NYSE:PRMChemicals
Perimeter Solutions Balances Sauget Setbacks With Acquisition And Contract Shift
Perimeter Solutions (NYSE:PRM) is dealing with operational and safety issues at its Sauget P2S5 facility that have led to reduced production and ongoing litigation as it seeks to take control of the site.
The company has recently closed a sizeable acquisition while shifting more of its portfolio toward fixed and recurring contracts to support more consistent earnings.
These developments affect a key production asset and the structure of Perimeter Solutions' revenue, with potential...