Welcome to our dedicated page for Koppers Hldgs news (Ticker: KOP), a resource for investors and traders seeking the latest updates and insights on Koppers Hldgs stock.
Koppers Holdings Inc. (NYSE: KOP) provides essential treated wood products and carbon compounds for global infrastructure markets. This news hub offers investors and industry professionals timely updates on operational developments, financial performance, and strategic initiatives shaping this industrial solutions provider.
Access official press releases covering earnings announcements, facility expansions, and product innovations across three core segments: Railroad & Utility Products, Performance Chemicals, and Carbon Materials. Stay informed about partnerships, sustainability efforts, and market positioning in wood preservation technologies.
Our curated news collection enables efficient tracking of Koppers' global manufacturing developments and supply chain enhancements. Monitor updates on critical infrastructure projects, chemical treatment advancements, and regulatory compliance milestones that impact long-term value creation.
Bookmark this page for direct access to verified corporate communications. Combine these resources with SEC filings and industry analysis to maintain a comprehensive view of Koppers' role in railroad safety, utility infrastructure, and industrial chemical markets.
Koppers Holdings Inc. (NYSE: KOP) announced that it will release its Q1 2023 financial results before the market opens on May 5, 2023, followed by a conference call at 11:00 a.m. ET. The call can be accessed by dialing 833-366-1128 (US/Canada) or 412-902-6774 (international), with a Conference ID of 10176990. Audio replay will be available approximately two hours after the call and can be accessed until August 5, 2023. Koppers is a global provider of treated wood products and carbon compounds, serving diverse end markets, including railroad and construction. For more information, please visit www.koppers.com.
Koppers Holdings Inc. (NYSE: KOP) awarded its annual Zero Harm President's Award to the Ashcroft facility in British Columbia for outstanding safety, environmental responsibility, and innovation performance.
In 2022, Ashcroft achieved zero property damage incidents and the highest number of employee-generated innovations. The facility supplies treated railroad crossties and related products to clients in Western Canada, the Pacific Northwest, and Alaska.
CEO Leroy Ball emphasized the team's collaborative effort in achieving these results. The facility received a $5,000 donation for a local food bank as part of its recognition. Koppers remains committed to promoting a Zero Harm culture, which has led to improved safety metrics, including reduced Total Recordable Rate and Days Away Restricted or Transferred Rate.
Koppers Holdings Inc. (NYSE: KOP) announced the successful closing of a $400 million senior secured Term Loan B (TLB) with a 7-year term. The loan, which carries an interest rate at the company's option of adjusted Term SOFR plus 4.00%, will be used primarily to redeem $500 million of 6.00% Senior Unsecured Notes due in 2025. CFO Jimmi Sue Smith emphasized that this refinancing enhances the company's balance sheet flexibility and risk management by extending the maturity of its debt profile. The company plans to implement hedging strategies to balance its interest rate exposure. Wells Fargo is the administrative agent for the TLB, with several banks acting as joint lead arrangers.
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