Question · Q3 2025
Daniel Scott Harriman asked for a breakdown of the 7.5% year-over-year growth within the Specialty Products segment, specifically differentiating between performance gases and plant nutrition. He also requested more information on the success of Balchem's geographic expansion efforts within the plant nutrition business.
Answer
Chairman, President, and CEO Ted Harris detailed that the Specialty Products segment grew 7.5% overall, with performance gases growing 7% and plant nutrition growing 13%. He noted that performance gases, traditionally a lower-growth business, has stabilized and is seeing nice growth, particularly in Europe. For plant nutrition, Mr. Harris highlighted successful international expansion, especially in Latin America (e.g., Brazil) and Asia Pacific (e.g., India). This expansion helps balance the seasonality experienced in the U.S. market, where the business has been relatively flat, with international sales driving the majority of the growth.