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Mar 24, 2020

Ingevity announces webinar series on businesses and sustainability

PRESS RELEASE

NORTH CHARLESTON, S.C., March 24, 2020 – Ingevity Corporation (NYSE:NGVT) today announced that it will conduct a webinar series over the next four months in order to continue to educate analysts and investors about its businesses. The webinars will be conducted via teleconference and webcast and will be accessible on Ingevity’s Investor Relations site. The schedule is as follows:

DATE TOPIC PRESENTER(S)
April 16, 2020 Pavement Technologies Mike Smith, EVP and President, Performance Chemicals; Andrew Crow, Vice President, Pavement Technologies
May 28, 2020 Engineered Polymers Mike Smith, EVP and President, Performance Chemicals; Stephen Lewis, Vice President, Engineered Polymers
June 11, 2020 Industrial Specialties / Oilfield Technologies Mike Smith, EVP and President, Performance Chemicals; Nick Kob, Vice President, Oilfield Technologies; Rich White, Vice President, Industrial Specialties
June 25, 2020 Performance Materials Ed Woodcock, EVP and President, Performance Materials
July 14, 2020 Sustainability Marty Heyne, SVP, Operations; Hunter Harris, Director, Sustainability

 

“We remain committed to transparency and education as part of our investor relations initiatives,” said Rick Kelson, Ingevity’s chairman of the board, and interim president and CEO. “We believe that in this era of ‘social distancing,’ this webinar series should help the financial community better understand our businesses and the strong runway for growth for our company.”

The webcasts will be accessible through the investors section of Ingevity.com. Audio dial-in information will be posted onto the website and issued via news release 24 hours prior to the start of the webcast. A slide deck for the webcast will be posted to the Presentations page of the investors section of Ingevity’s website prior to the call. For those unable to join the live event, a replay of the webcast will be available beginning later that day.

Ingevity: Purify, Protect and Enhance

Ingevity provides specialty chemicals, high-performance carbon materials and engineered polymers that purify, protect and enhance the world around us. Through a team of talented and experienced people, Ingevity develops, manufactures, and brings to market products and processes that help customers solve complex problems. These products are used in a variety of demanding applications, including asphalt paving, oil exploration and production, agrochemicals, adhesives, lubricants, publication inks, coatings, elastomers, bioplastics and automotive components that reduce gasoline vapor emissions. Headquartered in North Charleston, South Carolina, Ingevity operates from 25 locations around the world and employs approximately 1,850 people. The company is traded on the New York Stock Exchange (NYSE: NGVT). For more information visit www.ingevity.com.

Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. Such forward looking statements generally include the words “may,” “could,” “should,” “believes,” “plans,” “intends,” “targets,” “will,” “expects,” “suggests,” “anticipates,” “outlook,” “continues,” “forecast,” “prospect,” “potential” or similar expressions. Forward-looking statements may include, without limitation, expected financial positions, results of operations and cash flows; financing plans; business strategies and expectations; operating plans; impact of coronavirus; synergies and the potential benefits of the acquisition of Perstorp Holding AB’s Capa caprolactone business (the “acquisition”); capital and other expenditures; competitive positions; growth opportunities for existing products; benefits from new technology and cost-reduction initiatives, plans and objectives; markets for securities and expected future repurchases of shares, including statements about the manner, amount and timing of repurchases. Like other businesses, Ingevity is subject to risks and uncertainties that could cause its actual results to differ materially from its expectations or that could cause other forward-looking statements to prove incorrect. Factors that could cause actual results to materially differ from those contained in the forward-looking statements, or that could cause other forward-looking statements to prove incorrect, include, without limitation, risks that the expected benefits from the acquisition will not be realized or will not be realized in the expected time period; the risk that the acquired business will not be integrated successfully; significant transaction costs; unknown or understated liabilities; general economic and financial conditions; international sales and operations; currency exchange rates and currency devaluation; compliance with U.S. and foreign regulations; competition from infringing intellectual property activity; attracting and retaining key personnel; changes in trade policy, including the imposition of tariffs; the impact of the United Kingdom’s withdrawal from the European Union; conditions in the automotive market or adoption of alternative technologies; worldwide air quality standards; a decrease in government infrastructure spending; declining volumes and downward pricing in the printing inks market; the limited supply of crude tall oil (“CTO”); lack of access to sufficient CTO; access to and pricing of raw materials; competition from producers of alternative products and new technologies, and new or emerging competitors; a prolonged period of low energy prices; the provision of services by third parties at several facilities; natural disasters, such as hurricanes, winter or tropical storms, earthquakes, floods, fires; the adverse effect of the coronavirus on our global sales and operations, demand for our automotive carbon products, and our manufacturing facilities and supply chain; other unanticipated problems such as labor difficulties including renewal of collective bargaining agreements, equipment failure or unscheduled maintenance and repair; protection of intellectual property and proprietary information; information technology security breaches and other disruptions; government policies and regulations, including, but not limited to, those affecting the environment, climate change, tax policies, tariffs and the chemicals industry; and lawsuits arising out of environmental damage or personal injuries associated with chemical or other manufacturing processes. These and other important factors that could cause actual results or events to differ materially from those expressed in forward-looking statements that may have been made in this document are and will be more particularly described in our filings with the U.S. Securities and Exchange Commission, including our Form 10-K for the year ended December 31, 2019 and our other periodic filings.  Readers are cautioned not to place undue reliance on Ingevity’s projections and forward-looking statements, which speak only as the date thereof. Ingevity undertakes no obligation to publicly release any revision to the projections and forward-looking statements contained in this press release, or to update them to reflect events or circumstances occurring after the date of this announcement.


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Contact Info

Laura Woodcock

Manager, Public Relations
media@ingevity.com

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