Core Points - Celanese Corporation will participate in a fireside chat with J.P. Morgan on November 18, 2025, at 12:00 PM Eastern Time [1] - A webcast of the discussion will be available on Celanese's Investor Relations Events Calendar page, with a replay accessible for one year [2] Company Overview - Celanese Corporation is a global leader in specialty materials and chemicals, producing solutions used across major industries and consumer applications [3] - The company emphasizes sustainability by responsibly managing materials and expanding its portfolio of sustainable products to meet customer and societal demands [3] - Celanese is a Fortune 500 company with over 11,000 employees and projected net sales of $10.3 billion for 2024 [3]
LSB Industries, Inc. to Participate in NYSE Industrials Virtual Conference
Businesswire· 2025-11-13 22:11
Nov 13, 2025 5:11 PM Eastern Standard Time LSB Industries, Inc. to Participate in NYSE Industrials Virtual Conference Share OKLAHOMA CITY--(BUSINESS WIRE)--LSB Industries, Inc. ("LSB†), (NYSE: LXU), today announced that its Executive Vice President and Chief Financial Officer, Cheryl Maguire will be participating in the NYSE Industrials Virtual Conference on November 18 and 19. Ms. Maguire will be available for one-on- one meetings all day on November 19. To schedule a meeting please contact the NYSE via ...
Myers Industries Appoints Kari Brashear as Chief Legal Officer, Corporate Secretary, and Senior VP of Business Development
Businesswire· 2025-11-13 18:00
Core Points - Kari (Potts) Brashear has been appointed as Chief Legal Officer, Corporate Secretary, and Senior Vice President of Business Development at Myers Industries, effective December 1, 2025 [2][8] - Ms. Brashear will oversee legal, compliance, and governance functions while driving the company's business development strategy [3][5] - She brings nearly two decades of leadership experience in global manufacturing, agribusiness, and industrial supply-chain sectors [3][4] Company Overview - Myers Industries, Inc. is based in Akron, Ohio, and is a leading manufacturer of sustainable plastic and metal products [6][8] - The company reported revenues of $836.281 million and a net income of $7.201 million for the year 2024 [8][13] - Myers Industries serves various end markets, including Consumer, Vehicle, Food & Beverage, Industrial, Infrastructure, and Automotive Aftermarket [6][8]
Deswell Announces First Half 2026 Results
Businesswire· 2025-11-13 14:10
Nov 13, 2025 9:10 AM Eastern Standard Time Deswell Announces First Half 2026 Results Share - Company Announces First Half Cash Dividend of $0.10 Per Share - MACAO--(BUSINESS WIRE)--Deswell Industries, Inc. (Nasdaq: DSWL) today announced its unaudited financial results for the first six months of fiscal 2026, ended September 30, 2025. Net sales for the six months ended September 30, 2025 were $33.2 million, a decrease of 5.5% compared to net sales of $35.2 million for the six months ended September 30, 2024. ...
Westlake Corporation Announces Results of Cash Tender Offer for Its 3.600% Senior Notes Due 2026
Businesswire· 2025-11-11 00:22
Core Points - Westlake Corporation announced the expiration and results of its cash tender offer for its 3.600% Senior Notes due 2026, which expired on November 10, 2025 [1][2] - The company intends to accept for purchase $253,730,000 aggregate principal amount of the Notes under the tender offer [3] - Holders of Notes will receive $996.32 in cash for each $1,000 principal amount of the Notes on the Settlement Date, along with accrued and unpaid interest [5] Tender Offer Details - The tender offer was made for any and all outstanding 3.600% Senior Notes due 2026, with a total outstanding amount of $750,000,000 [4] - $253,730,000 of the Notes were validly tendered and not withdrawn, while an additional $10,733,000 were subject to Guaranteed Delivery Procedures [2][4] - The settlement date for the accepted Notes is expected to be on or about November 12, 2025 [1][5] Financial Implications - The cash consideration for the Notes is set at $996.32 per $1,000 principal amount, with interest ceasing to accrue on the Settlement Date [5] - The tender offer reflects Westlake's strategy to manage its debt and optimize its capital structure [1][3] Company Background - Westlake Corporation is a global manufacturer and supplier of materials and innovative products, with operations in Asia, Europe, and North America [9]
AdvanSix Announces Third Quarter 2025 Financial Results
Businesswire· 2025-11-07 11:30
Core Insights - AdvanSix reported a decline in sales and earnings for the third quarter of 2025, reflecting ongoing challenges in the industry, particularly in the Nylon Solutions and Chemical Intermediates segments [1][2][3] Financial Performance - Sales for Q3 2025 were $374 million, a decrease of approximately 6% compared to the prior year [3][4] - Net income for the quarter was a loss of $2.6 million, compared to a profit of $22.3 million in Q3 2024, representing a variance of $24.9 million [4][6] - Diluted earnings per share were ($0.10), down from $0.82 in the same quarter last year, while adjusted diluted earnings per share were $0.08, down from $0.88 [4][6] - Adjusted EBITDA was $24.7 million, a decrease of $28.4 million year-over-year, primarily due to lower pricing in Chemical Intermediates and reduced sales volume in Nylon [6][11] Operational Highlights - The company experienced a 3% decrease in sales volume, mainly due to weaker demand in chemical intermediates and nylon markets [3][4] - Raw material pass-through pricing decreased by approximately 5%, influenced by lower costs of benzene and propylene [3][4] - The company is moderating production