Nouryon chairman and CEO Charlie Shaver.
Nouryon chairman and CEO Charlie Shaver.

Nouryon says that it showed growth its full-year 2019 financial results, despite challenging conditions in several end markets.

Adjusted EBITDA increased by 5%, and revenues were slightly up, the company said, from €5064 million to €5082 million.

‘This is another solid set of results,’ said chairman and CEO Charlie Shaver. ‘Our commercial excellence and operational improvement initiatives along with our cost discipline have shown that we can deliver improvements in profitability even when market conditions are challenging.’

Shaver said that the company planned to invest in capacity expansions and bolt-on acquisitions in 2020.

This story uses material from Nouryon, with editorial changes made by Materials Today. The views expressed in this article do not necessarily represent those of Elsevier.