| Period End | Type | Status | Affected | % Workforce | Announced | Expected Completion | Geography | Segment / Function | Charge | Source | Note |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026-06-30 | restructuring | in_progress | 2026-02 | 2027-12-31 | Western Australia | Energy Storage | USD 32 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Kemerton Train 1 placed into care and maintenance; $31.8M charged YTD 2026 (severance, decommissioning, contract cancellation). Additional $70–90M expected through 2027. No employee count disclosed. | ||
| 2026-06-30 | restructuring | in_progress | 2024-07 | 2026-12-31 | Global | Energy Storage; Corporate and all segments (severance) | USD 1 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Second Half 2024 Restructuring ongoing; $1.4M charged YTD 2026 (decommissioning). Prior workforce reduction impacted 6-7% of total headcount in 2H 2024; no absolute count or current-period headcount impact disclosed. | ||
| 2026-06-30 | divestiture_reduction | completed | 2025-10-25 | 2026-03-02 | Global | Refining Solutions (Ketjen segment, excl. PCS) | USD 95 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Refining Solutions Business Transaction closed 2026-03-02; $95.0M pre-tax loss recorded. No headcount removed disclosed. | ||
| 2026-06-30 | restructuring | in_progress | 2026-02 | 2027-12-31 | Western Australia | Energy Storage | USD 32 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Kemerton Train 1 placed into care and maintenance. Charges include decommissioning, asset disposal, contract cancellation, and severance. Additional charges of $70-90 million expected in 2026-2027. | ||
| 2026-06-30 | restructuring | in_progress | 6.5% | 2024-07 | Global | Corporate and All Segments | USD 1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Second Half 2024 Restructuring. Includes global workforce reduction impacting 6-7% of total headcount. Q2 2026 charges primarily for decommissioning costs related to Kemerton Train 2 and Chengdu plant. | ||
| 2026-06-30 | restructuring | in_progress | Decommissioning [Member] / Kemerton Train 1 Restructuring [Member] | USD 11,819,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2026-06-30 | restructuring | in_progress | Asset Write-Offs [Member] / Kemerton Train 1 Restructuring [Member] | USD 2,732,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2026-06-30 | restructuring | in_progress | Severance And Employee Benefits [Member] / Kemerton Train 1 Restructuring [Member] | USD 15,397,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2026-06-30 | restructuring | in_progress | Contract Termination [Member] / Kemerton Train 1 Restructuring [Member] | USD 1,013,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2026-06-30 | restructuring | in_progress | Other Restructuring [Member] / Kemerton Train 1 Restructuring [Member] | USD 1,246,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2026-06-30 | restructuring | in_progress | Kemerton Train 1 Restructuring [Member] | USD 32,207,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2026-06-30 | restructuring | in_progress | Decommissioning [Member] / Second Half 2024 Restructuring [Member] | USD 1,402,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2026-06-30 | restructuring | in_progress | Asset Write-Offs [Member] / Second Half 2024 Restructuring [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2026-06-30 | restructuring | in_progress | Severance And Employee Benefits [Member] / Second Half 2024 Restructuring [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2026-06-30 | restructuring | in_progress | Contract Termination [Member] / Second Half 2024 Restructuring [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2026-06-30 | restructuring | in_progress | Other Restructuring [Member] / Second Half 2024 Restructuring [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2026-06-30 | restructuring | in_progress | Second Half 2024 Restructuring [Member] | USD 1,402,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2026-03-31 | plant_closure | in_progress | 2026-02-01 | 2027-12-31 | Western Australia | Energy Storage | USD 25 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Kemerton Train 1 placed into care and maintenance in Feb 2026; Q1 charges of $24.7M (severance $15.4M, decommissioning $4.3M, asset write-offs $2.7M). Additional $80M–$100M expected over remainder of 2026 and 2027. No employee count disclosed. | ||
| 2026-03-31 | restructuring | in_progress | 2024-07-01 | 2026-06-30 | Global; Western Australia; China | Energy Storage (primarily); global workforce reduction of 6-7% of total headcount in 2H 2024 | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Second Half 2024 Restructuring: stopped Kemerton Train 3 construction, care-and-maintenance for Train 2 and Chengdu plant; global workforce reduction impacted 6-7% of headcount in 2H 2024. Cumulative charges since inception: asset write-offs $726.0M, severance $53.4M, contract cancellation $38.4M, decommissioning $13.0M, other $29.3M. Q1 2026 charge $1.19M. No absolute employee count disclosed. | |||
| 2026-03-31 | divestiture_reduction | completed | 2025-10-25 | 2026-03-02 | Global | Refining Solutions (Ketjen segment, excluding PCS) | USD 95 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of controlling interest in Refining Solutions closed 2026-03-02; $95.0M pre-tax loss recorded. Company retains 49% of Holdco common units. No headcount transferred disclosed. | ||
| 2026-03-31 | divestiture_reduction | completed | 2026-01-23 | 2026-01-23 | Global | Refining Solutions reporting unit — Eurecat S.A. joint venture (50% interest) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of 50% Eurecat interest to Axens SA for €105M (~$123M); $42.3M gain recorded. Equity-method investment, so no consolidated headcount impact disclosed. | |||
| 2026-03-31 | restructuring | in_progress | 2026-02 | 2027-12-31 | Western Australia | Energy Storage | USD 25 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Kemerton Train 1 placed into care and maintenance. Charges include decommissioning, asset disposal, contract cancellation, and severance. Additional charges of $80M-$100M expected in 2026-2027. | ||
| 2026-03-31 | restructuring | in_progress | 6.5% | 2024-07 | 2026-06-30 | Global | Corporate and All Segments | USD 1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Second Half 2024 Restructuring. Includes global workforce reduction impacting 6-7% of total headcount (announced July 2024). Q1 2026 charges primarily for decommissioning Kemerton Train 2 and Chengdu plant. | |
| 2026-03-31 | restructuring | in_progress | Kemerton Train 1 Restructuring [Member] | USD 24,700,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2026-03-31 | restructuring | in_progress | Decommissioning [Member] / Second Half 2024 Restructuring [Member] | USD 13,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2026-03-31 | restructuring | in_progress | Asset Write-Offs [Member] / Second Half 2024 Restructuring [Member] | USD 726,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2026-03-31 | restructuring | in_progress | Severance And Employee Benefits [Member] / Second Half 2024 Restructuring [Member] | USD 53,400,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2026-03-31 | restructuring | in_progress | Contract Termination [Member] / Second Half 2024 Restructuring [Member] | USD 38,400,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2026-03-31 | restructuring | in_progress | Other Restructuring [Member] / Second Half 2024 Restructuring [Member] | USD 29,300,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2026-03-31 | restructuring | in_progress | Decommissioning [Member] / Kemerton Train 1 Restructuring [Member] | USD 4,343,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2026-03-31 | restructuring | in_progress | Asset Write-Offs [Member] / Kemerton Train 1 Restructuring [Member] | USD 2,732,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2026-03-31 | restructuring | in_progress | Severance And Employee Benefits [Member] / Kemerton Train 1 Restructuring [Member] | USD 15,397,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2026-03-31 | restructuring | in_progress | Contract Termination [Member] / Kemerton Train 1 Restructuring [Member] | USD 1,013,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2026-03-31 | restructuring | in_progress | Other Restructuring [Member] / Kemerton Train 1 Restructuring [Member] | USD 1,191,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2026-03-31 | restructuring | in_progress | Second Half 2024 Restructuring [Member] | USD 1,190,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-12-31 | plant_closure | completed | 2024-07 | Chengdu, China | Energy Storage | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Lithium conversion plant placed into care and maintenance during the first half of 2025 as part of the restructuring plan announced in July 2024; production was transferred to another processing facility in China. 2025 restructuring charges under the plan totaled approximately $7.9 million. The plan's global workforce reduction (6-7% of headcount) was executed in the second half of 2024, prior to the current fiscal year. | ||||
