| Disaggregation of Revenue |
The Company’s portfolio of products are integrated into a variety of end uses, which are described in the table below.
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| Key End Uses |
Key Products |
| Industrial & process chemicals |
• Silicate precursors for the tire industry |
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• Glass beads, or microspheres, for metal finishing end uses |
| Fuels & emission control |
• Refinery catalysts |
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• Emission control catalysts |
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• Catalyst recycling services |
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• Silicate for catalyst manufacturing |
| Packaging & engineered plastics |
• Catalysts for high-density polyethlene and chemicals syntheses |
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• Antiblocks for film packaging |
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• Solid and hollow microspheres for composite plastics |
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• Sulfur derivatives for nylon production |
| Highway safety & construction |
• Reflective markings for roadways and airports |
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• Silica gels for surface coatings |
| Consumer products |
• Silica gels for edible oil and beer clarification |
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• Precipitated silicas, silicates and zeolites for the dentifrice and |
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dishwasher and laundry detergent applications |
| Natural resources |
• Silicates for drilling muds |
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• Hollow glass beads, or microspheres, for oil well cements |
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• Silicates and alum for water treatment mining |
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• Bleaching aids for paper |
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The following tables disaggregate the Company’s sales, by segment and end use, for the three months ended March 31, 2020 and 2019:
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Three months ended March 31, 2020 |
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Refining
Services |
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Catalysts |
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Performance Materials |
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Performance Chemicals |
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Total |
| Industrial & process chemicals |
$ |
19,359 |
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$ |
47 |
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$ |
12,123 |
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$ |
59,833 |
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$ |
91,362 |
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Fuels & emission control (1)
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55,710 |
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— |
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40 |
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— |
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55,750 |
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| Packaging & engineered plastics |
10,734 |
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24,817 |
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17,471 |
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14,275 |
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67,297 |
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Highway safety & construction (1)
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— |
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— |
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32,643 |
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20,190 |
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52,833 |
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| Consumer products |
— |
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— |
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— |
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64,026 |
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64,026 |
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| Natural resources |
14,887 |
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— |
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3,292 |
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15,955 |
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34,134 |
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| Total segment sales |
100,690 |
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24,864 |
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65,569 |
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174,279 |
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365,402 |
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| Eliminations |
(925) |
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(47) |
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(54) |
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(2,778) |
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(3,804) |
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| Total |
$ |
99,765 |
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$ |
24,817 |
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$ |
65,515 |
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$ |
171,501 |
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$ |
361,598 |
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Three months ended March 31, 2019 |
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Refining
Services |
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Catalysts |
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Performance Materials |
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Performance Chemicals |
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Total |
| Industrial & process chemicals |
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$ |
18,402 |
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$ |
276 |
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$ |
13,028 |
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$ |
59,652 |
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$ |
91,358 |
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Fuels & emission control (1)
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57,690 |
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— |
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— |
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— |
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57,690 |
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| Packaging & engineered plastics |
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12,689 |
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15,590 |
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17,382 |
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14,730 |
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60,391 |
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Highway safety & construction (1)
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— |
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— |
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27,360 |
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21,938 |
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49,298 |
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| Consumer products |
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— |
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— |
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— |
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68,509 |
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68,509 |
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| Natural resources |
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17,063 |
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— |
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3,319 |
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15,633 |
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36,015 |
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| Total segment sales |
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105,844 |
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15,866 |
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61,089 |
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180,462 |
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363,261 |
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| Eliminations |
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(887) |
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(276) |
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(48) |
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(2,829) |
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(4,040) |
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| Total |
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$ |
104,957 |
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$ |
15,590 |
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$ |
61,041 |
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$ |
177,633 |
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$ |
359,221 |
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(1) As described in Note 1, the Company experiences seasonal sales fluctuations to customers in the fuels & emission control and highway safety & construction end uses.
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