Slideshow: Second-Quarter 2023 Chemical Processing Earnings Roundup

Aug. 21, 2023

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.

Related slideshow:

 First-Quarter 2023 Chemical Industry Earnings: How 5 Key Players Fared

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.