| Disaggregation of Revenue |
The Company’s portfolio of products is integrated into a variety of end uses, which are described in the table below.
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| Key End Uses |
Key Products |
| Clean fuels, emission control & other |
• Refining hydrocracking catalysts |
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• Emission control catalysts |
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• Catalyst supports used in production of sustainable fuels such as renewable diesel |
|
• Catalysts used in production of sustainable aviation fuels |
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• Catalyst activation |
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• Aluminum sulfate solution |
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• Ammonium bisulfite solution |
| Polyethylene, polymers & engineered plastics |
• Catalysts and catalyst supports for high-density polyethylene and chemicals syntheses |
|
• Antiblock for film packaging |
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• 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 |
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• 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:
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|
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|
|
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|
|
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|
|
|
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 |
|
|
|
|
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|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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).
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