Koppers Inc., a wholly-owned subsidiary of Koppers Holdings Inc. announced that the company's 75%-owned subsidiary, Koppers (Jiangsu) Carbon Chemical Company Limited (KJCC) will again provide soft pitch product to its major customer in China under a special purchase order in an effort to continue managing product inventories at the plant.
This purchase order is not intended to either resolve or affect the previously disclosed contractual dispute between KJCC and its major customer. The special purchase order will be in effect from April 1 through June 30, 2019.
Koppers does not expect this development to have any material impact on its full-year 2019 operations or financial performance.
Koppers, with corporate headquarters in Pittsburgh, Pennsylvania, is an integrated global provider of treated wood products, wood treatment chemicals and carbon compounds.
