27 unchanged sentences
Polyester resins, MEG and PTA used in flexible packaging films produced in Brazil are primarily purchased domestically, with other sources available mostly from Asia and the U.S.
−Removed: Given the nature of these products as commodities, pricing is
−Removed: derived from Asian pricing indexes.
+Added: Given the nature of these products as commodities, pricing is derived from Asian pricing indexes.
The volatility of the average quarterly prices for polyester fibers in Asia, which is representative of polyester resin (a primary raw material for Flexible Packaging Films) pricing trends, is shown in the chart below:
9 unchanged sentences
Dollars and are impacted by local economic conditions and local and global competitive dynamics.
−Removed: Flexible Packaging Films is exposed to foreign exchange translation risk (its functional currency is the Brazilian Real) because almost 90% of the sales of Flexible Packaging Films business unit in Brazil (“Terphane Ltda.”) and substantially all of its related raw material costs are quoted or priced in
+Added: Flexible Packaging Films is exposed to foreign
+Added: exchange translation risk (its functional currency is the Brazilian Real) because almost 90% of the sales of Flexible Packaging Films business unit in Brazil (“Terphane Ltda.”) and substantially all of its related raw material costs are quoted or priced in U.S.
Dollars while its variable conversion, fixed conversion and sales, general and administrative costs before depreciation & amortization (collectively “Terphane Ltda.
9 unchanged sentences
Tredegar estimates that the change in the value of foreign currencies relative to the U.S.
−Removed: Dollar for PE Films had a unfavorable impact on EBITDA from ongoing operations of $0.1 million in the first quarter of 2023 compared with the same period of 2022.
+Added: Dollar for PE Films had no impact on EBITDA from ongoing operations for the second quarter of 2023 and an unfavorable impact on EBITDA from ongoing operations of $0.1 million in the first half of 2023 compared with the same periods of 2022.
Trends for the Brazilian Real and Chinese Yuan exchange rates relative to the U.S.
2 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.