
Q2 2021 Financial Performance - Net sales increased to $1.274 billion, a 138% increase year-over-year[9, 10] - Net income reached $133 million, compared to $26 million in Q2 2020[9] - Diluted EPS was $3.35, while Adjusted EPS was $3.70[12] - Adjusted EBITDA was $239 million, a significant increase from $17 million in Q2 2020[13] Segment Performance Highlights - Latex Binders net sales increased to $311 million, up 89% year-over-year, with volume up by 13%[15, 17] - Engineered Materials net sales increased to $181 million, a substantial 383% increase, including PMMA business contribution, volume increased 69%[20, 21] - Base Plastics net sales increased to $397 million, a 162% increase, volume increased 40%[24, 25] - Polystyrene net sales increased to $313 million, a 101% increase, volume decreased 12%[32, 31] - Feedstocks Adjusted EBITDA increased to $40 million from negative $4 million[36] Full Year 2021 Outlook - Net income from continuing operations is projected to be between $344 million and $380 million[41] - Adjusted EBITDA is expected to be between $750 million and $800 million[41] - Free Cash Flow is projected to be between $275 million and $325 million[43] Sustainability - Achieved a 21% reduction in GHG emissions and a 33% reduction in chemical emissions since 2017[6]