AdvanSix Inc.

News & Events zu AdvanSix Inc. (ASIX)

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ASIX-News

ASIX-Events

8/7 07:00

AdvanSix Reports Q2 Revenue of $421.28M

Reports Q2 revenue $421.28M vs. $410.02M last year. Our resilient second quarter results reflected a significant sequential improvement in earnings and cash flow amid what remains a highly dynamic macro environment, particularly in Plant Nutrients," said Erin Kane, president and CEO of AdvanSix. "We generated 3% sales growth year-over-year as our commercial teams continued to leverage both formula and market-based pricing mechanisms to offset inflationary raw material costs. Sales volume in the quarter fell short of expectations due to a decline in ammonium sulfate as the spring planting season was challenged by farmer profitability and resulting fertilizer consumption overall. Nylon Solutions and Chemical Intermediates both performed at or better than expectations as we continue to navigate a subdued industrial end market demand environment. We have a demonstrated track record of successfully performing through a multitude of environments and remain confident in our ability to deliver long-term value."

5/8 06:40

AdvanSix Reports Q1 Revenue of $404.18M

Reports Q1 revenue $404.18M vs. $377.79M. "The AdvanSix team delivered a solid first quarter performance consistent with our expectations while navigating a number of headwinds, including the early quarter winter storm-related impacts and new geopolitical challenges amid continued subdued industrial end market demand," said Erin Kane, president and CEO of AdvanSix. "We generated 7% sales growth year-over-year, supported by improvements in Chemical Intermediates volume and Plant Nutrients market pricing, partially offsetting the margin impacts driven by increased sulfur and natural gas costs. We remain well positioned to serve our customers across our diversified portfolio including fertilizer as the domestic planting season progresses, in chemical intermediates amid a tightening acetone global supply and demand environment, and across a modestly recovering nylon industry supporting expected meaningful sequential performance improvement into the second quarter."

5/7 06:00

AdvanSix Enters Agreement to Expand Ammonia Platform in Hopewell

AdvanSix announced it has entered into a process design and licensing agreement to assess expansion of its integrated ammonia platform at its Hopewell, Virginia site to enable the domestic manufacturing of Diesel Exhaust Fluid, an emissions-control product used across on-and-off highway diesel applications. DEF is an additive for reducing NOx emissions from diesel engines.

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