| 2025-12-31 | plant_closure | completed | 2024 | Kemerton, Western Australia, Australia | Energy Storage | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Idling of lithium hydroxide Train 2 was announced in 2024 under the July 2024 restructuring plan; 2025 restructuring charges included the remaining costs to place the train into care and maintenance. | ||||
| 2025-12-31 | plant_closure | announced | 2026-02-06 | 2026-12-31 | Kemerton, Western Australia, Australia | Energy Storage | subsequent_events f5-10k / GLM-5.3-flash-HTML | Subsequent event announced after fiscal year-end: decision to place Kemerton Train 1 into care and maintenance. Expected cash-related charges of approximately $150 million to $225 million, of which approximately $75-90 million is decommissioning costs and $20-30 million is asset disposal costs, with the remainder for contract cancellation, severance and other charges. Majority of actions expected to be completed in 2026, remainder in 2027. | |||
| 2025-12-31 | restructuring | in_progress | 2024-07-01 | Global | Corporate and all segments | USD 8 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Second Half 2024 Restructuring program; FY2025 charges of $7.7M primarily for care-and-maintenance costs at Chengdu and Kemerton Train 2, contract cancellation adjustments, and favorable asset write-off adjustments. Program includes global workforce reduction impacting 6-7% of total headcount announced in 2024. | |||
| 2025-12-31 | plant_closure | completed | 2025-01-01 | 2025-06-30 | China | Energy Storage | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Chengdu, China conversion plant placed into care and maintenance during first half of 2025; production transferred to another processing facility in China. Part of Second Half 2024 Restructuring program. | |||
| 2025-12-31 | plant_closure | announced | 2026-02-06 | 2027-12-31 | Australia | Energy Storage | USD 188 (millions) | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Kemerton Train 1 to be placed into care and maintenance; estimated $150M-$225M cash-related charges (midpoint shown) for decommissioning, contract cancellation, severance, and asset disposal. Majority expected in 2026, remainder in 2027. | ||
| 2025-12-31 | divestiture_reduction | in_progress | 2025-10-25 | 2026-03-31 | Global | Ketjen (Refining Solutions) | USD 427 (millions) | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | Refining Solutions business divestiture; $181.1M goodwill impairment (Q3 2025) plus $245.6M long-lived asset impairment (Q4 2025). Expected to close Q1 2026. Headcount impact not disclosed. | ||
| 2025-12-31 | divestiture_reduction | completed | 2025-10-23 | 2026-01-23 | Global | Ketjen (Eurecat S.A. joint venture) | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of 50% ownership interest in Eurecat S.A. completed January 23, 2026 for approximately $123 million. Headcount impact not disclosed. | |||
| 2025-12-31 | divestiture_reduction | completed | 2025-10-01 | 2025-10-01 | Japan | Ketjen (Nippon Aluminum Alkyls) | USD 14 (millions) | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | Divested all ownership interest in Nippon Aluminum Alkyls joint venture on October 1, 2025; recorded $14.3M loss. Headcount impact not disclosed. | ||
| 2025-12-31 | restructuring | completed | 6.5% | 2024-07-01 | Global | Corporate and all segments | Item_1_Business f5-10k / Qwen3.6-27B-Q8_0 | Global workforce reduction impacting 6-7% of total headcount announced in July 2024 as part of cost structure optimization. Specific employee count not disclosed, only percentage range. | |||
| 2025-12-31 | restructuring | announced | 2026-02-01 | 2027-12-31 | Australia | Energy Storage | USD 188 (millions) | subsequent_events f5-10k / Qwen3.6-27B-Q8_0 | Decision to place Kemerton Train 1 into care and maintenance. Estimated cash-related charges of $150M-$225M including severance. Majority of actions expected to complete in 2026, remainder in 2027. | ||
| 2025-12-31 | restructuring | in_progress | Asset Write-Offs [Member] / Second Half 2024 Restructuring [Member] | USD 2,142,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2025-12-31 | restructuring | in_progress | Severance and Employee Benefits [Member] / Second Half 2024 Restructuring [Member] | USD 5,398,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2025-12-31 | restructuring | in_progress | Contract Termination [Member] / Second Half 2024 Restructuring [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2025-12-31 | restructuring | in_progress | Other Restructuring [Member] / Second Half 2024 Restructuring [Member] | USD 11,528,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2025-12-31 | restructuring | in_progress | Second Half 2024 Restructuring [Member] | USD 20,068,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2025-09-30 | restructuring | in_progress | 2024-07-31 | Global | Corporate and all segments (primarily Energy Storage) | USD 6 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Second Half 2024 Restructuring; global workforce reduction impacted 6-7% of total headcount per filing. Nine-month 2025 charges include severance and employee benefits of $2.184M. Company states no further material costs expected. | |||
| 2025-09-30 | restructuring | completed | 2024-01-31 | 2024-06-30 | Global | Corporate and all segments (primarily Energy Storage) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | First Half 2024 Restructuring completed in first half of 2024; no further costs expected. Severance liability fully settled by September 30, 2025. | |||
| 2025-09-30 | plant_closure | in_progress | 2024-07-31 | Western Australia | Energy Storage | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Kemerton Train 3 construction stopped and Train 2 placed into care and maintenance; no employee count disclosed. | ||||
| 2025-09-30 | plant_closure | completed | 2025-01-01 | 2025-06-30 | China | Energy Storage | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Chengdu, China conversion plant placed into care and maintenance during first half of 2025; production transferred to another China facility. No employee count disclosed. | |||
| 2025-09-30 | divestiture_reduction | announced | 2025-10-25 | 2026-06-30 | Global | Ketjen (Refining Solutions business) | USD 181 (millions) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Definitive agreement to divest controlling interest in Refining Solutions business; $181.1M non-cash goodwill impairment recorded in Q3 2025. No employee count disclosed. | ||
| 2025-09-30 | divestiture_reduction | announced | 2025-10-23 | 2026-06-30 | Global | Ketjen (Eurecat S.A. joint venture, 50% interest) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Agreement to divest 50% interest in Eurecat S.A. for approximately €105 million. No employee count disclosed. | |||
| 2025-09-30 | restructuring | in_progress | 2024-07-01 | Global | Energy Storage, Corporate | USD 2 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Second Half 2024 Restructuring program. Q3 2025 charges of $2.3M primarily for contract cancellations and care/maintenance costs. Program includes global workforce reduction of 6-7% and cessation of Kemerton Train 3 construction. No specific employee count for Q3 2025 activity disclosed. | |||
| 2025-09-30 | restructuring | completed | 2024-01-01 | 2024-06-30 | Global | Energy Storage, Corporate | USD 0 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | First Half 2024 Restructuring program completed. No further costs expected. Q3 2025 charges were zero. | ||
| 2025-09-30 | restructuring | in_progress | 6.5% | 2024-07-01 | Global | Corporate and all segments | USD 2 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Second Half 2024 Restructuring: Global workforce reduction impacting 6-7% of total headcount. Q3 2025 charges of $2.3M primarily for contract cancellations and care/maintenance costs. No specific employee count disclosed for Q3 activity. | ||
| 2025-09-30 | restructuring | completed | 2024-01-01 | 2024-06-30 | Global | Corporate and all segments | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | First Half 2024 Restructuring: Completed in H1 2024. Included severance costs for employees in Corporate and each business. No further costs expected. | |||
