The chemical industry continued to grapple with weak demand, rising raw materials and energy prices and customer destocking in the second quarter of 2023. Many companies are responding with cost-cutting measures, including divestitures, plant closures and restructuring. Settlements related to per-and polyfluoroalkyl substances (PFAS) water contamination also impacted earnings for Chemours during the fiscal period.
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About the Author
Jonathan Katz
Executive Editor
Jonathan Katz, executive editor, brings nearly two decades of experience as a B2B journalist to Chemical Processing magazine. He has expertise on a wide range of industrial topics. Jon previously served as the managing editor for IndustryWeek magazine and, most recently, as a freelance writer specializing in content marketing for the manufacturing sector.
His knowledge areas include industrial safety, environmental compliance/sustainability, lean manufacturing/continuous improvement, Industry 4.0/automation and many other topics of interest to the Chemical Processing audience.
When he’s not working, Jon enjoys fishing, hiking and music, including a small but growing vinyl collection.
Jon resides in the Cleveland, Ohio, area.