Industry News, Suppliers News

Ingevity Reports Preliminary 4Q, Full Year 2020 Financial Results

Company announces FY 2021 guidance for sales between $1.25 billion and $1.3 billion and adjusted EBITDA between $400 million and $420 million.

Author Image

By: DAVID SAVASTANO

Editor, Ink World Magazine

Driven by continued recovery of global automotive production, an increase in demand for engineered polymers, and ongoing global paving activity, Ingevity Corporation reported solid gains for its fourth quarter and full year 2020. “We finished the year strongly and delivered solid fourth quarter results,” said John Fortson, president and CEO. “Our businesses were resilient despite challenging conditions. Strong automotive production and sales in China and a highly favorable shift to trucks and S...

Continue reading this story and get 24/7 access to Ink World magazine for FREE


Already a subscriber? Sign in

Keep Up With Our Content. Subscribe To Ink World magazine Newsletters