| 2025-09-30 | restructuring | in_progress | Asset Write-Offs [Member] / Second Half 2024 Restructuring [Member] | USD 2,142,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-09-30 | restructuring | in_progress | Severance And Employee Benefits [Member] / Second Half 2024 Restructuring [Member] | USD 5,398,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-09-30 | restructuring | in_progress | Contract Termination [Member] / Second Half 2024 Restructuring [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-09-30 | restructuring | in_progress | Other Restructuring [Member] / Second Half 2024 Restructuring [Member] | USD 9,137,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-09-30 | restructuring | in_progress | Second Half 2024 Restructuring [Member] | USD 16,677,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-06-30 | restructuring | in_progress | 2024-07 | Global (primarily Australia and China) | Primarily Energy Storage; severance recorded across Corporate and all segments | USD 4,284 (thousands) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Q2 2025 restructuring charges of $4,284K (severance $564K, contract cancellation $2,603K, other $747K, asset write-offs $370K). Program announced July 2024; a global workforce reduction impacted 6-7% of total headcount in H2 2024 (no absolute count disclosed). Chengdu, China plant placed into care and maintenance during H1 2025; Kemerton Train 2 also placed into care and maintenance. Company states no further material costs expected for this program. | |||
| 2025-06-30 | plant_closure | completed | 2024-07 | 2025-06-30 | Chengdu, China | Energy Storage | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Chengdu conversion plant placed into care and maintenance during H1 2025 as part of Second Half 2024 Restructuring. Production transferred to another processing facility in China. No employee count or separate charge disclosed. | |||
| 2025-06-30 | restructuring | in_progress | 2024-07-01 | Global | Energy Storage, Corporate | USD 4 (thousands) | restructuring_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Second Half 2024 Restructuring. Includes stopping construction of Kemerton Train 3, placing Kemerton Train 2 into care and maintenance, and placing Chengdu conversion plant into care and maintenance. Q2 2025 charges of $4.4 million primarily related to contract cancellation adjustments and costs to place assets into care and maintenance. Total program charges since inception include $726.0 million asset write-offs and $53.4 million severance. | |||
| 2025-06-30 | restructuring | completed | 2024-01-01 | 2024-06-30 | Global | Energy Storage, Corporate | USD 0 (thousands) | restructuring_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | First Half 2024 Restructuring. Included indefinite suspension of Kemerton Train 4 construction and severance costs. Program completed in H1 2024 with no further costs expected. | ||
| 2025-06-30 | restructuring | in_progress | 6.5% | 2024-07-01 | Global | Corporate and all segments | USD 53 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Second Half 2024 Restructuring: Global workforce reduction impacting 6-7% of total headcount. Since inception, recorded severance and employee benefits of $53.4 million. Q2 2025 charges included $0.6 million in severance. No further material costs expected. | ||
| 2025-06-30 | restructuring | in_progress | Asset Write-offs [Member] / Second Half 2024 Restructuring [Member] | USD 2,142,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-06-30 | restructuring | in_progress | Severance and Employee Benefits [Member] / Second Half 2024 Restructuring [Member] | USD 5,398,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-06-30 | restructuring | in_progress | Contract Termination [Member] / Second Half 2024 Restructuring [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-06-30 | restructuring | in_progress | Other Restructuring [Member] / Second Half 2024 Restructuring [Member] | USD 7,368,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-06-30 | restructuring | in_progress | Second Half 2024 Restructuring [Member] | USD 14,908,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-03-31 | plant_closure | announced | 2025-01-01 | 2025-06-30 | Chengdu, China | Energy Storage | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Decision announced in early 2025 to place the Chengdu conversion plant into care and maintenance by mid-2025; production transferred to another China facility. No employee count disclosed. | |||
| 2025-03-31 | plant_closure | in_progress | 2024-07-01 | 2025-12-31 | Western Australia | Energy Storage | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Kemerton Train 2 placed into care and maintenance and Train 3 construction stopped as part of Second Half 2024 Restructuring. Additional decommissioning costs of $20–25M expected for remainder of 2025. No employee count disclosed for this sub-component. | |||
| 2025-03-31 | restructuring | in_progress | 2024-07-01 | 2025-12-31 | Global | Corporate and all segments | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Second Half 2024 Restructuring included a global workforce reduction affecting 6–7% of total headcount (announced H2 2024, prior period). Q1 2025 severance charges of $5.4M recorded; restructuring liability of $41.7M at quarter-end. No specific employee count for Q1 2025 actions. | |||
| 2025-03-31 | restructuring | in_progress | 2024-07-01 | 2025-12-31 | Global | Energy Storage, Corporate | USD 1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Second Half 2024 Restructuring. Includes stopping construction of Kemerton Train 3, placing Kemerton Train 2 and Chengdu plant into care/maintenance. Global workforce reduction of 6-7% occurred in H2 2024. Q1 2025 charges were $1.1M (favorable adjustments). Expected additional decommissioning costs of $20-25M for remainder of 2025. | ||
| 2025-03-31 | restructuring | completed | 2024-01-01 | 2024-06-30 | Global | Energy Storage, Corporate | USD 0 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | First Half 2024 Restructuring. Suspended Kemerton Train 4 construction. Completed in H1 2024. No further costs expected. | ||
| 2025-03-31 | restructuring | in_progress | 2024-07-01 | 2025-12-31 | Global | Energy Storage, Corporate | USD 1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Second Half 2024 Restructuring. Includes stopping construction of Kemerton Train 3, placing Kemerton Train 2 and Chengdu plant into care/maintenance. Q1 2025 charges include $1.6M severance, $6.6M other costs, offset by favorable adjustments. Total charges since inception: $725.7M asset write-offs, $52.9M severance, $35.5M contract cancellation, $36.2M other. Expected additional decommissioning costs $20-25M for remainder of 2025. | ||
| 2025-03-31 | restructuring | in_progress | Asset Write-offs [Member] / Second Half 2024 Restructuring [Member] | USD 2,142,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-03-31 | restructuring | in_progress | Severance and Employee Benefits [Member] / Second Half 2024 Restructuring [Member] | USD 5,398,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-03-31 | restructuring | in_progress | Contract Termination [Member] / Second Half 2024 Restructuring [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-03-31 | restructuring | in_progress | Other Restructuring [Member] / Second Half 2024 Restructuring [Member] | USD 6,621,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-03-31 | restructuring | in_progress | Second Half 2024 Restructuring [Member] | USD 14,161,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-12-31 | reduction_in_force | in_progress | 2024-01 | 2025-12-31 | Global | Corporate and all segments | USD 70 (millions) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Global workforce reduction impacting 6-7% of total headcount (total workforce approximately 8,300 at year-end 2024), initiated under the January 2024 cost-optimization measures and implemented during the second half of 2024 in connection with the transition to a fully integrated functional operating model effective November 1, 2024. FY2024 severance and employee benefit charges of $70.1 million comprise $18.9 million under the First Half 2024 Restructuring plan and $51.3 million under the Second Half 2024 Restructuring plan (these amounts are also embedded in the plan-level charge totals reported separately below). Actions expected to be substantially completed in 2025. | ||
| 2024-12-31 | restructuring | completed | 2024-01 | 2024-06-30 | Global; Kemerton, Western Australia for capital project actions | Energy Storage (primarily); Corporate and all segments (severance) | USD 324 (millions) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | January 2024 measures to unlock near-term cash flow and re-phase organic growth investments. Kemerton Train 4 construction indefinitely suspended in Q2 2024 and spending deferred on certain other capital projects. FY2024 charges per Note 17: asset write-offs $280.6 million, severance and employee benefits $18.9 million, contract cancellation costs $24.9 million, other $5.4 million (plan total $329.7 million, including a $5.4 million loss in Other income, net from dedesignated cash flow hedges). No employee headcount disclosed; plan completed in H1 2024 with no further costs expected. | ||
