AdvanSix Income Off 57 Percent

AdvanSix, Parsippany, N.J., reported a 57 percent drop in first-quarter net income to $8.6 million from the year-ago $20.2 million. Much of the drop was driven by a weak nylon market which has been impacted by fewer sales for carpet and engineered plastics applications. Ammonium sulfate sales contributed a larger share to company-wide sales.