Koppers

Koppers

Supplies renewable materials for infrastructure

About Koppers

Simplify's Rating
Why Koppers is rated
B+
Rated B on Competitive Edge
Rated B on Growth Potential
Rated A on Rating Differentiation

Industries

Industrial & Manufacturing

Energy

Company Size

501-1,000

Company Stage

IPO

Headquarters

Pittsburgh, Pennsylvania

Founded

1988

Overview

Company Does Not Provide H1B Sponsorship

Koppers provides renewable and repurposed raw materials to improve the durability and sustainability of critical infrastructure. The company produces carbon materials and enhanced coating solutions that protect and extend the life of infrastructure assets, serving clients in the railroad, utility, and industrial sectors. Koppers stands out from its competitors by offering specialized products and technical assistance, backed by expertise in carbon material testing. The company's goal is to promote sustainability through its commitment to safety, product stewardship, and environmental responsibility, focusing on the well-being of employees, communities, and the planet.

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Simplify's Take

What believers are saying

  • Growing demand for sustainable materials boosts Koppers' carbon materials and chemicals sector.
  • Utility pole manufacturing expansion taps into growth markets in Texas and the Midwest.
  • Koppers achieved its 2030 greenhouse gas reduction goal seven years ahead of schedule.

What critics are saying

  • Retirement of key sustainability leaders may disrupt strategic direction temporarily.
  • Cessation of phthalic anhydride operations could lead to short-term operational disruptions.
  • Decline in Carbon Materials and Chemicals segment sales impacts overall financial performance.

What makes Koppers unique

  • Koppers focuses on renewable and repurposed materials for sustainable infrastructure solutions.
  • The company offers specialized carbon materials and enhanced coating solutions for asset longevity.
  • Koppers prioritizes sustainability through its People, Planet, and Performance commitment.

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Funding

Total Funding

$1597M

Above

Industry Average

Funded Over

1 Rounds

Post IPO Debt funding comparison data is currently unavailable. We're working to provide this information soon!
Post IPO Debt Funding Comparison
Coming Soon

Company News

PR Newswire
Feb 12th, 2025
Koppers Holdings Inc. Announces Increase To Quarterly Cash Dividend

PITTSBURGH, Feb. 12, 2025 /PRNewswire/ -- Koppers Holdings Inc. (NYSE: KOP), an integrated global provider of treated wood products, wood treatment chemicals, and carbon compounds, today announced that its Board of Directors has approved a 14 percent increase in the planned quarterly dividend rate for 2025, from $0.07 to $0.08 per share of Koppers common stock.  A quarterly dividend will be paid on March 24, 2025, to shareholders of record as of the close of trading on March 7, 2025. At this quarterly dividend rate, subject to the standard quarterly review by the Board of Directors, the annual dividend rate for 2025 increases to $0.32 per share. Chief Executive Officer Leroy Ball said, "This dividend increase reflects our continued confidence in the company's strategies to generate sustainable, profitable growth.  At the same time, we remain committed to our balanced capital allocation approach of investing for the future as well as returning cash to shareholders."

PR Newswire
Dec 21st, 2024
Koppers Announces Election Of Stephanie Apostolou As Chief Legal And Sustainability Officer And Secretary

Expanded Role to Encompass Responsibilities for Sustainability, Zero Harm, Risk Management and Strategic PlanningPITTSBURGH, Dec. 10, 2024 /PRNewswire/ -- Koppers Holdings Inc. (NYSE: KOP), an integrated global provider of treated wood products, wood treatment chemicals, and carbon compounds, today announced the election of Stephanie Apostolou as Chief Legal and Sustainability Officer and Secretary for Koppers, responsible for overseeing all aspects of the company's Legal, Sustainability, Zero Harm, Risk Management and Strategic Planning functions, in addition to coordinating matters relating to the Board of Directors

PR Newswire
Dec 10th, 2024
Koppers Announces Retirements Of Leslie Hyde And Joseph Dowd

Congratulates Leaders of Sustainability and Zero HarmPITTSBURGH, Dec. 9, 2024 /PRNewswire/ -- Koppers Holdings Inc. (NYSE: KOP), an integrated global provider of treated wood products, wood treatment chemicals, and carbon compounds, today announced the retirement of two senior leaders who, respectively, established sustainability and safety as central priorities of the company.  Leslie Hyde, Senior Vice President and Chief Sustainability Officer, will retire effective March 31, 2025, and Joseph Dowd, Global Vice President Zero Harm, will retire effective February 28, 2025.  Effective immediately, both will serve as Assistant to the CEO in order to help ensure a smooth transition

PR Newswire
Dec 5th, 2024
Koppers Ceasing Phthalic Anhydride Operations At Stickney Facility

Consistent with Strategy to Optimize Business Portfolio and Enhance Free Cash Flow. PITTSBURGH, Dec. 5, 2024 /PRNewswire/ -- Koppers Inc., a wholly-owned subsidiary of Koppers Holdings Inc. (NYSE: KOP), today announced that the company will discontinue phthalic anhydride production at its facility in Stickney, Illinois, in 2025. The decision, affecting approximately 25 employees, was driven by significant near-term capital spending requirements that could not be economically justified by end-market projections. An ancillary benefit is an improvement in the site's environmental footprint as annual emissions of certain regulated air contaminants are expected to be reduced by 50 to 70 percent

PR Newswire
Nov 7th, 2024
Koppers Holdings Inc. Declares Quarterly Cash Dividend

PITTSBURGH, Nov. 7, 2024 /PRNewswire/ -- Koppers Holdings Inc. (NYSE: KOP), an integrated global provider of treated wood products, wood treatment chemicals, and carbon compounds, today announced that its Board of Directors has declared a quarterly cash dividend of $0.07 per share of Koppers common stock.  The dividend is payable on December 16, 2024, to shareholders of record as of the close of trading on November 29, 2024. Koppers expects to pay regular quarterly dividends, with future declarations subject to approval by its Board of Directors and the Board's determination that the declaration of dividends remains in the best interests of Koppers and its shareholders. The decision of whether to pay future dividends and the amount of any such dividends will be based on the Company's financial position, results of operations, cash flows, capital requirements, the requirements of applicable law and any other factors the Board of Directors may deem relevant. About Koppers

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