Venator Materials PLC (VNTR) Provides Q3 Business Update
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Venator Materials PLC (NYSE: VNTR) ("Venator") today provided a third quarter business update.
Simon Turner, President and CEO of Venator, commented, "During the third quarter we saw a meaningful decline in sales volume for our TiO2 products in the European and Asian regions. We expect to report third quarter TiO2 sales volumes to be approximately 25% lower than in the second quarter. With limited outlook visibility and persistently high European energy costs, we have reduced production at our Uerdingen, Germany, facility to minimal levels and are reducing production at our Duisburg facility in Germany as well. We are also implementing other cost mitigation actions across the business. Demand for products from our Performance Additives businesses has been more resilient and the segment continues to perform reasonably well."
Venator will hold a conference call to discuss its third quarter 2022 financial results on Monday, November 14, 2022, at 08:00 a.m. ET. Results will be released to the public before the market opens that day via PR Newswire.
Call-in numbers for the conference call: | |
U.S. participants | 1-833-366-1118 |
International participants | 1-412-902-6770 |
(No passcode required) |
In order to facilitate the registration process, you may use the following link to pre-register for the conference call. Callers who pre-register will be given a unique PIN and separate call-in number to gain immediate access to the call and bypass the live operator. To pre-register, please go to:
https://dpregister.com/sreg/10171846/f4af61c878
Webcast InformationThe conference call and an accompanying presentation will be available via live webcast and can be accessed from the company's website at www.venatorcorp.com/investor-relations. Participants are encouraged to dial into the call or link to the webcast at least fifteen minutes prior to the scheduled start time.
Replay InformationThe conference call will be available for replay beginning November 14, 2022 and ending November 21, 2022.
Call-in numbers for the replay: | |
U.S. participants | 1-877-344-7529 |
International participants | 1-412-317-0088 |
Passcode | 6008355 |
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