$889.4MADS Q2 net sales, up 4.6% (organic stormwater down 5.3%)
-17%Westlake housing & infrastructure volume vs Q2, after a spring stock-up
~$530MADS's agreed price for stormwater maker StormTrap
Pipe Makers
ADS trims sales, keeps profit
Advanced Drainage Systems grew Q2 sales 4.6% to $889.4M, mostly from its NDS acquisition, and cut its full-year sales range as housing slows. Non-residential work, including data centers, is up 10% this year.
Read the full story →Why it matters: lower resin inflation means fewer planned price increases, but ADS says it isn't giving back the pricing it already has.
Resin & Supply
Westlake pays back a pipe rush
Westlake's housing and infrastructure volumes fell 17% on Q2, as pipe and fittings buyers had stocked up early. Its CEO says resin selling prices have stabilized, with upward momentum into Q4.
Read the full story →Why it matters: resin isn't getting cheaper heading into winter. Budget for it in 2027 pricing.
Talent Insight
Follow the non-residential work
- As residential volume softens and data center and commercial work grows, pipe sales teams follow the money. Reps with relationships among site developers and civil engineers on big commercial jobs are the profile we expect to be in demand.
- Stock-up and payback quarters make demand planning harder. Supply chain and S&OP leaders who can read distributor inventory are worth more to pipe makers right now.
Building a team in HDPE Pipe?
Joe Macklam specialises in HDPE Pipe hiring at QP Group. Talk to Joe about the market, salaries or a search.
Joe MacklamManaging Director · Industrial