| 2024-12-31 | restructuring | in_progress | 2024-07 | 2025-12-31 | Kemerton, Western Australia, Australia | Energy Storage (primarily); Corporate and all segments (severance) | USD 851 (millions) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | July 2024 comprehensive cost and operating structure review: stopped construction of Kemerton Train 3 and placed Kemerton Train 2 into care and maintenance (Train 1 continues to operate, focused on commercialization). FY2024 charges per Note 17: asset write-offs $732.9 million, severance and employee benefits $51.3 million, contract cancellation costs $37.4 million, other $29.6 million (plan total $851.1 million). Additional restructuring costs of $35-45 million expected in 2025, when actions are expected to be substantially completed. | ||
| 2024-12-31 | restructuring | completed | 2024-01-16 | 2024-06-30 | Global | Corporate and all segments | USD 330 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Indefinite suspension of Kemerton Train 4, deferral of other capital projects, and severance for Corporate and each business. Includes $280.6M asset write-offs, $18.9M severance, $24.9M contract cancellation. Plan completed in first half of 2024. | ||
| 2024-12-31 | restructuring | in_progress | 6.5% | 2024-07-15 | 2025-12-31 | Global | Energy Storage and Corporate (excluding Ketjen) | USD 851 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Global workforce reduction impacting 6-7% of total headcount; transition to fully integrated functional operating model effective 2024-11-01; Kemerton Train 3 construction stopped and Train 2 placed in care and maintenance. Includes $732.9M asset write-offs, $51.3M severance, $37.4M contract cancellation. Additional $35-45M expected in 2025. | |
| 2024-12-31 | restructuring | in_progress | 6.5% | 2024-07-01 | 2025-12-31 | Global | All segments (excluding Ketjen) | USD 1,134 (thousands) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Global workforce reduction impacting 6-7% of total headcount as part of transition to fully integrated functional model. Includes severance and asset write-offs. Additional costs of $35-45 million expected in 2025. | |
| 2024-12-31 | restructuring | in_progress | Asset Write-Offs [Member] / First Half 2024 Restructuring [Member] | USD 280,596,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2024-12-31 | restructuring | in_progress | Severance and Employee Benefits [Member] / First Half 2024 Restructuring [Member] | USD 19,365,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2024-12-31 | restructuring | in_progress | Contract Termination [Member] / First Half 2024 Restructuring [Member] | USD 34,510,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2024-12-31 | restructuring | in_progress | Other Restructuring [Member] / First Half 2024 Restructuring [Member] | USD 5,374,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2024-12-31 | restructuring | in_progress | First Half 2024 Restructuring [Member] | USD 339,845,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2024-12-31 | restructuring | in_progress | Asset Write-Offs [Member] / Second Half 2024 Restructuring [Member] | USD 785,005,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2024-12-31 | restructuring | in_progress | Severance and Employee Benefits [Member] / Second Half 2024 Restructuring [Member] | USD 51,264,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2024-12-31 | restructuring | in_progress | Contract Termination [Member] / Second Half 2024 Restructuring [Member] | USD 46,870,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2024-12-31 | restructuring | in_progress | Other Restructuring [Member] / Second Half 2024 Restructuring [Member] | USD 28,883,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2024-12-31 | restructuring | in_progress | Second Half 2024 Restructuring [Member] | USD 912,022,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2024-09-30 | restructuring | in_progress | 2024-07 | 2025-06-30 | Australia (Western Australia) | Energy Storage | USD 859,046 (thousands) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Kemerton Train 3 construction stopped and Train 2 placed in care and maintenance; charge is program-to-date total, of which severance and employee benefits were $7,988 thousand; no employee count disclosed; actions to be substantially completed in first half of 2025. | ||
| 2024-09-30 | restructuring | completed | 2024-01 | 2024-06-30 | Global | Corporate and all segments; asset write-offs primarily Energy Storage | USD 335,568 (thousands) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | January 2024 cost and cash-flow measures: indefinite suspension of Kemerton Train 4, deferral of other capital projects, severance; plan stated as completed in first half of 2024; no employee count disclosed. | ||
| 2024-09-30 | restructuring | announced | 2024-10-07 | 2025-06-30 | Global | All segments except Ketjen; primarily non-manufacturing roles | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Transition to fully integrated functional model with workforce reduction of 6% to 7% of global employees (percent range not expressible as single value); expected Q4 2024 severance charges of $30 million to $50 million plus $25 million to $30 million other restructuring costs; also referenced in Note 9. | |||
| 2024-09-30 | restructuring | in_progress | 2024-07-01 | 2025-06-30 | Global | Energy Storage | USD 826 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Second Half 2024 Restructuring: Stop construction of Kemerton Train 3; place Train 2 in care/maintenance. Charges include asset write-offs, contract cancellations, severance, and decommissioning costs. | ||
| 2024-09-30 | restructuring | completed | 2024-01-01 | 2024-06-30 | Global | Corporate and All Segments | USD 330 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | First Half 2024 Restructuring: Suspended Kemerton Train 4 construction; deferred other capital projects. Includes asset write-offs, contract cancellations, and severance. | ||
| 2024-09-30 | restructuring | announced | 6.5% | 2024-10-07 | 2025-06-30 | Global | All Segments (excluding Ketjen) | USD 40 (millions) | subsequent_events f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | New operating structure effective Nov 1, 2024 transitioning to fully integrated functional model. Workforce reduction of 6% to 7% of global employees, primarily non-manufacturing. Expected Q4 2024 charges of $30M-$50M for severance/benefits and $25M-$30M for other restructuring costs. | |
| 2024-09-30 | restructuring | in_progress | 2024-07-01 | 2025-06-30 | Global | Energy Storage | USD 826 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Second Half 2024 Restructuring: Stopped construction of Kemerton Train 3 and placed Train 2 into care and maintenance. Charges include asset write-offs, contract cancellation, severance, and decommissioning costs. Actions substantially completed in first half of 2025. | ||
| 2024-09-30 | restructuring | completed | 2024-01-01 | 2024-06-30 | Global | Corporate and all segments | USD 330 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | First Half 2024 Restructuring: Suspended construction of Kemerton Train 4 and deferred other capital projects. Included severance costs for employees in Corporate and each business. Completed in first half of 2024. | ||
| 2024-09-30 | restructuring | announced | 6.5% | 2024-10-07 | 2025-06-30 | Global | All segments (excluding Ketjen) | USD 38 (millions) | subsequent_events f5-10q / Qwen3.6-27B-Q8_0 | New operating structure effective Nov 1, 2024 transitioning to fully integrated functional model. Workforce reduction of 6% to 7% of global employees, primarily in non-manufacturing roles. Expected cash charges of $30M-$50M for severance and $25M-$30M for other restructuring costs in Q4 2024. | |
