The company said, “We anticipate Adjusted EBITDA of approximately $200 million for the full year. This forecast assumes no recovery in the back half of the year, as the seasonally higher volumes we typically see are dampened by trade uncertainty. However, we don’t believe this depressed level of demand is structural, and expect it to improve upon realization of a more stable trade environment. We remain intensely focused on what we can control-optimizing working capital, reducing discretionary spend, and executing targeted actions to preserve liquidity. These efforts are critical to maintaining financial flexibility and ensuring we can continue investing in our growth platforms and circular technologies, even amid persistent market uncertainty.”
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