Quarterly report [Sections 13 or 15(d)]

Investments in Affiliated Companies (Tables)

v3.25.2
Investments in Affiliated Companies (Tables)
 6 Months Ended
Jun. 30, 2025
Equity Method Investments and Joint Ventures [Abstract]  
Ownership Percentage and Information of the Combined Investments Affiliated companies accounted for on the equity basis as of June 30, 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
June 30,		 Six months ended
June 30,
2025 2024 2025 2024
Sales $ 68,579  $ 70,644  $ 158,109  $ 127,505 
Gross profit 13,522  16,751  41,952  33,929 
Operating income 4,044  5,739  22,250  12,583 
Net income 5,076  4,665  23,727  12,010 
(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.