Quarterly report pursuant to Section 13 or 15(d)

Revenue from Contracts with Customers

v3.23.2
Revenue from Contracts with Customers
 6 Months Ended
Jun. 30, 2023
Revenue from Contract with Customer [Abstract]  
Revenue from Contracts with Customers
3. Revenue from Contracts with Customers:
Disaggregated Revenue
The Company’s primary means of disaggregating revenues is by reportable segments, which can be found in Note 16 to these condensed consolidated financial statements.
The Company’s portfolio of products is integrated into a variety of end uses, which are described in the table below.
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 six months ended June 30, 2023 and 2022, respectively:
Three months ended June 30, 2023
Ecoservices
Catalyst Technologies(2)
Total
Clean fuels, emission control & other $ 8,426  $ —  $ 8,426 
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 
Three months ended June 30, 2022
Ecoservices
Catalyst Technologies(2)
Total
Clean fuels, emission control & other $ 7,386  $ —  $ 7,386 
Polymers & engineered plastics —  32,204  32,204 
Regeneration and treatment services(1)
87,143  —  87,143 
Industrial, mining & automotive 98,439  —  98,439 
Total segment sales $ 192,968  $ 32,204  $ 225,172 
Six months ended June 30, 2023
Ecoservices
Catalyst Technologies(2)
Total
Clean fuels, emission control & other $ 13,166  $ —  $ 13,166 
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 
Six months ended June 30, 2022
Ecoservices
Catalyst Technologies(2)
Total
Clean fuels, emission control & other $ 14,482  $ —  $ 14,482 
Polymers & engineered plastics —  57,858  57,858 
Regeneration and treatment services(1)
161,116  —  161,116 
Industrial, mining & automotive 171,430  —  171,430 
Total segment sales $ 347,028  $ 57,858  $ 404,886 
(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).