| 2024-09-30 | restructuring | in_progress | Asset Write-offs [Member] / First Half 2024 Restructuring [Member] | USD 280,596,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-09-30 | restructuring | in_progress | Severance and Employee Benefits [Member] / First Half 2024 Restructuring [Member] | USD 19,365,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-09-30 | restructuring | in_progress | Contract Termination [Member] / First Half 2024 Restructuring [Member] | USD 33,481,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-09-30 | restructuring | in_progress | Other Restructuring [Member] / First Half 2024 Restructuring [Member] | USD 5,374,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-09-30 | restructuring | in_progress | First Half 2024 Restructuring [Member] | USD 338,816,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-09-30 | restructuring | in_progress | Asset Write-offs [Member] / Second Half 2024 Restructuring [Member] | USD 785,005,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-09-30 | restructuring | in_progress | Severance and Employee Benefits [Member] / Second Half 2024 Restructuring [Member] | USD 7,988,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-09-30 | restructuring | in_progress | Contract Termination [Member] / Second Half 2024 Restructuring [Member] | USD 42,456,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-09-30 | restructuring | in_progress | Other Restructuring [Member] / Second Half 2024 Restructuring [Member] | USD 23,597,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-09-30 | restructuring | in_progress | Second Half 2024 Restructuring [Member] | USD 859,046,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-06-30 | restructuring | in_progress | 2024-01 | 2024-12-31 | Global | Corporate and each of the businesses | USD 19 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Severance of $18.9M recorded YTD through 2024-06-30 ($2.5M in Q2 2024), primarily paid with remainder expected in 2024; no employee count disclosed. Same program also drove a $309.5M YTD capital project asset write-off (incl. $292.3M in Q2) from indefinite suspension of Kemerton Train 4 and deferred projects. | ||
| 2024-06-30 | restructuring | announced | 2024-07 | 2024-12-31 | Australia (Western Australia) | Energy Storage — Kemerton conversion plant, Trains 2 and 3 | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | July 2024 announcement to stop construction of Kemerton Train 3 and place Train 2 into care and maintenance; expected Q3 2024 charge of approximately $0.9 billion to $1.1 billion, of which $725M–$800M is the Train 3 asset write-off less salvage, remainder for contract cancellation, severance, decommissioning and demolition. No employee count disclosed; actions expected substantially complete in 2024. Also disclosed in Part II, Item 5. | |||
| 2024-06-30 | restructuring | in_progress | 2024-01-01 | 2024-12-31 | Global | Corporate and all businesses | USD 19 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Severance costs recorded for employees in Corporate and each of the businesses. Primarily paid, with remainder expected to be paid in 2024. | ||
| 2024-06-30 | restructuring | announced | 2024-07-01 | 2024-12-31 | Australia | Energy Storage | USD 900 (millions) | subsequent_events f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Subsequent event: Company concluded to stop construction of Kemerton Train 3 and put Train 2 into care and maintenance. Charge range $0.9B to $1.1B includes write-off of carrying value less salvage, contract cancellation, severance, decommissioning, demolition and other costs. | ||
| 2024-06-30 | restructuring | in_progress | 2024-01-01 | 2024-12-31 | Global | Corporate and all businesses | USD 3 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Severance costs recorded in Q2 2024 for employees in Corporate and each business as part of cost structure optimization. | ||
| 2024-06-30 | restructuring | in_progress | 2024-01-01 | 2024-12-31 | Global | Corporate and all businesses | USD 19 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Cumulative YTD severance costs recorded in SG&A for employees in Corporate and each business. | ||
| 2024-06-30 | restructuring | announced | 2024-07-01 | 2024-12-31 | Western Australia | Energy Storage (Kemerton) | USD 900 (millions) | subsequent_events f5-10q / Qwen3.6-27B-Q8_0 | Announced stop of Kemerton Train 3 construction and care/maintenance of Train 2. Charge range $0.9B-$1.1B includes asset write-offs, contract cancellation, severance, and decommissioning. | ||
| 2024-03-31 | restructuring | in_progress | 2024-01-01 | Global | Corporate and all business segments | USD 36 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | January 2024 program to re-phase growth investments and optimize cost structure, targeting ~$95M annual cost reduction including headcount reduction and lower contracted services spend. Q1 charge of $36.3M ($33.5M in SG&A, $2.8M in Other income, net), including $16.3M severance. Severance primarily paid; remainder expected in 2024. No employee count disclosed. | |||
| 2024-03-31 | restructuring | in_progress | 2024-01-01 | 2024-12-31 | Global | Corporate and all segments | USD 36 (millions) | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Company announced measures to unlock near term cash flow by re-phasing organic growth investments and optimizing cost structure. Includes severance costs for employees in Corporate and each business, and losses related to cancellation of certain capital expenditure projects. $33.5 million recorded in SG&A and $2.8 million in Other income, net. Severance primarily paid, remainder expected in 2024. | ||
| 2024-03-31 | restructuring | in_progress | 2024-01-01 | 2024-12-31 | Global | Corporate and all business segments | USD 36 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Announced in January 2024 to unlock near-term cash flow. Includes severance costs and losses from cancellation of capital projects. $33.5M recorded in SG&A and $2.8M in Other income, net. Severance primarily paid, remainder expected in 2024. Employee count not disclosed. | ||
| 2023-12-31 | restructuring | announced | 2024-01 | Primarily SG&A-related functions (cost-structure optimization) | USD 20 (millions) | subsequent_events f5-10k / GLM-5.3-flash-HTML | Announced January 2024 as part of a cost-structure optimization targeting approximately $95 million in annual cost reductions, including a headcount reduction and lower spending on contracted services. Severance and outplacement charge disclosed as a range of approximately $15 million to $20 million, expected to be recorded in Q1 2024 with payments primarily during 2024. Number of employees affected not disclosed. | ||||
| 2023-12-31 | other | completed | Corporate and Ketjen | USD 10 (millions) | other f5-10k / GLM-5.3-flash-HTML | Separation and other severance costs recorded in SG&A during FY2023 for employees in Corporate and the Ketjen business; primarily expected to be paid out during 2023. Nature (voluntary vs. involuntary) and headcount not disclosed. | |||||
| 2023-12-31 | restructuring | announced | 2024-01 | Global | Corporate and SG&A functions | USD 18 (millions) | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Announced after fiscal year-end; headcount reduction with severance charge estimated at $15M to $20M expected in Q1 2024; payments primarily during 2024; specific employee count not disclosed | |||
| 2023-12-31 | restructuring | announced | 2024-01 | Global | Corporate and Ketjen | USD 18 (millions) | subsequent_events f5-10k / Qwen3.6-27B-Q8_0 | Announced in Jan 2024 to optimize cost structure, aiming to reduce costs by approx $95M annually. Includes headcount reduction and lower spending on contracted services. Expected charge of $15M-$20M for severance and outplacement costs in Q1 2024. | |||
| 2023-09-30 | restructuring | in_progress | Global | Corporate and Ketjen | USD 9 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Nine-month 2023 separation and other severance costs, primarily expected to be paid out during 2023; no employee count disclosed. | ||||
| 2023-09-30 | plant_closure | in_progress | Germany | Corporate and Ketjen (offices) | USD 2 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Nine-month 2023 facility closure expenses related to offices in Germany; no employee count or closure dates disclosed. | ||||
| 2023-09-30 | restructuring | completed | 2023-07-01 | Global | Corporate and Ketjen | USD 2 (millions) | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Separation and other severance costs to employees in Corporate and the Ketjen business. | |||
| 2023-09-30 | plant_closure | completed | 2023-07-01 | Germany | Corporate | USD 1 (millions) | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Facility closure expenses related to offices in Germany. | |||
| 2023-09-30 | restructuring | in_progress | 2023-07-01 | 2023-12-31 | Corporate and Ketjen | Corporate and Ketjen | USD 2 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Separation and other severance costs to employees in Corporate and the Ketjen business, primarily expected to be paid out during 2023. | ||
| 2023-09-30 | restructuring | in_progress | 2023-01-01 | 2023-12-31 | Corporate and Ketjen | Corporate and Ketjen | USD 9 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | YTD separation and other severance costs to employees in Corporate and the Ketjen business, primarily expected to be paid out during 2023. | ||
| 2023-09-30 | plant_closure | completed | 2023-07-01 | 2023-09-30 | Germany | Other | USD 1 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Facility closure expenses related to offices in Germany. | ||
| 2023-09-30 | plant_closure | completed | 2023-01-01 | 2023-09-30 | Germany | Other | USD 2 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | YTD facility closure expenses related to offices in Germany. | ||
