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Chemical maker to cut 100s of jobs, shutter Gulf Coast plant | Business

Ingeveity Closing DeRidder Location

Ingeveity Closing DeRidder Location
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Ingevity announces further repositioning of its Performance Chemicals business, including the closure of its DeRidder, Louisiana, facility and additional company-wide cost reduction actions

Company taking next steps in executing strategy that focuses on higher margin and higher growth specialty products, diversifies feedstocks and optimizes manufacturing network Exiting certain.

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Ingevity reports third quarter 2023 financial results

01.11.2023 - Ingevity Corporation (NYSE: NGVT) today reported its financial results for the third quarter 2023. Third quarter net sales of $446.0 million declined 7% versus the record prior year quarter, reflecting lower volumes due to weak industrial demand .

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