rates to manage inventory levels and maintain free cash flow [2][9] Product Line Performance - Sales by product line for Q3 2025 included: - Nylon: $79 million (21% of total sales) - Caprolactam: $73 million (20%) - Plant Nutrients: $138 million (37%) - Chemical Intermediates: $83 million (22%) [5][4] Cash Flow and Capital Expenditures - Cash flow from operations was $26.6 million, down $30.7 million from the previous year [7][20] - Capital expenditures for the quarter were $26.5 million, a decrease of $4 million compared to Q3 2024 [7][20] - Free cash flow was reported at $66 thousand, significantly lower than $26.8 million in the prior year [21] Future Outlook - The company anticipates continued strength in Plant Nutrients and expects cash flow benefits from carbon capture tax credits in 2026 [9][11] - Capital expenditures for 2025 are projected to be between $120 million and $125 million, reflecting a focus on cash conservation [11][9] Dividend Declaration - The Board of Directors declared a quarterly cash dividend of $0.16 per share, payable on December 2, 2025 [10]
Luxfer Reports Strong Profitablity and Cash Generation in Third Quarter
Businesswire· 2025-10-28 20:30
Core Insights - Luxfer Holdings PLC reported strong profitability and cash generation in the third quarter of 2025, driven by continued demand in defense and aerospace sectors [1][2]. Financial Performance - Net sales decreased by 6.5% to $92.9 million from $99.4 million, while adjusted net sales increased by 1.6% [4]. - Net income was $2.5 million, or $0.09 per diluted share, compared to $12.6 million and $0.47 per diluted share in the prior year [4]. - Adjusted EBITDA rose by 0.7% to $13.6 million, with adjusted diluted EPS increasing by 11.1% to $0.30 from $0.27 [4]. - The company generated strong free cash flow of $10.3 million, reducing net debt to $37.3 million [4]. Strategic Focus - Luxfer sharpened its focus on core and high-value markets following the completion of the Graphic Arts sale [4]. - The company announced the establishment of a Powders Center of Excellence within Elektron, expected to enhance growth and deliver approximately $2 million in annual savings [4]. Guidance - Luxfer raised its full-year 2025 guidance to an adjusted EPS of $1.04 to $1.08, with adjusted EBITDA projected between $50 million and $51 million [4].
Trinseo Announces Release Date and Conference Call for its Third Quarter 2025 Financial Results
Businesswire· 2025-10-24 20:30
Core Points - Trinseo will host a conference call on November 7, 2025, at 10:30 a.m. Eastern Time to discuss its third quarter 2025 financial results [1][2] - The financial results will be released via press release on November 6, 2025, after market close, and will be available on the Company's Investor Relations website [3] - A replay of the conference call will be archived on the Company's Investor Relations website and will be available until November 7, 2026 [4] Company Overview - Trinseo is a specialty material solutions provider that focuses on innovative and sustainable material solutions across various industries, including building and construction, consumer goods, medical, and mobility [5][6] - The Company reported net sales of approximately $3.5 billion in 2024, showcasing its significant market presence [7]
Orbia Announces Third Quarter 2025 Financial Results
Businesswire· 2025-10-22 21:16
Core Insights - Orbia Advance Corporation reported third quarter 2025 revenues of $1.97 billion, a 4% increase from the previous year, with EBITDA of $295 million, reflecting a 2% increase [2][5][6] - The company is focused on strengthening market positions, cost reduction, and cash generation despite subdued demand in certain sectors [4][34] Financial Performance - Net sales for Q3 2025 were $1,966 million, up 4% from $1,887 million in Q3 2024 [5][6] - Cost of sales increased by 5% to $1,533 million, while selling, general and administrative expenses decreased by 1% to $303 million [5][9] - Operating income rose to $130 million, a 4% increase year-over-year, while EBITDA margin slightly decreased to 15.0% [5][10] - The company reported a net loss of $120 million for the quarter, compared to a net income of $86 million in the same quarter last year [7][14] Business Group Performance - **Polymer Solutions**: Revenues increased by 2% to $647 million, but EBITDA decreased by 13% to $78 million due to lower resin pricing and higher ethane costs [18][19] - **Building & Infrastructure**: Revenues also rose by 2% to $647 million, with EBITDA decreasing by 3% to $76 million, impacted by restructuring costs [21][22] - **Precision Agriculture**: This segment saw an 11% increase in revenues to $257 million and a 28% increase in EBITDA to $30 million, driven by strong demand in Brazil and the U.S. [24][25] - **Connectivity Solutions**: Revenues grew by 8% to $253 million, with EBITDA increasing by 36% to $42 million, supported by strong volume growth [27][28] - **Fluor & Energy Materials**: Revenues increased by 3% to $227 million, but EBITDA decreased by 3% to $64 million due to higher input costs [30][31] Cash Flow and Debt Management - Operating cash flow for the quarter was $271 million, a decrease of 4% from the previous year, while free cash flow improved by 1% to $144 million [15][32] - Net debt increased to $3,910 million, with a net debt-to-EBITDA ratio of 3.85x, down from 3.98x in the previous quarter [16][31] Outlook - The company reaffirms its full-year 2025 Adjusted EBITDA guidance in the range of $1,100 million to $1,200 million, likely falling in the lower half of the range [34] - Capital expenditures are projected to be approximately $400 million, focusing on safety and operational integrity [35]