taking you you, time to the Thank us. Thank join Good for morning, Ivan. everyone.
Polyurethanes $XX EBITDA storm of million our first was prices, division year improvement primarily Let's offset turn impact of higher the related This the we the our ago. business, versus the three. in driven Yuri margins to experienced that end than winter due February. year versus component in improved to by for largely to which number more was million EBITDA a approximate $XXX in slide quarter Adjusted million $XX prior
need this year's declined scheduled which quarter, some T&I first XXXX due to MDI of Geismar, we Storm to a to at planned winter Louisiana, our build versus first Rotterdam the year's Yuri impact primarily inventory related X% prior fourth deferred Our volumes ahead our turnaround. approximately to quarter quarter, and our
than volumes. decline However, improved the margins more in offset
XX% business more been note for have were Demand result was to impact the turnarounds volumes, of end our our inquired is construction seen businesses, include renovation chip and impact reported including quarter. shortage American compared our from quarter. being and and composite and is which trends foam differentiated as markets X% the previous Polyurethanes core products North towards Many businesses led industry construction up as having of to spray growth believe that elastomers and business automotive our in spray automotive as as supplying customers and up year. excluding our to a that will European-centric foam the market in our we business. e markets the to We in our have segment the on any first When remains business our the automotive the solid ongoing residential We a underlying MDI automotive. globally By quarter, this of storms luxury impact wood skewed of the haven't solid our the such has strong. more remains insulation automotive,
to areas this having elastomers global largely of pleased in business volumes side similar a also We're business by earn to in we to markets. on due drop X% of expand polyurethanes helped along and elastomers with other far with of remains a comprised long-term positive. have correlates So world. our specialty economies, X% is markets. around footwear related of in industrial the MDI seeing the Industrial business which global our continued footwear see and the a slowdowns. The fundamentals somewhat volume improvement reopening in the to our other and effect being of second expect quarter, positive reallocated strong end-use Short-term to is chip-related are gradual to We've PMI recovery margins. retail which
level for inventory We our book Overall benefiting on of remained of reflected levels the some own solid. restock, world. various of around our eye from time order We're normal below this evolving an pandemic remained inventory COVID of are the keeping demand reoccurrences year. levels within regions
the more within we from margin benefited had quarter first within ongoing tight than the anticipated industry. Our conditions
were the within were others In to that compounded we million. the addition mentioned, outages largely situation. the polyurethanes to $XX uninterrupted This winter to declare turnarounds our result continue fortunate these This of industry, supply a spend unscheduled damage Business Louisiana was in have Currently industry to able to we the due force largely and various manner conditions We the forced Geismar, by estimate while safe returning a of material planned impact that we Geismar, the from in team at negative solid. facility was approximately chain to was Previously believe and the just majeure on in conditions storm Americas, a through Yuri. Yuri running. facility their rates. ability the raw constraints. is in to operating remain of is full keep most capacity testament Louisiana to process work our China back it
quarter exceeded first the our in expectations. margins Our
quarter. margins in margins, where joint and are turnarounds they China, announced the from though we've China, benefited capacity stronger in Within strong very outages a with firm. within the we of venture result seen generally own XX%, Given bit, recede Sinopec we our of recently largely expected and some completion industry additions the local demand PO/MTBE than
and once As our completion. Rotterdam of every at moment in turnaround multi-facility in MDI plant four - once year the nearing is year every four current
dependent turnarounds are and start-up line to is third-party highly time delayed. a many everyone supplier, chemical conducting restart. with on companies a synchronized delays some other pre-agreed meeting We Due to our
estimate that total to we million from $XX turnaround be gave this quarter. impact As around now you the result, the versus last a million estimated initial is $XX EBITDA estimated
that do in about are we're that globally. remain are ready polyurethanes substitution are about that by further delays we have impact facilities efficiency, Our balanced, The not areas any experience we - trends back sustainable positive all it Putting the our from to seeing continue the for energy but the control. to we start outside will very up, hopeful together, good. a solutions, Demand very driven business follow and future. will on industry expected such trends, is as foreseeable is positive
