Quarterly report [Sections 13 or 15(d)]

Investments in Affiliated Companies (Tables)

v3.25.1
Investments in Affiliated Companies (Tables)
3 Months Ended
Mar. 31, 2025
Equity Method Investments and Joint Ventures [Abstract]  
Ownership Percentage and Summarized Income Statement Affiliated companies accounted for on the equity basis as of March 31, 2025 are as follows:
Company Country Percent
ownership
Zeolyst International USA 50%
Zeolyst C.V. Netherlands 50%
Following is summarized information of the combined investments(1):
Three months ended
March 31,
2025 2024
Sales $ 89,530  $ 56,860 
Gross profit 28,430  17,117 
Operating income 18,206  6,844 
Net income 18,651  7,345 
(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.