AdvanSix Inc. (960)
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AdvanSix Inc. (ASIX) Q1 2025 Earnings Call Transcript
AdvanSix Inc. (NYSE:ASIX ) Q1 2025 Earnings Conference Call May 2, 2025 9:30 AM ET Company Participants Adam Kressel – Vice President-Investor Relations and Treasurer Erin Kane – President and Chief Executive Officer Sidd Manjeshwar – Senior Vice President and Chief Financial Officer Conference Call Participants David Silver – CL King Charles Neivert – Piper Sandler Operator Good day, and welcome to the AdvanSix First Quarter 2025 Earnings Conference Call. All participants will be in listen-only mode.
AdvanSix (ASIX) Q1 Earnings and Revenues Beat Estimates
AdvanSix (ASIX) came out with quarterly earnings of $0.93 per share, beating the Zacks Consensus Estimate of $0.83 per share. This compares to loss of $0.56 per share a year ago.
AdvanSix Announces First Quarter 2025 Financial Results
PARSIPPANY, N.J.--(BUSINESS WIRE)--AdvanSix Announces First Quarter 2025 Financial Results.
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AdvanSix Inc. Profile
| Chemicals Industry | Basic Materials Sector | Ms. Erin N. Kane CEO | XMUN Exchange | US00773T1016 ISIN |
| United States Country | 1,450 Employees | 10 Mar 2025 Last Dividend | - Last Split | 3 Oct 2016 IPO Date |
Overview
AdvanSix Inc. is a company specialized in the production and distribution of polymer resins both domestically and globally. It primarily focuses on the development of Nylon 6, a versatile synthetic material widely utilized in various industrial applications, ranging from textile manufacturing to the production of engineered plastics and films. Established in 2016, AdvanSix prides itself on extensive manufacturing capabilities and a broad portfolio of chemical products. The company is headquartered in Parsippany, New Jersey, operating with a business model that emphasizes direct sales to customers as well as partnerships with distributors, farm cooperatives, and retail entities.
Products and Services
Nylon 6: A synthetic polymer resin that is integral to the production of fibers, filaments, and films. Its versatility makes it ideal for creating engineered plastics, offering valuable properties like durability, heat resistance, and flexibility for various applications.
Caprolactam: A key intermediate used in the production of Nylon 6 polymer resins. This chemical serves as the foundation for developing high-quality synthetic materials used in diverse industrial fields.
Ammonium Sulfate Fertilizers: Distributed to a wide network including distributors, farm cooperatives, and retailers. These fertilizers provide vital nutrients to crops, enhancing their growth and yield.
Acetone: A solvent widely used in the manufacture of adhesives, paints, coatings, and herbicides. AdvanSix’s acetone is integral to producing engineered plastic resins and other intermediate chemicals, contributing to various sectors including pharmaceuticals and automotive.
Intermediate Chemicals: AdvanSix produces a range of chemical intermediates such as phenol, monoisopropylamine, and alpha-methylstyrene, among others. These compounds are essential for manufacturing products across industries, including construction, agriculture, and consumer goods.
The company markets its chemical products under several trusted brand names like Aegis, Capran, Sulf-N, Nadone, Naxol, and EZ-Blox, ensuring high standards of quality and reliability for its customers. Through direct sales and distributor partnerships, AdvanSix delivers its innovative products and solutions across the globe, solidifying its position in the market.
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