Nov 29, 2023 / 03:50PM GMT
Roger Spitz - BofA Global Research - Analyst
Good morning. I'm Roger Spitz, and I cover the high-yield chemicals and paper and packaging sectors at Bank of America and have the pleasure of hosting a fireside chat with Koppers. And we have this morning Jimmie Sue Smith, Chief Financial Officer.
As a reminder, we are webcasting this event. (Event Instructions)
So Koppers reports in three segments, as you probably all know: performance chemicals or PC, where Koppers sells wood treatment production chemicals, for example, wood preservatives, mainly for residential applications like decking; second, railroad and utility products and services or RUPS, where Koppers sells treated and untreated wood products to railroads, such as crossties and also cell utility poles; and then the third is carbon materials and chemicals or CMC, where Koppers is a leader in cold tar distillation, manufacturing a number products, including carbon pitch used to make aluminum anodes, creosote used in wood treatment, as well as carbon black feedstock and naphthalene, which Koppers then turns into phthalic anhydride,
Koppers Holdings Inc at Bank of America Leveraged Finance Conference Transcript
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