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AdvanSix Inc. - ASIX STOCK NEWS

Welcome to our dedicated page for AdvanSix news (Ticker: ASIX), a resource for investors and traders seeking the latest updates and insights on AdvanSix stock.

AdvanSix Inc. (ASIX) is a leading, fully-integrated manufacturer of Nylon 6, a versatile polymer resin, and a variety of chemical intermediates that serve a global customer base. Headquartered in New Jersey, AdvanSix operates some of the largest and most efficient plants in Chesterfield, VA; Hopewell, VA; Philadelphia, PA; and Pottsville, PA. These facilities are instrumental in producing resins, films, fertilizers, and chemical intermediates that are integral to everyday products and industries.

The company’s core product, Nylon 6, is a synthetic material extensively used in the production of engineered plastics, fibers, filaments, and films. These in turn are essential components in automotive and electronic parts, carpets, sports apparel, fishing nets, and various types of packaging. Beyond Nylon 6, AdvanSix also produces caprolactam, ammonium sulfate fertilizers, and other chemical intermediates, ensuring a diversified product offering.

AdvanSix prides itself on its rapid response to customer needs, supported by a team of chemical engineers, agronomists, logistics experts, and dedicated support staff. The company's end markets include carpet and textile manufacturing, engineering plastics, industrial filament, and high-value crops, indicating a broad and impactful reach.

Recent achievements highlight AdvanSix’s commitment to innovation and efficiency. Their research and development efforts span North America, Asia, and India, focusing on advancing process technologies and new product development. These initiatives aim to lead the Nylon industry into the future, ensuring the company remains at the cutting edge of material science.

Financially, AdvanSix has shown solid performance, with the majority of its revenue derived from the United States while also expanding its international footprint. Strategic partnerships and ongoing projects aim to bolster its market position and drive growth.

For the latest updates and relevant information on AdvanSix’s performance, events, and developments, stay tuned to our comprehensive news section.

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AdvanSix (ASIX) will release its first quarter 2024 financial results on May 3, followed by a conference call. Investors can join the call and access presentation materials via the company's investor website.
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AdvanSix (ASIX) achieves ISCC PLUS certification for its manufacturing sites, demonstrating commitment to sustainable practices and circular economy principles. The certification validates the adoption of clear, transparent, and traceable practices, supporting the use of recycled materials and sustainable manufacturing. AdvanSix aims to help customers meet environmental goals while building a socially responsible future.
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AdvanSix (ASIX) reports 4Q23 sales of $382 million, down 5% YoY, with a net loss of ($0.19) per share. Full-year 2023 sales decreased by 21%, net income down to $54.6 million. Adjusted EBITDA for the quarter was $15.1 million, a significant decrease from the previous year.
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AdvanSix (ASIX) has experienced a process-based operational disruption at its Frankford, Pennsylvania manufacturing site, leading to reduced phenol and acetone production at multiple facilities. The company is focused on the safe return of operations and aims to mitigate the impact on customers. The incident is expected to have an $18 to $23 million unfavorable impact on pre-tax income in the first quarter of 2024. However, it did not materially impact the fourth quarter of 2023 results. AdvanSix will provide further financial results and outlook during a conference call on February 16th.
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AdvanSix (ASIX) will release its Q4 and full year 2023 financial results on February 16, followed by an investor conference call at 9:00 a.m. ET. Investors can access the call and presentation materials through the company's website. A replay of the call will be available until February 23.
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AdvanSix (NYSE: ASIX) reported financial results for Q3 2023, with sales of $323 million, down 33% YoY. The company experienced a net loss of $8.0 million and adjusted EBITDA of $7.3 million. Cash flow from operations was $20.8 million, and capital expenditures were $25.1 million. AdvanSix repurchased 266,959 shares for approximately $9.3 million in the quarter.
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AdvanSix to release Q3 2023 financial results and hold conference call
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AdvanSix CFO to present at CL King & Associates Best Ideas Conference
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FAQ

What is the current stock price of AdvanSix (ASIX)?

The current stock price of AdvanSix (ASIX) is $28.05 as of December 20, 2024.

What is the market cap of AdvanSix (ASIX)?

The market cap of AdvanSix (ASIX) is approximately 755.7M.

What does AdvanSix Inc. specialize in?

AdvanSix Inc. specializes in manufacturing Nylon 6 polymer resin, fertilizers, and chemical intermediates used in various industries.

Where is AdvanSix Inc. headquartered?

AdvanSix Inc. is headquartered in New Jersey, USA.

What are the primary products of AdvanSix?

The primary products include Nylon 6 resin, caprolactam, ammonium sulfate fertilizers, and various chemical intermediates.

Which industries does AdvanSix serve?

AdvanSix serves industries such as automotive, electronics, textiles, carpet manufacturing, and packaging.

Where are AdvanSix’s production facilities located?

AdvanSix’s production facilities are located in Chesterfield, VA; Hopewell, VA; Philadelphia, PA; and Pottsville, PA.

How does AdvanSix support customer needs?

AdvanSix supports customer needs through its team of chemical engineers, agronomists, logistics experts, and support staff, ensuring rapid response and quality service.

Is AdvanSix involved in research and development?

Yes, AdvanSix is heavily involved in R&D, focusing on innovative process technologies and new product development across North America, Asia, and India.

Where does AdvanSix derive the majority of its revenue?

AdvanSix derives the majority of its revenue from the United States.

What are some of AdvanSix’s recent achievements?

AdvanSix’s recent achievements include advancements in process technologies and new product developments aimed at leading the Nylon industry into the future.

How can I stay updated on AdvanSix’s latest news and developments?

You can stay updated by following the comprehensive news section on our website, which provides the latest information about AdvanSix’s performance, events, and developments.

AdvanSix Inc.

NYSE:ASIX

ASIX Rankings

ASIX Stock Data

755.69M
25.86M
3.25%
89.94%
1.12%
Chemicals
Plastic Materials, Synth Resins & Nonvulcan Elastomers
Link
United States of America
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