| Disaggregation of Revenue |
The Company’s portfolio of products is integrated into a variety of end uses, which are described in the table below.
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|
|
|
|
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| Key End Uses |
Key Products |
| Clean fuels, emission control & other |
• Refining hydrocracking catalysts |
|
• Emission control catalysts |
|
• Catalysts used in production of renewable fuels |
|
• Catalyst activation |
|
• Aluminum sulfate solution |
|
• Ammonium bisulfite solution |
| Polymers & engineered plastics |
• Catalysts for high-density polyethylene and chemicals syntheses |
|
• Antiblocks for film packaging |
|
• Niche custom catalyst |
| Regeneration and treatment services |
• Sulfuric acid regeneration services |
|
• Treatment services |
| Industrial, mining & automotive |
• Sulfur derivatives for industrial production |
|
• Sulfuric acid for mining |
|
• Sulfuric derivatives for nylon production |
The following tables disaggregate the Company’s sales, by segment and end uses, for the three and nine months ended September 30, 2023 and 2022, respectively:
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|
|
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|
|
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|
|
|
|
|
|
|
|
|
|
|
Three months ended September 30, 2023 |
|
|
Ecoservices |
|
Catalyst Technologies(2)
|
|
Total |
| Clean fuels, emission control & other |
|
$ |
8,393 |
|
|
$ |
— |
|
|
$ |
8,393 |
|
| Polymers & engineered plastics |
|
— |
|
|
25,697 |
|
|
25,697 |
|
Regeneration and treatment services(1)
|
|
87,692 |
|
|
— |
|
|
87,692 |
|
| Industrial, mining & automotive |
|
51,544 |
|
|
— |
|
|
51,544 |
|
| Total segment sales |
|
$ |
147,629 |
|
|
$ |
25,697 |
|
|
$ |
173,326 |
|
|
|
|
|
|
|
|
|
|
Three months ended September 30, 2022 |
|
|
Ecoservices |
|
Catalyst Technologies(2)
|
|
Total |
| Clean fuels, emission control & other |
|
$ |
7,991 |
|
|
$ |
— |
|
|
$ |
7,991 |
|
| Polymers & engineered plastics |
|
— |
|
|
36,859 |
|
|
36,859 |
|
Regeneration and treatment services(1)
|
|
92,676 |
|
|
— |
|
|
92,676 |
|
| Industrial, mining & automotive |
|
95,007 |
|
|
— |
|
|
95,007 |
|
| Total segment sales |
|
$ |
195,674 |
|
|
$ |
36,859 |
|
|
$ |
232,533 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Nine months ended September 30, 2023 |
|
|
Ecoservices |
|
Catalyst Technologies(2)
|
|
Total |
| Clean fuels, emission control & other |
|
$ |
21,559 |
|
|
$ |
— |
|
|
$ |
21,559 |
|
| Polymers & engineered plastics |
|
— |
|
|
74,877 |
|
|
74,877 |
|
Regeneration and treatment services(1)
|
|
274,529 |
|
|
— |
|
|
274,529 |
|
| Industrial, mining & automotive |
|
147,345 |
|
|
— |
|
|
147,345 |
|
| Total segment sales |
|
$ |
443,433 |
|
|
$ |
74,877 |
|
|
$ |
518,310 |
|
|
|
|
|
|
|
|
|
|
Nine months ended September 30, 2022 |
|
|
Ecoservices |
|
Catalyst Technologies(2)
|
|
Total |
| Clean fuels, emission control & other |
|
$ |
22,474 |
|
|
$ |
— |
|
|
$ |
22,474 |
|
| Polymers & engineered plastics |
|
— |
|
|
94,716 |
|
|
94,716 |
|
Regeneration and treatment services(1)
|
|
253,793 |
|
|
— |
|
|
253,793 |
|
| Industrial, mining & automotive |
|
266,436 |
|
|
— |
|
|
266,436 |
|
| Total segment sales |
|
$ |
542,703 |
|
|
$ |
94,716 |
|
|
$ |
637,419 |
|
(1)As described in Note 1 to these condensed consolidated financial statements, the Company experiences seasonal sales fluctuations to customers in the regeneration services product group.
(2)Excludes the Company’s proportionate share of sales from the Zeolyst International and Zeolyst C.V. joint ventures (collectively, the “Zeolyst Joint Venture”) accounted for using the equity method (see Note 9 to these condensed consolidated financial statements for further information).
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