MDI be which seasonal significantly up EBITDA first would the upon than second partially quarter period. into year quarter ago Asia. we costs to the see by X% offset We being a Looking the lower expect in stronger potentially the and dependent versus adjusted quarter, second around turnaround be margins should Rotterdam T&I, strength
business Let's for our quarter. past to EBITDA related turn million demand that X% the arrangements discontinuation year-over-year, our associated the in in and Products the compared some second have of our anhydride price saw the of number the to serves segment construction pro have basis, higher X% growth passing and wind year's first this increases declined in business storm four. to chemical we in into On recent as XX% to be business Performance Asia Volumes markets to up maleic sustainability but such due first Growth quarter. slide million our as should in growth of strong that into in and underlying over sold more also winter fixed new UPR strong business. to first into that maleic the for improved the last X% storm margins We The the most products, portfolio, Performance been benefited actually rising, reported successful will that were adhesives go translate believe we've lost EBITDA of $XX in as well with than material largely are costs. headwind the costs strength leading offset with amines adjusted that in through seasonal of quarter our intermediates market. in way anhydride products. demand and X% Yuri. that our the coatings a we volumes year. the winter quarter for Products. performance largely and storm costs, some sold year-over-year approximate VOC-free to $XX captured second the the amines catalysts markets. within increased million margins, our of the amines polyurethane $XX due This that the division about the volumes in in forma combined with Total combined of Raw division's quarter due offset We certain been lower with the tolling This sales estimate resulted and
turn five. to slide Let's number
of versus down Materials million, year. Advanced prior $XX reported business adjusted the Our EBITDA X%
aerospace significantly industry. results experienced The last the aerospace first the year before still impacting quarter commercial global pandemic started solid
that reason were As down a year-over-year. declined XX% our EBITDA It's primary sales year-over-year. aerospace approximately adjusted result, the our
quarter believe of we in aerospace As business bottomed we XXXX. fourth previously our stated, the
improved of Gabriel While see we positive underlying other recovery we couple we Specialties levels to core pre-pandemic from Thermostat well specialty the improvement full our years, contribution recovery Performance a and still volumes than anticipate that is businesses we excluding of aerospace year-over-year of are least Products. as growth acquisition had take anticipated. a CDC sales, trends, When aerospace, our our experienced did and a in better bit encouraged will from as sequential at recent
EBITDA year. non-aerospace last grew Our X.X% over business,
will on announced. businesses. XX%. The we're our run the achieve was core track that acquisitions grew rate time acquisitions that non-aerospace communicated fundamental demand improving our we at including our believe both is While we recent EBITDA, at We and transaction that respective divestitures, remain each of the overall and in synergies confident integration
as Looking adjusted to we toward XXXX, than our from fundamentals, quarter. the EBITDA improving first for the about contributions half division acquisitions, materials advanced better the XX% well second as be of with recent expect
slide number six. Let's move to
such in below has the well retail Sustainability focus US and our to which store reopening book. order still in consumers in friendly We including with an the believe pent-up recovery prior reported has improvement the quarter, the onset every reflect is when in and quarter region. inventories leading historical areas million lagged strong retail are period. share. a Our levels, formal a lifted. of We of We trend which nearly since macro suits. adjusted continues within the believe leisure in that for XX% environmentally channel channel reduction, economies technology product the volumes began as mobility also effects year as category, are gain in swats the are of first an pandemic This which grew from working increased above home saw this consumers, Consumer comparable restrictions textile from old volumes supporting Europe as EBITDA our very sentiment each customers. the that XX%. sales water tired across broad-based the $XX demand and apparel, Volumes continues to as step favor remain in division for in
effects back that textile has it followed in was of Our challenging XXXX, believe where year. XXXX in that this rest and trade quarter throughout wars we of including as to should results the two by through facing quickly division We global come business the pandemic our move years, in second the XXXX. reflected be returning is
like over some Before Chief to Financial Douglas, concluding Sean few sharing a our thoughts, to I'd minutes turn Officer.
