Ecovyst, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Investments in Affiliated Companies (Tables)

Investments in Affiliated Companies (Tables)

6 Months Ended

Jun. 30, 2018

Equity Method Investments and Joint Ventures [Abstract]

The Company accounts for investments in affiliated companies under the equity method. Affiliated companies accounted for on the equity basis as of June 30, 2018 are as follows:



Company	Country	Percent Ownership
PQ Silicates Ltd.	Taiwan	50%
Zeolyst International	USA	50%
Zeolyst C.V.	Netherlands	50%
Quaker Holdings	South Africa	49%

Following is summarized information of the combined investments⁽¹⁾:



	Three months ended June 30,				Six months ended June 30,
	2018		2017		2018		2017
Net sales	$	108,898	$	68,732	$	197,474	$	141,787
Gross profit	40,669		29,661		76,191		58,586
Operating income	31,622		19,112		57,663		37,695
Net income	30,638		20,809		57,660		39,844


⁽¹⁾	Summarized information of the combined investments is presented at 100%; the Company’s share of the net assets and net income of affiliates is calculated based on the percent ownership specified in the table above.