Chemicals, Paper & Packaging Weekly Update

Research evidence excerpt

Chemicals, Paper & Packaging Weekly Update

Accessible version

Chemicals, Paper & Packaging Weekly

Update

Industry Overview

FMC licensed rimisoxafen herbicide to Corteva 22 June 2026

FMC Corp. has licensed and will supply rimisoxafen active ingredient herbicide to High Yield

Corteva for the next decade for an initial upfront payment of $200 mm, which Corteva United States

will sell in its own exclusive premix formulations for the corn and soybean markets in Industrials/Basic

North and South America. FMC retains ownership of rimisoxafen, and will develop and

sell its own reimisoxafen-based premix formulations for the North and South American

markets. Roger Spitz

Research Analyst

Exhibit 2: Notable Events for the Week Ending Jun 19, 2026 BofAS+1 646 855 6946

Notable events in the Chemicals and Paper & Packaging sectors roger.spitz@bofa.com

Olivia Cui, CFA June 19 Cerdia’s B rating outlook to stable from positive by S&P, who cited its revised 2026 adj. leverage to 5.4x from Research Analyst

its previous expectation of 4.0–4.5x, driven by softer-than-expected operating performance, driven by BofAS

“customer destocking and intensified industry competition”. +1 646 855 6531

olivia.cui@bofa.com June 19 Synthomer agreed to sell its acrylate monomers business, including acrylic acids and acrylic esters, with 2025

sales of ~€68 mm, and EBITDA of €(10) mm, and manufacturing site in Sokolov, Czech Republic, to Mutares

SE & Co. KGaA for €(5) mm cash support contribution. Trading improved to break-even in Jan–April 2026 (vs.

€(3) mm YoY). Mutares gave 2025 carve-out sales at ~€110 mm. Closing expected by end-Q3:26. Exhibit 1:Table of Contents

June 18 Cascades is adding a 3 mm case tissue converting line at its Granby, PQ, Canada facility, at a cost of $15 mm, 22-JUN-2026 Weekly