Latest news with #capacityadditions
Yahoo
23-05-2025
- Business
- Yahoo
Global Propylene Industry Report 2025: China has Emerged as the Leading Consumer on a Global Scale, United States, China, and South Korea are the Top Producers
The global propylene market, projected to grow at a 2.6% CAGR from 2025 to 2030, sees China as the leading consumer. In 2024, China, the USA, and South Korea topped propylene production. The report covers demand-supply analysis, type segmentation, and upcoming capacity and project details. Dublin, May 23, 2025 (GLOBE NEWSWIRE) -- The "Global Propylene Market (2025)" has been added to offering. The global propylene market is steadily expanding and is forecasted to continue its upward trajectory, achieving a compound annual growth rate (CAGR) of 2.6% from 2025 to 2030. As the demand for propylene increases, China has emerged as the leading consumer on a global scale. In 2024, the top three countries in terms of propylene production were China, the United States, and South Korea, reflecting their strategic positions in the global marketplace. The growth of the propylene market is driven by key industry developments and the expansion of production capacities in major countries. This trend is underpinned by a robust demand and supply chain analysis that reveals insightful patterns both by country and by propylene type. Industry experts highlight the significance of upcoming capacity additions, with several high-impact projects on the horizon in prominent markets. Stakeholders in this sector are keenly observing the evolving landscape. Upcoming capacity additions in key countries and the details of these projects are highly sought after, as they are indicative of future market trends and potential investment opportunities. These data points provide valuable foresight into the propylene market's direction and the strategic moves of leading players. For industry players and market analysts, a comprehensive understanding of demand and supply dynamics is crucial. The forthcoming years will see a coordinated push towards expanding capacity, optimizing production processes, and ensuring sustainable growth across the industry. Consequently, market participants are advised to keep a vigilant eye on these developments to make informed strategic decisions, capitalizing on propylene's critical role in the chemical industry. The propylene market remains a robust and dynamic sector with substantial growth opportunities. As the demand for propylene continues to rise globally, the industry is poised to innovate and expand its capabilities. Market analysis and forecasts will play an essential role in navigating this dynamic environment, offering insights into both current dynamics and future projections in the global market. Key Topics Covered: Executive Summary Key Demand & Supply Drivers Developing Asian Countries & Major Trade Flows Global Capacity Additions Polypropylene Demand End-User Industries Technology & Production Key Projects For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900
Yahoo
08-05-2025
- Business
- Yahoo
Owens-Corning Inc (OC) Q1 2025 Earnings Call Highlights: Strong Revenue Growth Amid Market ...
Q : Can you discuss the scheduled capacity additions in the Insulation sector and the industry's outlook given the current market conditions? A : Todd Fister, CFO, explained that the Insulation industry is seeing new capacity additions, particularly in bat and roll production, which are larger and less flexible than loose fill assets. Despite short-term market fluctuations, long-term demand for insulation is expected to rise due to underbuilt housing in the US and increasing insulation needs per unit. Owens Corning is well-positioned to manage capacity and cost structures effectively. Tariffs are expected to have a net impact of around $10 million in Q2 2025, primarily affecting the Doors business. The company is making strategic investments in its roofing and insulation businesses to support long-term growth and improve cost positions. The company achieved an adjusted EBITDA margin of 22%, marking the 19th consecutive quarter of margins above 20%. For the complete transcript of the earnings call, please refer to the full earnings call transcript . Story Continues Q: How are you approaching pricing for fiberglass insulation in North America, given the expected revenue decline in Q2? A: Todd Fister noted that Owens Corning had a successful mid-year price increase in 2024, which continues to benefit the company in 2025. While the 2025 price increase saw limited uptake, the company still expects positive pricing in the Insulation segment for Q2, despite market uncertainties. Q: What mitigation efforts are being used to offset the impact of tariffs, particularly in Q2 and the second half of the year? A: Todd Fister highlighted several strategies, including positioning inventory ahead of tariffs, negotiating with suppliers, and sourcing outside of China. These efforts reduced the expected $50 million gross tariff impact in Q2 to a net impact of around $10 million, primarily affecting the Doors business. The company continues to explore further mitigation actions to manage tariff exposure. Q: How is Owens Corning balancing market share and margin defense in the current environment of rising prices? A: Brian Chambers, CEO, emphasized the company's focus on value creation for customers through innovation, marketing, and brand investments. Owens Corning aims to maintain price premiums by delivering value and optimizing costs, ensuring competitiveness while sustaining strong margins across economic conditions. Q: Can you provide an update on the Roofing segment, including demand, storm activity, and the impact of the Medina ramp-up? A: Brian Chambers reported strong demand in the Roofing segment, driven by nondiscretionary repair and reroof activities. While Q2 storm demand is expected to normalize, the company is seeing good price realization from an April increase. The Medina laminate line is set to start up at the end of Q2, with some manufacturing cost headwinds anticipated during the ramp-up. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus.