| 2023-06-30 | restructuring | in_progress | Germany | Ketjen | USD 7 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Severance costs in the Ketjen business, primarily expected to be paid out during 2023; no employee count or announcement date disclosed. | ||||
| 2023-06-30 | plant_closure | in_progress | Germany | Corporate / Ketjen | USD 1 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Facility closure expenses related to offices in Germany; no employee count disclosed. | ||||
| 2023-06-30 | restructuring | in_progress | 2023-04-01 | 2023-12-31 | Netherlands | Ketjen | USD 7 (millions) | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Severance costs in Ketjen business primarily expected to be paid out during 2023. Employee count not disclosed. | ||
| 2023-06-30 | plant_closure | completed | 2023-04-01 | 2023-06-30 | Germany | Corporate | USD 1 (millions) | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Facility closure expenses related to offices in Germany. Employee count not disclosed. | ||
| 2023-06-30 | restructuring | in_progress | 2023-04-01 | 2023-12-31 | Germany | Ketjen | USD 7 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Severance costs in the Ketjen business primarily expected to be paid out during 2023. | ||
| 2023-06-30 | plant_closure | completed | 2023-04-01 | 2023-06-30 | Germany | Corporate | USD 1 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Facility closure expenses related to offices in Germany. | ||
| 2022-12-31 | acquisition_addition | completed | 2022-10-25 | 2022-10-25 | China (Guangxi, Port of Qinzhou) | Lithium | USD 200 (millions) | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Acquired all outstanding equity for approximately $200 million cash, including about $29 million deferred in installments within a year of closing. Headcount added through the acquisition is not disclosed. Also described in Item 1 and MD&A. | ||
| 2022-12-31 | restructuring | completed | 2022-08 | 2023-03-31 | Global | Lithium; Bromine; Catalysts | Item_1_Business f5-10k / GLM-5.3-flash-HTML | Organizational realignment of the Lithium and Bromine global business units into a new corporate structure (resulting segments: Energy Storage; Specialties; Ketjen), with Catalysts retained as a separate wholly-owned subsidiary renamed Ketjen. Effective January 1, 2023; filing states completion in Q1 2023. No headcount reductions or charges disclosed. | |||
| 2022-12-31 | plant_closure | completed | Germany | Corporate (SG&A) | USD 4 (millions) | other f5-10k / GLM-5.3-flash-HTML | Facility closure expenses for offices in Germany recorded in SG&A during fiscal 2022; follows related 2021 facility closure and severance costs in Germany and Belgium. Employees affected not disclosed. | ||||
| 2022-09-30 | restructuring | in_progress | 2022-08-01 | 2023-03-31 | Global | Lithium, Bromine, Catalysts | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Company announced realignment of Lithium and Bromine global business units into a new corporate structure and decision to retain Catalysts business under a separate subsidiary. Realignment expected to be completed in Q1 2023. No specific employee count or charge disclosed. | |||
| 2022-09-30 | restructuring | in_progress | 2022-08-01 | 2023-03-31 | Global | Lithium, Bromine, Catalysts | USD 5 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Company announced plans to realign Lithium and Bromine global business units into a new corporate structure and retain Catalysts under a separate subsidiary. Realignment expected to be completed in Q1 2023. Q3 2022 included $1.9 million in one-time retention payments and $1.3 million in facility closure expenses for offices in Germany. | ||
| 2022-06-30 | restructuring | completed | Germany | Corporate / All Other | USD 1 (millions) | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Facility closure expenses of offices in Germany recorded in Q2 2022. | ||||
| 2022-06-30 | restructuring | completed | Germany | Corporate / SG&A | USD 1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Facility closure expenses of offices in Germany recorded in SG&A for the three months ended June 30, 2022. | ||||
| 2022-06-30 | restructuring | completed | Germany | Corporate / SG&A | USD 1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Facility closure expenses of offices in Germany recorded in SG&A for the six months ended June 30, 2022. | ||||
| 2021-12-31 | restructuring | completed | Germany and Belgium | Corporate | USD 3,027 (thousands) | other f5-10k / GLM-5.3-flash-HTML | 2021 charges comprised a facility closure of offices in Germany plus severance expenses in Germany and Belgium, recorded in SG&A; unpaid restructuring costs and severance recorded in Accrued expenses and expected to be primarily paid through 2022. | ||||
| 2021-12-31 | divestiture_reduction | completed | United States | Fine Chemistry Services (reported in All Other segment) | other f5-10k / GLM-5.3-flash-HTML | FCS business sold to W. R. Grace & Co. on June 1, 2021 for approximately $570 million, including manufacturing facilities in South Haven, Michigan and Tyrone, Pennsylvania; employee count transferred not disclosed. | |||||
| 2021-12-31 | acquisition_addition | announced | 2021-09-30 | China (Guangxi) | Lithium | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Definitive agreement to acquire Guangxi Tianyuan New Energy Materials Co., Ltd. for approximately $200 million in cash; expected to close in the first half of 2022; includes a lithium processing plant near the Port of Qinzhou; employee count not disclosed. | ||||
| 2021-12-31 | divestiture_reduction | completed | 2021-06-01 | 2021-06-01 | United States | Fine Chemistry Services (All Other) | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of the FCS business to W. R. Grace & Co. completed June 1, 2021; included manufacturing facilities in South Haven, Michigan and Tyrone, Pennsylvania. Headcount transferred not disclosed. | |||
| 2021-12-31 | restructuring | completed | Germany; Belgium | Corporate / offices | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | During 2021 the company recorded facility closure related to offices in Germany and severance expenses in Germany and Belgium within SG&A. Amounts and employee counts not separately quantified; unpaid balance expected to be paid primarily through 2022. | |||||
| 2021-12-31 | acquisition_addition | announced | 2021-09-30 | 2022-06-30 | China | Lithium | USD 200 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Definitive agreement to acquire Guangxi Tianyuan New Energy Materials for approximately $200 million cash; expected to close in the first half of 2022. Headcount to be added not disclosed. | ||
| 2021-12-31 | restructuring | completed | 2021-12-31 | 2022-12-31 | Germany, Belgium | Corporate | USD 1 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Facility closure related to offices in Germany, and severance expenses in Germany and Belgium. Total restructuring and other expenses were $3.0 million, with $0.7 million in COGS and $19.2 million in SG&A mentioned for 2020, but 2021 specific breakdown notes facility closure and severance. The text states 'In 2021, we recorded facility closure related to offices in Germany, and severance expenses in Germany and Belgium, in SG&A.' It does not give a specific headcount for 2021 actions, only that the balance is expected to be paid through 2022. | ||
| 2021-09-30 | restructuring | in_progress | Germany; Belgium | Corporate offices | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | 2021 facility closure of offices in Germany and severance expenses in Germany and Belgium recorded in SG&A; no employee counts or charge amounts disclosed. | |||||
| 2021-09-30 | divestiture_reduction | completed | 2021-06-01 | 2021-06-01 | United States | Fine Chemistry Services (All Other) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of FCS business to W. R. Grace completed 2021-06-01; headcount removed not disclosed. | |||
| 2021-09-30 | acquisition_addition | announced | 2021-09-30 | 2022-03-31 | China (Guangxi) | Lithium | USD 200 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Definitive agreement to acquire Guangxi Tianyuan for ~$200M cash; headcount added not disclosed. Expected close early 2022. | ||
| 2021-09-30 | restructuring | completed | Germany and Belgium | Corporate and All Other | USD 1 (millions) | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Q3 2021 restructuring charges of $0.8 million recorded in Corporate SG&A for facility closure and severance in Germany and Belgium. | ||||
| 2021-09-30 | restructuring | completed | Global | Corporate and All Other | USD 2 (millions) | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | YTD 2021 restructuring charges of $2.3 million recorded in Corporate SG&A for facility closure and severance in Germany and Belgium. | ||||
