Perimeter Group Sees 2026 Spending Near Top of $30 Million-$40 Million Range

Perimeter Group expects 2026 capital expenditures near the high end of its $30 million to $40 million long-term annual range as it works to improve supply reliability at Phosphorus Derivatives Inc. (PDI), a lubricant additives business. Management outlined the spending outlook during the company’s Nov. 5 earnings call and reiterated its long-term annual capital expenditure range. The company recorded $12.7 million in capital expenditures for the quarter ended Sept. 30. Purchases of property and equipment totaled $31.2 million during the first nine months of 2026. PDI makes phosphorus pentasulfide-based lubricant additives and is part of Perimeter’s Specialty Products segment.

Source: TokenPost