BRIEF-Koppers Ceasing Phthalic Anhydride Operations At Stickney Facility

Reuters
06 Dec 2024
BRIEF-Koppers Ceasing Phthalic Anhydride Operations At Stickney Facility

Dec 5 (Reuters) - Koppers Holdings Inc KOP.N:

  • KOPPERS CEASING PHTHALIC ANHYDRIDE OPERATIONS AT STICKNEY FACILITY

  • KOPPERS HOLDINGS INC: DECISION AFFECTS ABOUT 25 EMPLOYEES

  • KOPPERS HOLDINGS INC: TARGETED MID-2025 FOR SHUTDOWN AND EXPECTS TO RAMP DOWN PRODUCTION OF PHTHALIC ANHYDRIDE OVER NEXT SIX MONTHS

  • KOPPERS HOLDINGS INC: ACTION IS EXPECTED TO RESULT IN PRE-TAX CHARGES TO EARNINGS OF $51 MILLION TO $55 MILLION THROUGH END OF 2026

Source text: ID:nPn6KRK65a

Further company coverage: KOP.N

((Reuters.Briefs@thomsonreuters.com;))

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