Tredegar Corporation

Tredegar Plans to Release Fourth Quarter 2023 Financial Results on March 15, 2024

Retrieved on: 
Thursday, March 7, 2024

Tredegar Corporation (NYSE:TG) plans to release financial results for the fourth quarter of 2023 on March 15, 2024.

Key Points: 
  • Tredegar Corporation (NYSE:TG) plans to release financial results for the fourth quarter of 2023 on March 15, 2024.
  • Tredegar Corporation is an industrial manufacturer with three primary businesses: custom aluminum extrusions for the North American building & construction, automotive and specialty end-use markets; surface protection films for high-technology applications in the global electronics industry; and specialized polyester films primarily for the Latin American flexible packaging market.
  • Tredegar had 2022 sales from continuing operations of $939 million.
  • With approximately 2,000 employees, the Company operates manufacturing facilities in North America, South America, and Asia.

Bonnell Aluminum Commenting on Preliminary Countervailing Duty Ruling

Retrieved on: 
Wednesday, March 6, 2024

Bonnell Aluminum, a subsidiary of Tredegar Corporation (NYSE: TG), is pleased with the U.S. Department of Commerce’s ruling to institute preliminary countervailing duties on unfairly traded imports of aluminum extrusions.

Key Points: 
  • Bonnell Aluminum, a subsidiary of Tredegar Corporation (NYSE: TG), is pleased with the U.S. Department of Commerce’s ruling to institute preliminary countervailing duties on unfairly traded imports of aluminum extrusions.
  • Additional details are available in the March 5, 2024, press release by Wiley Rein LLP:

Terphane is Awarded GREAT PLACE TO WORK “Best Place to Work - Industry” in Brazil For Fourth Consecutive Year

Retrieved on: 
Wednesday, December 20, 2023

Terphane , a subsidiary of Tredegar Corporation (NYSE: TG), has been awarded by Great Place to Work (“GPTW” – www.gptw.com.br ) “Best Place to Work – Industry” in Brazil for the fourth consecutive year.

Key Points: 
  • Terphane , a subsidiary of Tredegar Corporation (NYSE: TG), has been awarded by Great Place to Work (“GPTW” – www.gptw.com.br ) “Best Place to Work – Industry” in Brazil for the fourth consecutive year.
  • The first was in October, when Terphane was in the ranking of the 30 companies for “Best Place to Work in Pernambuco” for the sixth consecutive year.
  • View the full release here: https://www.businesswire.com/news/home/20231220848561/en/
    “This recognition demonstrates Terphane’s commitment to promoting a solid organizational culture and strengthening our ESG initiatives.
  • Great Place to Work offers recognition and tools to help leaders and organizations elevate their employer brands, capture and understand employee experiences, build cultures that retain talent, and unlock the potential of every employee.

Bonnell Aluminum Commenting on Initial Determination by ITC

Retrieved on: 
Monday, November 20, 2023

Bonnell Aluminum, a subsidiary of Tredegar Corporation (NYSE: TG), is pleased with the initial determination by the International Trade Commission delivered on November 17, 2023, to institute an investigation into alleged unfairly traded imports of aluminum extrusions from 14 countries.

Key Points: 
  • Bonnell Aluminum, a subsidiary of Tredegar Corporation (NYSE: TG), is pleased with the initial determination by the International Trade Commission delivered on November 17, 2023, to institute an investigation into alleged unfairly traded imports of aluminum extrusions from 14 countries.
  • Additional details are available in the November 17, 2023, press release by Wiley Rein LLP:

NewMarket Announces the Election of Lilo Simmons Ukrop as Director

Retrieved on: 
Thursday, October 26, 2023

NewMarket Corporation (NYSE: NEU) announced today that Lilo Simmons Ukrop has been elected to the Board of Directors, effective October 26, 2023.

Key Points: 
  • NewMarket Corporation (NYSE: NEU) announced today that Lilo Simmons Ukrop has been elected to the Board of Directors, effective October 26, 2023.
  • in Mechanical Engineering from Tulane University and a M.B.A. from the Darden Graduate School of Business Administration at the University of Virginia.
  • She is expected to stand for election at the 2024 Annual Meeting of NewMarket shareholders.
  • We look forward to benefiting from her leadership and guidance in the future,” said Thomas E. Gottwald, Chairman and CEO of NewMarket.

Bonnell Aluminum Commenting on Recent Trade Filing from Aluminum Extruders Coalition and United Steelworkers Union

Retrieved on: 
Thursday, October 5, 2023

Bonnell Aluminum, a subsidiary of Tredegar Corporation (NYSE: TG), applauds the U.S. Aluminum Extruders Coalition - which Bonnell Aluminum is part of - and the United Steelworkers union following the October 4, 2023, filing of antidumping and countervailing duty petitions to remedy the unfairly traded imports of aluminum extrusions from China, Colombia, the Dominican Republic, Ecuador, India, Indonesia, Italy, Malaysia, Mexico, South Korea, Taiwan, Thailand, Turkey, the United Arab Emirates and Vietnam.

