| Disaggregation of Revenue |
The Company’s portfolio of products are integrated into a variety of end uses, which are described in the table below:
|
|
|
|
|
|
| Key End Uses |
Key Products |
| Industrial & process chemicals |
• Silicate precursors for the tire industry |
|
• Silica gels for surface coatings |
| Fuels & emission control |
• Refinery catalysts |
|
• Emission control catalysts |
|
• Catalyst recycling services |
| Packaging & engineered plastics |
• Catalysts for high-density polyethlene and chemicals syntheses |
|
• Antiblocks for film packaging |
|
• Sulfur derivatives for nylon production |
|
• Silicate precursors for catalysts used in plastics manufacturing |
|
• Silicate for catalyst manufacturing |
| Consumer products |
• Silica gels for edible oil and beer clarification |
|
• Precipitated silicas, silicates and zeolites for the dentifrice and dishwasher and
laundry detergent applications |
| Natural resources |
• Silicates for drilling muds |
|
• Silicates and alum for water treatment mining |
|
• Bleaching aids for paper |
The following table disaggregates the Company’s sales, by segment and end use, for the years ended December 31, 2020, 2019 and 2018:
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|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Year ended December 31, 2020 |
|
|
Refining Services |
|
Catalysts |
|
|
|
Performance Chemicals |
|
Total |
| Industrial & process chemicals |
|
$ |
70,648 |
|
|
$ |
125 |
|
|
|
|
$ |
279,296 |
|
|
$ |
350,069 |
|
Fuels & emission control(1)
|
|
225,042 |
|
|
— |
|
|
|
|
— |
|
|
225,042 |
|
| Packaging & engineered plastics |
|
38,772 |
|
|
93,882 |
|
|
|
|
47,451 |
|
|
180,105 |
|
|
|
|
|
|
|
|
|
|
|
|
| Consumer products |
|
— |
|
|
— |
|
|
|
|
235,792 |
|
|
235,792 |
|
| Natural resources |
|
67,451 |
|
|
— |
|
|
|
|
52,165 |
|
|
119,616 |
|
| Total segment sales |
|
401,913 |
|
|
94,007 |
|
|
|
|
614,704 |
|
|
1,110,624 |
|
| Inter-segment sales eliminations |
|
(3,256) |
|
|
(5) |
|
|
|
|
— |
|
|
(3,261) |
|
| Total |
|
$ |
398,657 |
|
|
$ |
94,002 |
|
|
|
|
$ |
614,704 |
|
|
$ |
1,107,363 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Year ended December 31, 2019 |
|
|
Refining Services |
|
Catalysts |
|
|
|
Performance Chemicals |
|
Total |
| Industrial & process chemicals |
|
$ |
80,661 |
|
|
$ |
96 |
|
|
|
|
$ |
299,651 |
|
|
$ |
380,408 |
|
Fuels & emission control(1)
|
|
252,294 |
|
|
— |
|
|
|
|
— |
|
|
252,294 |
|
| Packaging & engineered plastics |
|
48,056 |
|
|
85,571 |
|
|
|
|
51,725 |
|
|
185,352 |
|
|
|
|
|
|
|
|
|
|
|
|
| Consumer products |
|
— |
|
|
— |
|
|
|
|
260,495 |
|
|
260,495 |
|
| Natural resources |
|
66,070 |
|
|
— |
|
|
|
|
58,692 |
|
|
124,762 |
|
| Total segment sales |
|
447,081 |
|
|
85,667 |
|
|
|
|
670,563 |
|
|
1,203,311 |
|
| Inter-segment sales eliminations |
|
(3,397) |
|
|
— |
|
|
|
|
— |
|
|
(3,397) |
|
| Total |
|
$ |
443,684 |
|
|
$ |
85,667 |
|
|
|
|
$ |
670,563 |
|
|
$ |
1,199,914 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Year ended December 31, 2018 |
|
|
Refining Services |
|
Catalysts |
|
|
|
Performance Chemicals |
|
Total |
| Industrial & process chemicals |
|
$ |
77,866 |
|
|
$ |
86 |
|
|
|
|
$ |
315,827 |
|
|
$ |
393,779 |
|
Fuels & emission control(1)
|
|
246,452 |
|
|
— |
|
|
|
|
— |
|
|
246,452 |
|
| Packaging & engineered plastics |
|
59,168 |
|
|
72,013 |
|
|
|
|
53,623 |
|
|
184,804 |
|
|
|
|
|
|
|
|
|
|
|
|
| Consumer products |
|
— |
|
|
— |
|
|
|
|
272,187 |
|
|
272,187 |
|
| Natural resources |
|
72,076 |
|
|
— |
|
|
|
|
62,865 |
|
|
134,941 |
|
| Total segment sales |
|
455,562 |
|
|
72,099 |
|
|
|
|
704,502 |
|
|
1,232,163 |
|
| Inter-segment sales eliminations |
|
(3,237) |
|
|
— |
|
|
|
|
— |
|
|
(3,237) |
|
| Total |
|
$ |
452,325 |
|
|
$ |
72,099 |
|
|
|
|
$ |
704,502 |
|
|
$ |
1,228,926 |
|
|
|
|
|
|
|
|
|
|
|
|
(1) As described in Note 1, the Company experiences seasonal sales fluctuations to customers in the fuels & emission control end use.
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