you much, time morning, Ivan. join everyone. Good to Thank Thank us. very the you for taking
October. expected. expect throughout market Adjusted than early quarter. we our versus tightening elastomers polyurethane automotive our MDI gave supply-demand division Polyurethanes better as into conditions than update positive for in we September #X. of we'd an when quarter is EBITDA construction, a all given $XXX million million and nearly improved in demand came Slide These was and continued year third than in had trends better to also including $XXX have turn Margins ago. Let's trends conditions the This anticipated the better in lines
the prior primarily margins ongoing acquisition Icynene-Lapolla year-over-year. versus which was at improvement integration The cost, year lower lower EBITDA by our third in offset adjusted fixed driven the quarter of than more
from costs. benefited also lower We benzene
and Our remained driven second The MDI prior third quarter. experienced economies our improvements prices same year. grew declined of volumes improved stable increase fits couple in as X% demand margins business the off quarter time that Global differentiated at compared systems X% global from the and the component lockdown second to lows as differentiated past of variable continue quarter, volumes the component outages and our we in as in primarily variable our to well relatively starts from quarter over the margins industry. the the the in by Throughout component notable of months COVID-related have within polymeric multi-year various the real been recover temporary in and
regions in less the has benefited, benefited have we a where world in and business but China prices. other Europe from most has Our lesser of also differentiation downstream degree. the to higher
Our within our higher continue meaningful stability business importantly and differentiated in saw and demand improvement downstream show higher-margin automotive. to we margins Elastomers
as and various there have planned have to several As turnarounds industry industry the demand the been there trends is typical, been disruptions. responded within improving production
the a by reported approximately to estimate we due of million a Louisiana fourth third-party we few in issues we have gas Geismar industrial impact us As our will quarter. own weeks production a having supplier failure, ago, $XX mechanical in which
tightness temporary expect the presently rates we versus more the a get industry industry experiencing. issues that to would move seemingly that will above-average resolved, balanced the across are we production As temporary various environment utilization back
end margins estimate which nearly is we largest that up insulation markets before by business, to levels. unforeseen Polyurethanes would reasonable exposure We our our close we component Polyurethanes with is trends trends direct uncontrollable construction of roughly other our all within is rebounding well shared our positive makes our see related construction However, seeing demand being half at and impacted to to insulation business We've do of and improving expect segment. including are well subject events. auto global XX% intact and fundamentals to strong, normalize
is continues from business expectations synergies portfolio the from over coming our well-positioned largest strong the is our be is our delivery foam with global growth benefit of which Our recent that Building Huntsman and our our insulation conditions. which insulation global from market, growth to one single of the fast-growing market Icynene-Lapolla as industry-leading expected well of end A years. spray highest as the to the business expect Solutions, will meaningful market exceed acquisition we within market it
We synergies and be be to XXXX. largely of achieved expect schedule $XX early the by ahead million completed in identified
Continued growth will aggressive America be in scaling supplanted effort internationally. to an growth by business up accelerate North by this
sells spray you home insulated. give spray pound for $X.XX per $X.XX to a additional X,XXX Just the of requires of average type An foam. depending some currently application foam materials facts interesting roughly on about pounds utilized. to That about
our for Additionally, bottles spray roughly uses our per landfills. equivalency PET polyol produced of the home Huntsman average which utilizes foam polyurethane XX,XXX Eco-Friendly otherwise destined
a see to an polyurethane environmentally more where promising. solutions substantially North foreseeable sensitive foam structurally future, above-market believe and opportunities stringent. globally. the is strong that an sustainable growth standards and and insulation Our for American optimal is of we The We that spray estimate polyurethane green are products. becoming economically building about that America globally than friendly North our less represents increasingly spray market environmentally that growth traditional in insulation sustainable XX% seem Today only world our and solution polyurethane compelling, foam provides for foam alternative in spray to will the
we sit favorable construction looking fourth here our of we global and believe to trends today, the As quarter, markets automotive continue. the
dynamics Geismar fourth impact continued results third some quarter polymeric margins. be partial all We we also our improved the quarter. to together, $XX would be expect our with that seasonality. these line Putting and see expect million will polyurethane the to and systems Roughly from outage offsetting typical component this in