| 2021-09-30 | restructuring | in_progress | 2021-12-31 | Germany, Belgium | Corporate / All Segments | USD 1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Q3 2021 charges of $0.8M for facility closure in Germany and severance in Germany and Belgium. Balance expected to be paid through 2021. | |||
| 2021-09-30 | restructuring | in_progress | 2021-12-31 | United States, Germany, Jordan | Corporate / All Segments | USD 2 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | YTD 2021 charges of $2.3M for facility closure in Germany and severance in Germany and Belgium. Balance expected to be paid through 2021. | |||
| 2021-06-30 | restructuring | in_progress | Germany; Belgium | Corporate offices | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | 2021 charges for closure of offices in Germany plus severance in Germany and Belgium, recorded in SG&A; no employee counts or charge amounts disclosed. Unpaid severance balance sits in Accrued expenses, expected to be paid primarily through 2021. | |||||
| 2021-06-30 | divestiture_reduction | completed | 2021-06-01 | United States (Tyrone, PA; South Haven, MI) | Fine Chemistry Services (All Other) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of FCS business to W. R. Grace completed 2021-06-01; no headcount transferred or retained disclosed. Business not treated as discontinued operations. | ||||
| 2021-06-30 | restructuring | in_progress | 2021-12-31 | Germany and Belgium | Corporate / All Other | USD 1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Q2 2021 included facility closure costs related to offices in Germany and severance expenses in Germany and Belgium. Total Q2 charge was $0.8 million; balance expected to be paid through 2021. | |||
| 2021-06-30 | restructuring | in_progress | 2021-12-31 | United States, Germany, Jordan | All Segments and Corporate | USD 2 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | YTD 2021 restructuring charges of $1.5 million recorded in Corporate/All Other. Includes facility closures and severance. Balance expected to be paid through 2021. | |||
| 2021-06-30 | restructuring | completed | Germany, Belgium | Corporate | USD 1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Facility closure related to offices in Germany and severance expenses in Germany and Belgium recorded in Q2 2021. | ||||
| 2021-06-30 | restructuring | completed | Germany, Belgium | Corporate | USD 2 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | YTD 2021 restructuring charges for facility closure in Germany and severance in Germany and Belgium. | ||||
| 2021-06-30 | divestiture_reduction | completed | 2021-06-01 | 2021-06-01 | United States | All Other (FCS) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Sale of Fine Chemistry Services (FCS) business to W. R. Grace & Co. on June 1, 2021. Employee count not disclosed. | |||
| 2021-03-31 | restructuring | completed | United States, Germany, Jordan | All segments and Corporate | USD 1 (millions) | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Severance expenses recorded in Q1 2020 as part of business reorganization plans. $0.7M in Cost of goods sold, $1.5M in SG&A. Balance unpaid expected to be paid through 2021. | ||||
| 2021-03-31 | divestiture_reduction | announced | 2021-02-25 | 2021-06-30 | United States | Fine Chemistry Services (FCS) | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Signed definitive agreement to sell FCS business to W. R. Grace & Co. for ~$570M. Sale expected to close in Q2 2021. | |||
| 2021-03-31 | restructuring | completed | United States, Germany, Jordan | Corporate and all segments | USD 3 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Severance expenses recorded as part of business reorganization plans. Includes $0.7M in COGS, $1.5M in SG&A, and $0.3M gain allocated to Jordanian joint venture partner. | ||||
| 2020-12-31 | restructuring | completed | Primarily the U.S., Belgium and Germany, plus the Jordanian joint venture (JBC) | All reportable segments and Corporate (Lithium, Bromine Specialties, Catalysts, All Other, Corporate) | USD 20 (millions) | MD&A f5-10k / GLM-5.3-flash-HTML | Severance expenses recorded in 2020 under business reorganization plans: $0.7M in cost of goods sold and $19.2M in SG&A, less a $0.3M gain allocated to the Jordanian JV partner (net $19.6M charge). Headcount affected not disclosed; unpaid severance accrued and primarily expected to be paid through 2021. | ||||
| 2020-12-31 | other | completed | 2020 | Lithium | MD&A f5-10k / GLM-5.3-flash-HTML | Temporary idling of certain plants announced in Q3 2020; facilities have since been restarted. No workforce impact quantified; classified as 'other' because idling is not a permanent closure. | |||||
| 2020-12-31 | restructuring | in_progress | 2021-12-31 | United States, Belgium, Germany, Jordan | All segments and Corporate | USD 20 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | 2020 severance expenses of $0.7M in cost of goods sold and $19.2M in SG&A, less a $0.3M gain in noncontrolling interests for the Jordanian JV share; unpaid balance primarily payable through 2021. Headcount affected not disclosed. | |||
| 2020-12-31 | divestiture_reduction | announced | Performance Catalyst Solutions (PCS) and Fine Chemistry Services (FCS) | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | Company states it is pursuing divestiture opportunities for PCS and its FCS business; no transaction announced and no headcount impact disclosed. | ||||||
| 2020-12-31 | restructuring | completed | 2020-01-01 | 2021-12-31 | Global | All segments and Corporate | USD 20 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Severance expenses recorded as part of business reorganization plans. $0.7M in COGS, $19.2M in SG&A. Primarily in U.S., Belgium, Germany, and Jordanian joint venture. Balance expected to be paid through 2021. | ||
| 2020-09-30 | restructuring | in_progress | United States, Germany, Jordan | All segments and Corporate | USD 11 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Business reorganization plans recorded $0.7M in COGS and $10.4M in SG&A for nine months ended 2020-09-30, plus a $0.3M gain allocated to noncontrolling interests; unpaid severance in Accrued expenses, expected paid primarily through 2021. No employee count disclosed. | ||||
| 2020-09-30 | restructuring | in_progress | United States, Germany, Jordan | All segments and Corporate | USD 2 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Q3 2020 severance expense of $2.3M recorded in SG&A; unpaid balance expected paid primarily through Q1 2021. No employee count disclosed. | ||||
| 2020-09-30 | restructuring | in_progress | 2021-03-31 | United States, Germany, Jordan | All segments and Corporate | USD 2 (millions) | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Q3 2020 severance expenses recorded as part of business reorganization plans. Unpaid balance expected to be paid through Q1 2021. | |||
| 2020-09-30 | restructuring | in_progress | 2021-12-31 | United States, Germany, Jordan | All segments and Corporate | USD 11 (millions) | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | YTD 2020 severance expenses recorded as part of business reorganization plans. Includes $0.7M COGS, $10.4M SG&A, and $0.3M gain allocated to JV partner. Unpaid balance expected to be paid through 2021. | |||
| 2020-09-30 | restructuring | in_progress | 2021-12-31 | United States, Germany, Jordan | All segments and Corporate | USD 2 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Q3 2020 severance expense of $2.3 million recorded in SG&A as part of business reorganization plans. Unpaid balance expected to be paid primarily through 2021. | |||
| 2020-09-30 | restructuring | in_progress | 2021-12-31 | United States, Germany, Jordan | All segments and Corporate | USD 11 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | YTD 2020 total severance expenses of $11.1 million ($0.7M in COGS, $10.4M in SG&A). Includes $0.3M gain allocated to Jordanian joint venture partner. Unpaid balance expected to be paid primarily through 2021. | |||
| 2020-06-30 | restructuring | in_progress | 2021-03-31 | Germany | Lithium | USD 7 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Severance expenses for business reorganization in Lithium (Germany) and Bromine Specialties; $6.7M recorded in Q2 2020 SG&A. No employee count disclosed. Unpaid balance in Accrued expenses, expected paid through Q1 2021. | |||
| 2020-06-30 | restructuring | in_progress | 2021-03-31 | Germany | Lithium; Bromine Specialties | USD 9 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | YTD 2020 restructuring severance: $0.7M in COGS, $8.2M in SG&A, offset by $0.3M gain in NCI. Covers Lithium (Germany) and Bromine Specialties. No employee count disclosed. | |||
