Changes in production capacity and product portfolio for HEXPOL Americas
HEXPOL Americas has announced changes within its product portfolio and production capacity. These changes are to optimize and create better efficiency in our operations. The production site in Kennedale, Texas will be closed by the end of Q2, 2025 and all business from Kennedale will be relocated to other North American facilities. HEXPOL Americas will work closely with customers to make sure the transition is seamless. Costs associated with the closure of the production site will be accounted for in Q4 2024. The transaction will be reported separately in Q4 2024. HEXPOL