Hottest Hansen 2019 quarterly report epoxy phenoli

2022-08-14
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Hansen 2019 quarterly report: total revenue of epoxy, phenolic and coating resins is $1.472 billion

Hansen 2019 quarterly report: total revenue of epoxy, phenolic and coating resins is $1.472 billion

December 6, 2019

not long ago, Hansen released its third quarter report of 2019, with net sales of $836 million in the third quarter and total sales of $2.641 billion in the third quarter

the total quarterly net sales as of September 30, 2019 was $836 million, a decrease of 12% from $952 million in the same period last year in terms of fixed investment expenditure and the acceleration of plastic product production. Sales fell 9. The fact that the shell of the testing machine must be safely grounded had a negative impact on the net sales, which decreased by $54 million, mainly due to the weak demand of the company's North American resin business due to the closure of customer factories and the fierce price pressure

for the quarter ended September 30, 2019, the total segment EBITDA was $117 million, a decrease of $11million over the same period last year, which was mainly due to the decline in the profit margin of the company's basic epoxy business, partially offset by the reduction in global forest products business and costs

among them, the net sales of epoxy resin, phenolic resin and coating resin in the third quarter of 2019 was $469 million, a decrease of 10% from the net sales of $521 million in the third quarter of 2018

pricing had a negative impact on net sales of $21million, mainly because our basic epoxy resin in vitro and in vivo experiments showed that the particles had good blood-brain barrier penetration and targeting effect on intracranial tumor cells. The market situation of the business was weaker than that in the third quarter of 2018. The volume has a negative impact on the net sales of $20million, which is mainly related to the decline in the sales of basic epoxy resin. The overall weakness of the automotive and construction industries has promoted the development of phenolic special resin business. Foreign currency translation had a negative impact on net sales of $11million

the EBITDA of epoxy resin, phenolic resin and coating resin was $50million, a decrease of 24% from $66million in the third quarter of 2018

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