Annual report pursuant to Section 13 and 15(d)

Relationship with Solvay

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Relationship with Solvay
12 Months Ended
Dec. 31, 2017
Other Income and Expenses [Abstract]  
Relationship with Solvay
24. Relationship with Solvay:
Transition Services Agreement
Concurrent with the consummation of the 2014 Acquisition, Eco Services entered into a transition services agreement with Solvay (the “Transition Services Agreement”), which provided certain transition services by Solvay to Eco Services and from Eco Services to Solvay. The services from Solvay included the provision of information technology services, certain workspace related services, cost accounting services and consulting services, among others. The Transition Services Agreement was terminated as of December 31, 2015. The Company recorded $4,882 of fees for the transition services provided in selling, general and administrative expenses for the year ended December 31, 2015.
Cross-Services Agreement
In connection with the 2014 Acquisition, Eco Services entered into a Cross-Services Agreement (the “CSA”) with Aroma Performance, a Solvay business unit (“Aroma”), on July 28, 2014. The CSA pertains to Eco Services’ Baton Rouge, LA site. In connection with the CSA, Eco Services (and now the Company) agreed to continue to provide certain services that it historically provided to Aroma when it operated as a component of Solvay, including its well water and process steam requirements, for an initial term of five years. Further, Eco Services also agreed to provide Aroma with the use of space, operating machinery and handling of chemicals on the site.
Under the CSA, the Company sells product to Aroma on an ongoing basis. Sales under the CSA totaled $1,068, $1,047 and $1,272 for the years ended December 31, 2017, 2016 and 2015, respectively. The Company also provides hazardous waste removal services to Aroma under the CSA. Sales related to the hazardous waste removal services were $1,600, $1,615 and $1,544 for the years ended December 31, 2017, 2016 and 2015, respectively.
The Company incurs certain shared costs, such as electricity, steam, other utility and plant administration costs, all of which are charged to Aroma primarily based on direct usage. The Company charged Aroma $2,028, $2,686 and $3,745 for such expenses for the years ended December 31, 2017, 2016 and 2015, respectively.
Silica Sales Agreement
In connection with the 2014 Acquisition, Eco Services entered into an agreement (the “Silica Sales Agreement”) with Solvay’s Silica business unit (“Silica”) pursuant to which Eco Services agreed to provide Silica with sulfuric acid produced at its Hammond, IN plant for a term of five years, renewing automatically for one year terms thereafter. Eco Services historically provided sulfuric acid to Silica when it operated as a component of Solvay, and the Company continues to sell product to Solvay under the Silica Sales Agreement on an ongoing basis. These sales totaled $1,666, $1,743 and $1,983 for the years ended December 31, 2017, 2016 and 2015, respectively.