• Revised full-year guidance: Galaxy Surfactants raised its full-year EBITDA guidance to 24,000–25,000 per metric ton, up from the prior 19,000–21,000 target, while targeting 6% to 8% volume growth for the year.
• AMET market recovery: Volumes in the Africa, Middle East, and Turkey region declined 4% year-on-year due to feedstock disruptions from the West Asia crisis but rebounded 18% quarter-on-quarter, with growth expected on both metrics in Q2.
• India volume growth: The India business grew 11% year-on-year and 18% quarter-on-quarter as tier-1 demand rebounded from prior reformulation issues, supported by consistent momentum in tier-2, tier-3, and direct-to-consumer segments.
• Americas and specialties: Rest-of-the-world growth was driven by North America, aided by strong performance in Tri-K premium specialties and a recovery in US specialty volumes after tariffs were rationalized to 10% in February.