Risk Factors Update Summary
- Identified impairment trigger in European PO joint venture, resulting in a non-cash charge of $192 million.
- Added potential adverse effects on ability to deliver products, including political instability in multiple countries.
- New ESG regulations may require new practices, impacting compliance risk and ability to sell products.
- No borrowings outstanding under commercial paper program, increasing available credit capacity to $3.25 billion.
- Legislative reforms in the EU may accelerate reduction of emissions, impacting demand for products.
- Failure to achieve circularity goals could impact access to capital and demand for products.
- Increased GHG emissions reduction targets for 2030, aiming for net zero scope 1 and 2 emissions.
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=1489393&owner=exclude
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