| 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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| Key End Uses |
Key Products |
| Clean fuels, emission control & other |
• Refining hydrocracking catalysts |
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• Emission control catalysts |
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• Catalyst supports used in production of sustainable fuels such as renewable diesel |
|
• Catalysts used in production of sustainable aviation fuels |
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• Catalyst activation |
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• Aluminum sulfate solution |
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• Ammonium bisulfite solution |
| Polyethylene, polymers & engineered plastics |
• Catalysts for high-density polyethylene and chemicals syntheses |
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• Antiblock for film packaging |
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• Catalyst for advanced recycling |
| Regeneration and treatment services |
• Sulfuric acid regeneration services |
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• Treatment services |
| Industrial, mining & automotive |
• Virgin sulfuric acid for mining |
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• Virgin sulfuric derivatives for industrial production |
|
• Virgin sulfuric derivatives for nylon production |
The following tables disaggregate the Company’s sales, by segment and end uses, for the three and six months ended June 30, 2024 and 2023, respectively:
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|
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|
|
|
|
|
|
|
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|
Three months ended June 30, 2024 |
|
|
Ecoservices |
|
Advanced Materials & Catalysts(2)
|
|
Total |
| Clean fuels, emission control & other |
|
$ |
8,614 |
|
|
$ |
— |
|
|
$ |
8,614 |
|
| Polyethylene, polymers & engineered plastics |
|
— |
|
|
28,862 |
|
|
28,862 |
|
Regeneration and treatment services(1)
|
|
95,365 |
|
|
— |
|
|
95,365 |
|
| Industrial, mining & automotive |
|
49,979 |
|
|
— |
|
|
49,979 |
|
| Total segment sales |
|
$ |
153,958 |
|
|
$ |
28,862 |
|
|
$ |
182,820 |
|
|
|
|
|
|
|
|
|
|
Three months ended June 30, 2023 |
|
|
Ecoservices |
|
Advanced Materials & Catalysts(2)
|
|
Total |
| Clean fuels, emission control & other |
|
$ |
8,426 |
|
|
$ |
— |
|
|
$ |
8,426 |
|
| Polyethylene, polymers & engineered plastics |
|
— |
|
|
26,045 |
|
|
26,045 |
|
Regeneration and treatment services(1)
|
|
98,494 |
|
|
— |
|
|
98,494 |
|
| Industrial, mining & automotive |
|
51,145 |
|
|
— |
|
|
51,145 |
|
| Total segment sales |
|
$ |
158,065 |
|
|
$ |
26,045 |
|
|
$ |
184,110 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Six months ended June 30, 2024 |
|
|
Ecoservices |
|
Advanced Materials & Catalyst(2)
|
|
Total |
| Clean fuels, emission control & other |
|
$ |
16,003 |
|
|
$ |
— |
|
|
$ |
16,003 |
|
| Polyethylene, polymers & engineered plastics |
|
— |
|
|
47,797 |
|
|
47,797 |
|
Regeneration and treatment services(1)
|
|
178,684 |
|
|
— |
|
|
178,684 |
|
| Industrial, mining & automotive |
|
100,873 |
|
|
— |
|
|
100,873 |
|
| Total segment sales |
|
$ |
295,560 |
|
|
$ |
47,797 |
|
|
$ |
343,357 |
|
|
|
|
|
|
|
|
|
|
Six months ended June 30, 2023 |
|
|
Ecoservices |
|
Advanced Materials & Catalyst(2)
|
|
Total |
| Clean fuels, emission control & other |
|
$ |
13,166 |
|
|
$ |
— |
|
|
$ |
13,166 |
|
| Polyethylene, polymers & engineered plastics |
|
— |
|
|
49,179 |
|
|
49,179 |
|
Regeneration and treatment services(1)
|
|
186,838 |
|
|
— |
|
|
186,838 |
|
| Industrial, mining & automotive |
|
95,801 |
|
|
— |
|
|
95,801 |
|
| Total segment sales |
|
$ |
295,805 |
|
|
$ |
49,179 |
|
|
$ |
344,984 |
|
(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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