Ingevity (NGVT) has issued an update.
Ingevity has announced the upcoming closure of its Crossett Plant, with significant forward-looking statements about the company’s restructuring plans and the potential impacts on its Performance Chemicals segment. This news includes expectations around the costs and benefits of plant closures and transitions within the segment. However, Ingevity cautions that actual outcomes may differ due to various risks, including global economic conditions, market competition, raw material availability, and regulatory challenges. These statements are not to be considered as filed under securities laws but are part of Ingevity’s ongoing disclosures to investors and the SEC.
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