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Ashland warns that shipping, logistics and packaging challenges are weighing on performance

·1 min read
Ashland warns that shipping, logistics and packaging challenges are weighing on performance
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Specialty materials company Ashland Global Holdings Inc. said Monday that continued challenges in shipping, logistics and packaging are hampering its ability to meet strong customer demand. "Specifically, accounting for on-time freight and logistics unreliability over the past few months, Ashland now anticipates fiscal year Adjusted EBITDA could be up to $10 million below the low-end of the previously communicated range of $570 million to $590 million," the company warned in a statement. The com