EBITDA Increase
EBITDA increased by approximately 32%, a significant improvement over Q1 2024, despite still being at low levels.
Consumer Protection Segment Growth
The Consumer Protection segment saw a sharp increase, largely due to a weak comparable base in Q1 2024.
Successful Divestiture of Urethanes Business
The divestiture of the Urethanes business to UBE was completed faster than expected, with proceeds intended to strengthen the balance sheet.
US Tariff Impact Management
Numerous product categories are exempted from tariffs, creating a relative price advantage over Chinese competitors, which the company plans to leverage for volume and price gains.