Financial
Auto supplier Adient plc says it saw $15.4 billion in sales for its 2023 financial year, which ended Sept. 30, representing a 9 percent boost from 2022.
The maker of iconic food storage containers had warned about financial problems earlier this year.
Some high-profile plastics shareholder resolutions received less support this year at public companies, amid a pushback against environmental, social and governance measures.
The rotomolder combined two facilities in northern Indiana as the company looks to cut costs.
Westlake Corp., DuPont Co. and Huntsman Corp. all saw sizable drops in sales and profit in the second quarter.
Avient Corp. reported lower financial results for the first quarter of 2023 as the result of a slowing global economy.
Study finds 92 percent were profitable in 2022 and many expect a sales increases this year, but tool suppliers start off 2023 "dangerously slow."
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