AdvanSix (ASIX) risk factors, FY2024 10-K

Other

1. 01Cautionary Statement Concerning Forward-Looking Statements

Risks Relating to Our Business

1. 02The industries in which we operate experience cyclicality which can cause significant fluctuations in our cash flows and may adversely affect our business, financial condition and results of operations
2. 03Difficult and volatile conditions in the overall economy, particularly in the United States but also globally, and in the capital, credit and commodities markets could adversely affect our business, financial condition and results of operations
3. 04Any significant unplanned downtime or material disruption impacting any of our production facilities, logistics operations or information technology infrastructure, or any third party on which we rely, may adversely affect our business, financial condition and results of operations
4. 05Raw material price fluctuations and the ability of key suppliers to meet delivery requirements can increase the cost of our products and services, impact our ability to meet commitments to customers and cause us to incur significant liabilities
5. 06Disruptions in transportation or significant changes in transportation costs could adversely impact our business, financial condition and results of operations
6. 07The loss of one or more of our significant customers could adversely affect our business, financial condition and results of operations
7. 08Our operations and growth projects require substantial capital, and we may not be able to obtain additional capital that we need in the future on favorable terms or at all
8. 09Our competitive position, as well as our failure to develop and commercialize new products or technologies to address our customers’ needs and to effectively compete, could adversely affect our business, financial condition and results of operations
9. 10Hazards and compliance costs associated with chemical manufacturing, storage and transportation could adversely affect our business, financial condition and results of operations
10. 11Our business, financial condition and results of operations could be adversely affected by litigation and other commitments and contingencies
11. 12The occurrence or threat of extraordinary events, including terrorist attacks, may disrupt our operations and could adversely affect our business, financial condition and results of operations
12. 13Failure to protect our intellectual property could adversely affect our business, financial condition and results of operations
13. 14Some of our workforce is represented by labor unions and our business could be harmed in the event of a prolonged work stoppage
14. 15We depend on the recruitment and retention of qualified personnel, and our failure to attract and retain such personnel could adversely affect our business, financial condition and results of operations
15. 16Data privacy, information security and protection of confidential information may require significant resources and present certain risks
16. 17We may be required to make significant cash contributions to our defined benefit pension plan
17. 18We may be required to record significant charges from impairment to goodwill, intangibles, and other long-lived assets
18. 19Exposure to risks and events beyond our control could adversely impact our business, financial condition and results of operations

Risks Relating to Our Indebtedness

1. 20We are subject to certain risks associated with our indebtedness

Risks Relating to Legal and Regulatory Matters

1. 21also incur additional expense as a result of domestic and international regulations requiring disclosures regarding GHG emissions and/or broader ESG matters, related performance indicators and other factors
2. 22Our operations are dependent on numerous required permits and approvals
3. 23We are subject to risks related to adverse trade policies inherent in international sales and associated regulations in certain important markets for our products
4. 24Failure to maintain effective internal controls could adversely impact our ability to meet our reporting requirements
5. 25experience difficulties in their implementation, our business and operating results could be harmed, we could fail to meet our reporting obligations, and there could be a material adverse effect on our stock price
6. 26Our spin-off could result in significant tax liability

Risks Relating to Our Common Stock and the Securities Market

1. 27Our stock price may fluctuate significantly and investments in our stock could lose value
2. 28fluctuations in our stock price based on temporary or speculative market perceptions or other factors that do not necessarily reflect the underlying fundamentals and prospects of our business
3. 29We cannot guarantee the timing, declaration, amount or payment of any dividends, and the terms of our indebtedness could limit our ability to pay dividends on our common stock
4. 30Stockholder percentage ownership in AdvanSix may be diluted in the future
5. 31Certain provisions in our Amended and Restated Certificate of Incorporation and Amended and Restated By-laws and Delaware law may discourage takeovers