| Disaggregation of Revenue |
The Company’s portfolio of products are integrated into a variety of end uses, which are described in the table below.
|
|
|
Key End Uses |
Key Products |
Industrial & process chemicals |
• Silicate precursors for the tire industry |
|
• Silicate for water treatment |
|
• Glass beads, or microspheres, for metal finishing end uses |
Fuels & emission control |
• Refinery catalysts |
|
• Emission control catalysts |
|
• Catalyst recycling services |
Packaging & engineered plastics |
• Catalysts for high-density polyethlene and chemicals syntheses |
|
• Antiblocks for film packaging |
|
• Solid and hollow microspheres for composite plastics |
Highway safety & construction |
• Reflective markings for roadways and airports |
|
• Hollow glass beads, or microspheres, for cement additives |
Consumer products |
• Silica gels for edible oil and beer clarification |
|
• Precipitated silicas and zeolites for the surface coating, dentifrice, and |
|
dishwasher and laundry detergent applications |
Natural resources |
• Silicates for drilling muds |
|
• Hollow glass beads, or microspheres, for oil well cements |
|
• Sulfur derivatives for copper mining |
|
• Bleaching aids for paper |
|
|
The following table disaggregates the Company’s sales, by segment and end use, for the three months months ended March 31, 2018:
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|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three months ended March 31, 2018 |
|
|
Environmental Catalysts & Services |
|
Performance Materials & Chemicals |
|
Total |
Industrial & process chemicals |
|
$ |
17,039 |
|
|
$ |
75,271 |
|
|
$ |
92,310 |
|
Fuels & emission control (1)
|
|
55,997 |
|
|
— |
|
|
55,997 |
|
Packaging & engineered plastics |
|
28,243 |
|
|
31,808 |
|
|
60,051 |
|
Highway safety & construction (1)
|
|
— |
|
|
47,145 |
|
|
47,145 |
|
Consumer products |
|
— |
|
|
76,730 |
|
|
76,730 |
|
Natural resources |
|
15,908 |
|
|
18,868 |
|
|
34,776 |
|
Total |
|
117,187 |
|
|
249,822 |
|
|
367,009 |
|
Inter-segment sales eliminations |
|
(812 |
) |
|
— |
|
|
(812 |
) |
Total segment sales |
|
$ |
116,375 |
|
|
$ |
249,822 |
|
|
$ |
366,197 |
|
|
|
|
|
|
|
|
|
|
(1)
|
As described in Note 1, the Company experiences seasonal sales fluctuations to customers in the fuels and emission control and highway safety and construction end uses.
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