Risk Factors Update Summary
- Geopolitical events may impact business operations, with potential disruptions to raw material supply chains.
- Sanctions could restrict business with certain countries, affecting raw material sourcing and customer relationships.
- Loss of coal tar supply due to geopolitical events negatively impacted the European CMC business.
- Increased labor shortages at production facilities may disrupt operations and impact profitability.
- Pension underfunding increased to $26 million, influenced by interest rate fluctuations and discounted liabilities.
- Post-retirement benefit obligations are unfunded and total $2 million as of December 31, 2023.
- Changes in tax laws globally may impact the company's tax liabilities and financial performance.
Full Text Changes in Most Recent 10-K
Intended use: review the highlighted statements. These are additions to the risk factors disclosure in the most recent 10-K filing compared to the previous 10-K filing. Deleted and moved text is less important and is shown for context.
To view the full company filings, click on the following link to be taken to the SEC EDGAR database landing page for the company: https://www.sec.gov/edgar/browse/?CIK=1315257&owner=exclude
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