Koppers Holdings Inc

Koppers Holdings Inc. supplies treated wood products, wood preservation chemicals, and carbon compounds across the United States, Australasia, Europe, and other international markets. It operates through three segments: Railroad and Utility Products and Services; Performance Chemicals; and Carbon Materials and Chemicals. The company treats crossties, switch ties, and lumber for railroad bridges and crossings, offers utility pole treatment and inspection services, and provides copper-based wood preservatives under the MicroPro and MicroShades brands, as well as fire-retardant chemicals under the FlamePro brand. It also produces creosote, carbon pitch, naphthalene, and carbon black feedstock, serving the railroad, specialty chemical, utility, residential lumber, agriculture, aluminum, steel, rubber, and construction sectors. Founded in 1988, Koppers Holdings Inc. is headquartered in Pittsburgh, Pennsylvania.

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Koppers lowers 2026 adjusted EBITDA outlook to $240 million–$250 million on cost pressures

Koppers lowered its 2026 adjusted EBITDA outlook to $240 million–$250 million from ongoing cost pressures, particularly higher coal tar, freight and logistics costs in its Carbon Materials and Chemicals segment. The company maintained its sales forecast of $1.9 billion–$2 billion. Second-quarter sales increased 3% to $520 million, but adjusted EBITDA fell 7.9% to $71 million. Koppers generated record first-half operating cash flow of $96 million and free cash flow of $73 million, enabling $22 million of debt reduction and $47 million in shareholder returns. The company is accelerating the Stickney, Illinois, distillation shutdown to September 2026 and expects the transition to provide $15 million–$20 million in annual adjusted EBITDA benefits.

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