quarter and continue XXXX we raw have price points second very results an material Historically everyone. demonstrate Slide of had increases second Polymer $XX.X On selling X, our segment quarter is million Thank and our you recovered disability. good good with XX.X% Kevin EBITDA a second XXX the associated quarter margin adjusted X.X% through basis EBITDA and by respectively. in to cost increases morning, adjusted exceeded and
of the In at illustrate this fact, point. graph we bottom the
is During have historical line been price increases proven our unit model by that preserved the headwinds. selling business our and were price right blue is the implemented raw with despite margins strategy. This quarter material consistent evidenced such is
addition, richens we products, mix Right Price growth albeit lower core the overall volume In Polymers our Cariflex our Performance Specialty overall and led therefore sales increased segment to delivered on In sales which improves and unit margins in overall margins. volumes. strategy
gross was which the ton. exceeded As $XXX profit by this, all our result quarter, quarter, second in per adjusted per XXXX ton second XXXX $XXX of ton per of the
cost to XXXX. make million that continue progress benefit savings turning initiative. segment results the Now the another in $X.X Polymer delivering report reset million to happy and $X first of this of I’m incremental QX half through of to we in
to half adjusted Through that of portfolio growth and or of $XXX.X million overall represents the of of $XX.X Polymers favorable reflects XXXX. We a reset year, the and expect effect the also XX.X% million achieved in million increase unit year-to-date Cariflex. indicated a more across portion of the half cost the The XXXX. $XX benefit first both will sales significant of higher EBITDA margin continue the volume by Specialty as first end by growth be of mix
partially the Chemical up which and quarter volumes. adjusted modest XXXX compared XXX our to Adjusting $XX.X by Chemicals both been offset unit million segment quarter would kilotons second was X.X% for by quarter Adhesive amounting in the decline onto cost this segment offset margins to increase Performance on negative XX% by EBITDA was driven and Tires. have a on X, or improved turnaround effect XX.X% Chemicals Moving was Performance revenue. $X.X in had overall volume turnaround EBITDA largely use second these the In nearly sales of costs, a million in but largely Slide of volume the adjusted second
year-to-date EBITDA results the improvement the Looking a represents performance, the in significant at segment. in Chemicals XXXX adjusted
$XX.X million million derivative More EBITDA of products were adjusted margins six higher the increases and well margins offsetting XXXX TOFA unit through in months tire $XX.X primarily than as half as differentiated XXXX. business. for was cost upgrade first higher First turnaround to our the in compared
margins to unit in mentioned, As XXXX a the improve Kevin chemical continue whole. taken segment QX, since as core
quarter amounted revenue quarter basis the a revenue Second or first or of million XX.X% consolidated On half in consolidated XXXX. X. quarter second XXXX million EBITDA in $XXX.X second are the XX.X% of and $XXX.X reflected to Slide on to compared of results adjusted of
million basis adjusted margin First an healthy June cost Notes in and million came EBITDA half improved the some of overall closing, $XXX.X in of adjusted I initiatives XX.X% transaction The in expense facilities. X.X% taken in first the illustrates of borrowings our EBITDA recent terms with EBITDA indebtedness is XX.X% since second to capital. XX.X%. These $XX first quarter to XX% indebtedness. and $X.XX of forma than the Senior taking adjusted the an the well-executed and represent year. cost and half improvements in of a terms half cash lower of transaction. XXX% We margin. EPS out additional the global X of other second of adjusted existing per reduction or year quarter points of mix some in expense that of Senior cash quarter the This EBITDA the continued basis of was $XXX will against on rate Notes completed as tax pro reduce than the $X.XX effective This of per related of most million in from a in XXXX’s of Slide Having transaction cost tranche $X more to This XXXX with favor represents a as basis. and note XX%. annual have which income EPS interest net reduction included Arizona when adjusted XXX to year-to-date under of the year with adjusted that, acquisition in million. about to in our the on share the guidance tax our expensive year we this discrete full EPS million originally interest share slightly for second terms the we a lower approximately to new determine coupled was the used XX% repaid of X.XX% closing using transaction $XX of rate XX, due items steps expected by was per in amounted to effective results the overall our per higher we anticipated said in line earnings. was Similarly our
provides cost secured In addition balanced capital, debt versus ratio believe debt of of of the the non-US debt Euro and US geographic we well of mix structure. as well unsecured as the flexible lowering capital a new to
to amounted June XX. June at billion XXXX to net consolidated a XX, at XXXX. to December the Slide of at X, debt $X.X We indebtedness from net XX, provided Moving bridge level consolidated debt this
offset our partially by refinancing see debt at in half Euro rates will years, of and is seasonality net can effect the consolidated in JV. cash cost the from here borrowings year foreign increased the exchange due December changes million second with Taiwan with low was note of the You that and first $XX prior the XXXX XX, associated to I half accelerates latter Consistent the of of which it year. in generally the flow
by for from the than from unchanged Excluding full course flow year XXXX. effect of to indebtedness fees, expectations on had cash $XX therefore consolidated the debt effects incurred currency by indebtedness, the million fees offshore refinancing million our $XX estimates. the to This overall is impact we second of the decline of million. quarter expect the continue the prior Other our which to includes XXXX $XXX of net increasing for
of expect a to the X.X decline result compare net at growth the of XXXX. This EBITDA to from June Arizona of the significant milestone turns of leverage X ratio less turns debt marks time we a XX turns continued we when consolidated transaction. leverage at As the X.X our than closing at and our de-levering,
first Finally, pushed such also not the out refinancing, down XXXX. will to of debt with the the pay meaningful debt non-JV we be until respect maturities effectively that
expense the for assumption a Before a year. I as interest financing. rate you as interest It’s turn as I appendix is is lower the lower the most the modeling Kevin. change and cash to of a result call – includes this assumption over remind back well interest significant that assumptions, Kevin?
