AdvanSix (ASIX) was spun off from Honeywell (HON) in 2016. It has four operating segments, making and selling wholesale goods for manufacturers all over the world. Sales for 2019 into September, the last reporting period, were segmented into Nylon (28%), Chemical Intermediates (27%), Ammonium Sulfate Fertilizers (23%) and Caprolactam (22%). The company has been affected by a slowdown in global manufacturing and fertilizer markets of late. During the first nine months of 2019, revenues declined 13% vs. 2018.
The good news is management has been able to keep net income