| Disaggregated Revenue |
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 synthesis |
|
• Antiblock for film packaging |
|
• Catalysts 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 acid derivatives for industrial production |
|
• Virgin sulfuric acid 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, 2025 and 2024, respectively:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three months ended June 30, 2025 |
|
|
Ecoservices |
|
Advanced Materials & Catalysts(2)
|
|
Total |
| Clean fuels, emission control & other |
|
$ |
8,946 |
|
|
$ |
— |
|
|
$ |
8,946 |
|
| Polyethylene, polymers & engineered plastics |
|
— |
|
|
24,063 |
|
|
24,063 |
|
Regeneration and treatment services(1)
|
|
92,788 |
|
|
— |
|
|
92,788 |
|
| Industrial, mining & automotive |
|
74,331 |
|
|
— |
|
|
74,331 |
|
| Total segment sales |
|
$ |
176,065 |
|
|
$ |
24,063 |
|
|
$ |
200,128 |
|
|
|
|
|
|
|
|
|
|
Three months ended June 30, 2024 |
|
|
Ecoservices |
|
Advanced Materials & Catalysts(2)
|
|
Total |
| Clean fuels, emission control & other |
|
$ |
8,614 |
|
|
$ |
— |
|
|
$ |
8,614 |
|
| Polyethylene, polymers & engineered plastics |
|
— |
|
|
28,862 |
|
|
28,862 |
|
Regeneration and treatment services(1)
|
|
95,365 |
|
|
— |
|
|
95,365 |
|
| Industrial, mining & automotive |
|
49,979 |
|
|
— |
|
|
49,979 |
|
| Total segment sales |
|
$ |
153,958 |
|
|
$ |
28,862 |
|
|
$ |
182,820 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Six months ended June 30, 2025 |
|
|
Ecoservices |
|
Advanced Materials & Catalysts(2)
|
|
Total |
| Clean fuels, emission control & other |
|
$ |
16,929 |
|
|
$ |
— |
|
|
$ |
16,929 |
|
| Polyethylene, polymers & engineered plastics |
|
— |
|
|
43,151 |
|
|
43,151 |
|
Regeneration and treatment services(1)
|
|
172,035 |
|
|
— |
|
|
172,035 |
|
| Industrial, mining & automotive |
|
130,211 |
|
|
— |
|
|
130,211 |
|
| Total segment sales |
|
$ |
319,175 |
|
|
$ |
43,151 |
|
|
$ |
362,326 |
|
|
|
|
|
|
|
|
|
|
Six months ended June 30, 2024 |
|
|
Ecoservices |
|
Advanced Materials & Catalysts(2)
|
|
Total |
| Clean fuels, emission control & other |
|
$ |
16,003 |
|
|
$ |
— |
|
|
$ |
16,003 |
|
| Polyethylene, polymers & engineered plastics |
|
— |
|
|
47,797 |
|
|
47,797 |
|
Regeneration and treatment services(1)
|
|
178,684 |
|
|
— |
|
|
178,684 |
|
| Industrial, mining & automotive |
|
100,873 |
|
|
— |
|
|
100,873 |
|
| Total segment sales |
|
$ |
295,560 |
|
|
$ |
47,797 |
|
|
$ |
343,357 |
|
(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)The Company does not record its 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 as revenue and such sales are not consolidated within its results of operations. See Note 10 to these condensed consolidated financial statements for further information.
|