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KOP

Koppers Holdings

$23.58 /

-2.01 (-7.85%)

08:18
02/27/20
02/27
08:18
02/27/20
08:18

Koppers Holdings plans to enter the copper naphthenate market

Koppers Holdings plans to enter the copper naphthenate wood preservative market. Koppers is actively evaluating opportunities to develop in-house manufacturing capabilities of copper naphthenate to further its vertical integration business model. In addition, the company may also consider entering into supply arrangements with one or more source(s), as appropriate. This move partially fills an industry gap left by Cabot Microelectronics' previously announced decision to exit the production of pentachlorophenol. Koppers does not manufacture penta and after a careful analysis has decided against doing so due to the likelihood of increased regulatory pressure. Koppers does treat with penta and will continue to support its customers while assisting them in making the transition to a preservative choice that best fits their needs.

  • 27

    Feb

KOP Koppers Holdings
$23.58 /

-2.01 (-7.85%)

11/11/19 Barrington
Koppers Holdings price target raised to $50 from $35 at Barrington

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