our in primarily was Slide EBITDA adjusted aerospace Materials The down a Turning quarter. XX% revenues last result depressed. million, of market Advanced of $XX EBITDA in #X, from in reported million adjusted by business The being year-over-year. aerospace to down year's third $XX remains decline
it until While to next bottomed we begin to supply in production start chain the fully much we the build recover to not third and the years. to it do quarter, lower rates has expect over believe expected couple of destock adjust
in segments. Advanced should Materials segment viewed Our two be
better Looking recovery is formulated within Advanced beyond business. our the a aerospace segment, much depressed Materials story other there
which throughout down half during and our DIY includes quarter. of Our businesses heavily the improved XX% the Specialties third down aerospace Indian was XX%. the locked with first EBITDA This it down yourself, business only excluding revenues quarter do
into beginning as of sales markets the strengthened the third the by throughout about is improved Thermoset recent from this million. delivered Our during of the on the modest power, of and quarter $X our a quarter, contribution momentum EBITDA of integration carried acquisition end quarter track XX% to and has into the CVC electronics, The industrial transportation, EBITDA October. our to
of this this we synergies levels in We this As million $XX be earnings market. needed close through will call, expected Would end we of to remain results half in savings achieve of efforts from we our to underway, With run-rate expect commercial confident XXXX million inventory opportunities. anticipate we cost and to XX% by a additional a that negatively about expect beyond stated business we identifying this XXXX as despite the aerospace $X approximately the to last the synergies move and target exposed to being XXXX. the acquisition of year. second acquisition impacted adjustment being EBITDA of the related integration XXXX are by cost exceed as
Looking the CVC levels Advanced prior We're adhesives continued to we would our close sale make on towards aerospace and the slightly weakness for and business our quarter, EBITDA segment non-aerospace be Materials expect specialty a modest quarter. be fourth to to back in of lower the business, to year than EBITDA third expect DIY the same the as businesses we of the Indian our contribution.
we a the our quarter. fourth Advanced for in meaning clear DIY would estimates be EBITDA forma quarter, business to our adjusted for Materials Just to higher basis, modestly be include pro the the in on likely if group were the fourth
Performance to third lower by quarter. to $XX fixed decline in year's in due to Slide offset Products the compared volumes, EBITDA was last reported costs. The adjusted Let's million $XX of largely EBITDA approximately partially segments lower million #X, turn XX%
the markets as due Maleic in Our Performance approximately the relatively by the going such installation, to markets Despite our as Performance low Amines favorable to year, adjusted half its the coatings of going third the the weakest gas about we in The core quarter to be be solutions Volumes Overall and costs business catalysts margins the mix. and in the remain XX% into X% overall the volumes in a used which provide VOC Chinese that adhesives that quarter expect lower of in continue now and prior as pressures. make product weak volumes, of versus market, volumes EBITDA segment due free products fourth are up a markets betting ethylene from result Yet go and our construction-related related trending increased comes to economic Products into margins construction being in to environment approximately and continue treating. recover. volumes Performance competitive quarter amines the to positively. into declined Amines quarter year, primarily the historically similar automotive. stable Performance EBITDA markets and and composites into going specialty wind emission strength Products the
Let's turn Slide to #X.
division for of Effects reported Textile third an million $X EBITDA quarter. Our adjusted the
year's the see being our recovery significant seeing our approximately sportswear are XX% athleisure and volumes quarter. volumes fell textile protective we The volume versus apparel. improvement in third in last versus did EBITDA and quarter by While led quarter, home the is we and second products a
also our demand products. pickup We a gradual Automotive see in textile within
demand. the are to the the in continue in that optimistic are reopening retail We industry will tight the of coming and end. stores line consumer chain generally that inventories We quarters, the with over on pent-up supply believe recover
more well. restocking recovery, expect the our benefits As confidence gain more eventual around see we customers from to as
in sustainable momentum. of continues offering to products gain Our textiles
would customers consumption range allows Just reduce one XX%. water to patented be which example Avitera of energy our specific up our by to dyes and
textiles profitable, our developing portfolio solutions of and customers. throughout are our within of We all sustainable focused for
expect we this the year, division to improvement While will fourth show recovery continue quarter Textile EBITDA versus quarter. will our further business third versus that the down be prior and and
Officer. turn few Douglas, minutes Before like Financial concluding our Chief Sean over sharing I'd to some a thoughts, Sean? to
