Nov. 1 at 11:13 AM
$ASIX AdvanSix sees 2024 CapEx
$135M-
$140M
2024 CapEx view reflects refined execution timing to address critical enterprise risk mitigation and growth projects. As a result of additional required maintenance and a delayed ramp to full operating rates at our Hopewell site following our planned plant turnaround, expects an incremental approximately
$17M unfavorable impact to pre-tax income in 4Q24, inclusive of
$10M related to fixed cost absorption and higher maintenance expense, and
$7M of lost sales; no impact on 3Q24 results.