Quarterly report pursuant to Section 13 or 15(d)

Revenue from Contracts with Customers

v3.24.3
Revenue from Contracts with Customers
9 Months Ended
Sep. 30, 2024
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 17 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
• Catalyst supports used in production of sustainable fuels such as renewable diesel
• Catalysts used in production of sustainable aviation fuels
• Catalyst activation
• Aluminum sulfate solution
• Ammonium bisulfite solution
Polyethylene, polymers & engineered plastics • Catalysts and catalyst supports for high-density polyethylene and chemicals syntheses
• Antiblock for film packaging
• Catalyst for advanced recycling
Regeneration and treatment services • Sulfuric acid regeneration services
• Hazardous waste treatment services
Industrial, mining & automotive • Virgin sulfuric acid for mining
• 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 nine months ended September 30, 2024 and 2023, respectively:
Three months ended September 30, 2024
Ecoservices
Advanced Materials & Catalysts(2)
Total
Clean fuels, emission control & other $ 9,539  $ —  $ 9,539 
Polyethylene, polymers & engineered plastics —  25,308  25,308 
Regeneration and treatment services(1)
91,037  —  91,037 
Industrial, mining & automotive 53,291  —  53,291 
Total segment sales $ 153,867  $ 25,308  $ 179,175 
Three months ended September 30, 2023
Ecoservices
Advanced Materials & Catalysts(2)
Total
Clean fuels, emission control & other $ 8,393  $ —  $ 8,393 
Polyethylene, polymers & engineered plastics —  25,697  25,697 
Regeneration and treatment services(1)
87,692  —  87,692 
Industrial, mining & automotive 51,544  —  51,544 
Total segment sales $ 147,629  $ 25,697  $ 173,326 
Nine months ended September 30, 2024
Ecoservices
Advanced Materials & Catalyst(2)
Total
Clean fuels, emission control & other $ 25,542  $ —  $ 25,542 
Polyethylene, polymers & engineered plastics —  73,104  73,104 
Regeneration and treatment services(1)
269,721  —  269,721 
Industrial, mining & automotive 154,165  —  154,165 
Total segment sales $ 449,428  $ 73,104  $ 522,532 
Nine months ended September 30, 2023
Ecoservices
Advanced Materials & Catalyst(2)
Total
Clean fuels, emission control & other $ 21,559  $ —  $ 21,559 
Polyethylene, polymers & engineered plastics —  74,877  74,877 
Regeneration and treatment services(1)
274,529  —  274,529 
Industrial, mining & automotive 147,345  —  147,345 
Total segment sales $ 443,433  $ 74,877  $ 518,310 

(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).