Key Points: 
  • Bonnell Aluminum, a subsidiary of Tredegar Corporation (NYSE: TG), applauds the U.S. Aluminum Extruders Coalition - which Bonnell Aluminum is part of - and the United Steelworkers union following the October 4, 2023, filing of antidumping and countervailing duty petitions to remedy the unfairly traded imports of aluminum extrusions from China, Colombia, the Dominican Republic, Ecuador, India, Indonesia, Italy, Malaysia, Mexico, South Korea, Taiwan, Thailand, Turkey, the United Arab Emirates and Vietnam.
  • “We are determined to end the significant surge of unfairly dumped and subsidized imports of aluminum extrusions that have flooded the U.S. market,” said Brook Hamilton, president of Bonnell Aluminum.
  • “Enforcing our trade laws will ensure that U.S. aluminum manufacturers are given the opportunity to compete on a level playing field.
  • We must stand up for American manufacturers and put an end to the continuous layoffs that are devastating our workers, our industry, and our communities.”

Tredegar Agrees to Sell Terphane to Oben Group

Retrieved on: 
Friday, September 1, 2023

Tredegar Corporation (NYSE:TG) announced today that it has agreed to sell its flexible packaging films (“Terphane”) business to affiliates of Oben Group for net debt-free base consideration of $116 million.

Key Points: 
  • Tredegar Corporation (NYSE:TG) announced today that it has agreed to sell its flexible packaging films (“Terphane”) business to affiliates of Oben Group for net debt-free base consideration of $116 million.
  • For the 12 months ended June 30, 2023, net sales and EBITDA from ongoing operations for Terphane were $152 million and $16.4 million, respectively.
  • We look forward to the employees of Terphane joining the Oben team.”
    J.P. Morgan Securities LLC is serving as financial advisor to Tredegar, and Hunton Andrews Kurth LLP is serving as U.S. corporate counsel to Tredegar.
  • Readers are urged to review and consider carefully the disclosures Tredegar makes in its filings with the SEC.

Origin Materials and Terphane Form Strategic Partnership to Produce Sustainable, High-Performance Packaging

Retrieved on: 
Thursday, August 3, 2023

Origin Materials , Inc. (“Origin,” “Origin Materials,” or the “Company”) (NASDAQ: ORGN, ORGNW), the world’s leading carbon negative materials company with a mission to enable the world’s transition to sustainable materials, and Terphane, part of Tredegar Corporation (NYSE:TG), a global leader in specialty PET polyester films (“BOPET”), announced today a strategic partnership to produce sustainable, high-performance bio-polymer films.

Key Points: 
  • Origin Materials , Inc. (“Origin,” “Origin Materials,” or the “Company”) (NASDAQ: ORGN, ORGNW), the world’s leading carbon negative materials company with a mission to enable the world’s transition to sustainable materials, and Terphane, part of Tredegar Corporation (NYSE:TG), a global leader in specialty PET polyester films (“BOPET”), announced today a strategic partnership to produce sustainable, high-performance bio-polymer films.
  • View the full release here: https://www.businesswire.com/news/home/20230803017982/en/
    As part of the partnership, Terphane signed a multi-year capacity reservation agreement to purchase the advanced bio-polymer PEF for use in film applications, including food and beverage packaging and high-value industrial applications.
  • “We are pleased to partner with Terphane, a trusted global leader in films with expansive customer and partner relationships,” said Rich Riley, Co-CEO of Origin Materials.
  • Origin Materials’ patented technology platform represents a potential breakthrough in the commercialization of cost-competitive and low-carbon PEF.

Tredegar Plans to Release Second Quarter 2023 Financial Results on August 9, 2023

Retrieved on: 
Wednesday, August 2, 2023

Tredegar Corporation (NYSE:TG) plans to release financial results for the second quarter of 2023 on August 9, 2023.

Key Points: 
  • Tredegar Corporation (NYSE:TG) plans to release financial results for the second quarter of 2023 on August 9, 2023.
  • Tredegar Corporation is an industrial manufacturer with three primary businesses: custom aluminum extrusions for the North American building & construction, automotive and specialty end-use markets; surface protection films for high-technology applications in the global electronics industry; and specialized polyester films primarily for the Latin American flexible packaging market.
  • Tredegar had 2022 sales from continuing operations of $939 million.
  • View source version on businesswire.com: https://www.businesswire.com/news/home/20230801555122/en/

Tredegar Board Declares Quarterly Dividend

Retrieved on: 
Friday, May 5, 2023

The board of directors of Tredegar Corporation (NYSE:TG) declared a quarterly dividend of thirteen cents ($0.13) per share on the company’s common stock.

Key Points: 
  • The board of directors of Tredegar Corporation (NYSE:TG) declared a quarterly dividend of thirteen cents ($0.13) per share on the company’s common stock.
  • The dividend is payable on July 3, 2023 to shareholders of record at the close of business on June 19, 2023.
  • Tredegar had 2022 sales of $939 million.
  • With approximately 2,200 employees, the Company operates manufacturing facilities in North America, South America, and Asia.