secwatch.observer — SEC 8-K summary
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Issuer:     AdvanSix Inc. (ASIX)
CIK:        0001673985
Form:       8-K
Filed at:   2024-01-19T23:59:59+00:00
Accession:  0001673985-24-000005
Event type: other_material
Sentiment:  negative
Materiality: 0.75
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AdvanSix reports operational disruption at Frankford plant; expects $18-23M Q1 pre-tax impact
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- Process disruption at Frankford, PA site; phenol/acetone production reduced; also impacts Hopewell and Chesterfield, VA facilities.
- No health, safety, or environmental issues; full return to planned rates expected by end of January.
- Pulled forward planned maintenance at Hopewell facility originally scheduled later in Q1.
- Expects $18-23M unfavorable pre-tax income impact in Q1 2024 from fixed cost absorption, lost sales, and replacement product costs.
- No material impact on Q4 2023 results; conference call on Feb 16 at 9am ET to discuss Q4 and FY2023 results.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1673985/000167398524000005/0001673985-24-000005-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1673985/000167398524000005/asix-20240119.htm
  HTML page:      https://secwatch.observer/filing/0001673985-24-000005

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