Profile: Koppers Holdings Inc (KOP)
22 May 2019
Koppers Holdings Inc., incorporated on November 12, 2004, is a global integrated provider of treated wood products, wood treatment chemicals and carbon compounds. The Company operates through three segments: Railroad and Utility Products and Services (RUPS), Carbon Materials and Chemicals (CMC) and Performance Chemicals (PC). The Company's products and services are used in a range of markets, including the railroad, specialty chemical, utility, residential lumber, agriculture, aluminum, steel, rubber and construction industries. The Company's manufacturing facilities are located in North America, South America, Australasia, China and Europe.
Railroad and Utility Products and Services
The Company's RUPS business sells treated and untreated wood products, rail joint bars and services primarily to the railroad markets in the United States and Canada, and the utility market in Australia. The Company also operates a railroad services business that conducts engineering, design, repair and inspection services for railroad bridges. The Company's railroad products and services include procuring and treating items, such as crossties, switch ties and a range of lumber used for railroad bridges and crossings. Its railroad products also include manufacturing and selling rail joint bars, which are steel bars used to join rails together for railroads. The Company's Utility products include transmission and distribution poles for electric and telephone utilities. As of December 31, 2016, the RUPS business operated 13 wood treating plants and one rail joint bar manufacturing facility located across the United States, Canada and Australia.
The Company's PC business maintains sales and manufacturing operations in the United States, Canada, Europe, South America, Australia and New Zealand. The primary products supplied by PC business are copper-based wood preservatives, including micronized copper quaternary and micronized copper azole (MicroPro), micronized pigments (MicroShades), alkaline copper quaternary, amine copper azole and chromated copper arsenate. The primary applications for these products include decking, fencing, utility poles, construction lumber and timbers, and vineyard stakes.
Carbon Materials and Chemicals
Through CMC business, the Company processes coal tar into a range of products, including carbon pitch, creosote, carbon black feedstock, naphthalene and phthalic anhydride, which are intermediate materials necessary in the production of aluminum, the pressure treatment of wood, the production of carbon black for the rubber industry, the production of concrete, and the production of plasticizers and specialty chemicals, respectively. Creosote, carbon pitch, naphthalene and carbon black feedstock are produced through the distillation of coal tar, a by-product generated through the processing of coal into coke for use in steel and iron manufacturing. Coal tar distillation involves the conversion of coal tar into a range of intermediate chemical products in processes beginning with distillation.
The Company competes with Stella-Jones Inc.
Koppers Holdings Inc
436 7th Ave
PITTSBURGH PA 15219-1826