| 2020-06-30 | restructuring | in_progress | 2021-03-31 | Germany | Lithium | USD 7 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Severance expenses as part of a business reorganization plan. Balance of unpaid severance expected to be paid primarily through Q1 2021. | |||
| 2020-06-30 | restructuring | in_progress | 2021-03-31 | Jordan | Bromine Specialties | USD 0 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Portion of severance expense allocated to Jordanian joint venture partner. | |||
| 2020-03-31 | restructuring | in_progress | Global | Corporate / multiple segments | USD 2 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Severance under a business reorganization plan: $0.7M in COGS and $1.5M in SG&A, partly offset by a $0.3M gain in noncontrolling interests for the Jordanian JV partner's share. No employee count or completion date disclosed. | ||||
| 2020-03-31 | other | announced | 2020-04-20 | 2020-06-30 | United States | Executive leadership | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Chairman/CEO Luke Kissam announced retirement effective June 2020 for health reasons; J. Kent Masters elected Chairman, President and CEO effective 2020-04-20. Executive transition, not a headcount reduction. | |||
| 2020-03-31 | restructuring | completed | USD 2 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Severance payments as part of a business reorganization plan; employee count not disclosed. | ||||||
| 2019-12-31 | restructuring | in_progress | Corporate (recorded in Selling, general and administrative expenses) | USD 6 (millions) | MD&A f5-10k / GLM-5.3-flash-HTML | Severance payments under a business reorganization plan recorded in SG&A during 2019. Affected headcount and completion timing not disclosed. Plan also generated severance charges in 2018 (prior year, not extracted). | |||||
| 2019-12-31 | acquisition_addition | completed | Australia (Western Australia) | Lithium | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Acquisition of 60% interest in MRL's Wodgina hard rock lithium mine completed October 31, 2019; MARBL Lithium Joint Venture formed. Headcount added through the acquisition not disclosed. Spodumene production idled pending market demand, so no near-term operating workforce ramp. | |||||
| 2019-12-31 | divestiture_reduction | announced | 2019 | 2020 | Catalysts — Performance Catalyst Solutions (PCS) | MD&A f5-10k / GLM-5.3-flash-HTML | Company announced in 2019 it is pursuing divestiture of the PCS business (organometallics and curatives), expected to be completed in 2020. Headcount impact not disclosed. Polyolefin catalysts portion was divested in April 2018 (prior-year event, excluded). | ||||
| 2019-12-31 | divestiture_reduction | announced | 2019 | 2020 | All Other — Fine Chemistry Services | MD&A f5-10k / GLM-5.3-flash-HTML | Company announced in 2019 it is pursuing divestiture of the fine chemistry services business, expected to be completed in 2020. Headcount impact not disclosed. | ||||
| 2019-12-31 | restructuring | in_progress | Global | Corporate / business reorganization plan | USD 6 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Severance payments under a business reorganization plan recorded in SG&A during FY2019; headcount affected and completion timeline not disclosed | ||||
| 2019-12-31 | acquisition_addition | completed | 2019-10-31 | 2019-10-31 | Australia | Lithium | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of 60% interest in MRL's Wodgina Project forming MARBL Lithium Joint Venture; headcount added not disclosed; spodumene production idled pending market demand | |||
| 2019-12-31 | restructuring | announced | 2019-12-31 | 2021-12-31 | Global | Company-wide | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Cost-reduction program announced during 2019 targeting over $100 million of run-rate savings by end of 2021; headcount impact not disclosed; announcement date not specified | |||
| 2019-12-31 | divestiture_reduction | announced | 2019-12-31 | 2020-12-31 | Global | Catalysts (PCS) and All Other (fine chemistry services) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Company began pursuing divestiture of PCS and fine chemistry services businesses during 2019, with expectation each completes in 2020; headcount to be removed not disclosed | |||
| 2019-12-31 | other | announced | 2020-02-05 | 2020-06-30 | United States | Executive leadership | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | Chairman and CEO Luke Kissam advised the Board he will retire as officer and director effective June 2020 for health reasons; Board conducting comprehensive CEO search | |||
| 2019-12-31 | restructuring | completed | 2019-01-01 | 2019-12-31 | Global | Corporate | USD 6 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Severance payments as part of a business reorganization plan recorded in Selling, general and administrative expenses. | ||
| 2019-09-30 | restructuring | in_progress | 2019-12-31 | USD 5 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Business reorganization plan; expected 2019 severance payments of $5.3M, unpaid balance in Accrued expenses at 2019-09-30. No employee count, geography, or segment disclosed. Also referenced in MD&A SG&A discussion; extracted once from footnote. | |||||
| 2019-09-30 | restructuring | in_progress | Corporate | USD 5 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Expected severance payments as part of a business reorganization plan recorded in Selling, general and administrative expenses. | |||||
| 2019-06-30 | restructuring | in_progress | USD 5 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Severance payments of $4.8M recorded in Q2 2019 SG&A as part of a business reorganization plan; unpaid balance in Accrued expenses at 2019-06-30. No employee count disclosed. | ||||||
| 2019-06-30 | restructuring | in_progress | USD 5 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | YTD 2019 severance payments of $5.3M for the same business reorganization plan; unpaid balance in Accrued expenses at 2019-06-30. No employee count disclosed. | ||||||
| 2019-06-30 | restructuring | in_progress | 2019-12-31 | Corporate | USD 5 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Expected severance payments to be made in 2019 as part of a business reorganization plan. | ||||
| 2019-03-31 | restructuring | in_progress | USD 1 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Expected severance payments under a business reorganization plan recorded in SG&A; unpaid balance in Accrued expenses at 2019-03-31. No employee count, geography, or timing disclosed. | ||||||
| 2019-03-31 | restructuring | in_progress | Global | Corporate / All Segments | USD 1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Expected severance payments as part of a business reorganization plan. | ||||
| 2018-12-31 | restructuring | in_progress | 2017 | 2019 | Several locations; primarily Germany (Lithium sites) | All reportable segments; primarily Lithium | USD 4 (millions) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Cost-reduction program initiated in 2017 with $17.0M of 2017 charges ($2.9M COGS, $8.4M SG&A, $5.7M R&D). FY2018 severance charges of $0.1M (COGS) and $3.7M (SG&A) were paid during 2018. Unpaid balance in Accrued expenses at 2018-12-31, expected to be paid by end of 2019. Number of employees affected not disclosed. | ||
| 2018-12-31 | divestiture_reduction | completed | 2017-12-14 | 2018-04-03 | United States (Baton Rouge, Louisiana) and South Korea (Yeosu) | Catalysts — polyolefin catalysts and components portion of Performance Catalyst Solutions (PCS) | other f5-10k / GLM-5.3-flash-HTML | Sale to W.R. Grace & Co. closed 2018-04-03 with net cash proceeds of $413.6M and a pre-tax gain of $210.4M; included the Baton Rouge product development center and Yeosu site operations. The filing does not disclose the number of employees affected or transferred. | |||
| 2018-12-31 | restructuring | completed | 2018-12-31 | Not disclosed | Not disclosed | USD 4 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | FY2018 severance payments under a business reorganization plan ($0.1M in cost of goods sold, $3.7M in SG&A); payments made during the year. Employees affected not disclosed. | |||
| 2018-12-31 | restructuring | in_progress | 2019-12-31 | Primarily Germany | Primarily Lithium segment | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Multi-year cost-reduction program initiated in 2017 across several locations; only the remaining unpaid severance balance (paid or expected to be paid by end of 2019) falls within FY2018. Employees affected not disclosed; FY2017 charge of $17.1M not extracted. | ||||
| 2018-12-31 | divestiture_reduction | completed | 2017-12-14 | 2018-04-03 | United States (Baton Rouge, Louisiana) and South Korea (Yeosu) | Catalysts — Performance Catalyst Solutions (polyolefin catalysts and components) | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | Polyolefin Catalysts Divestiture to W.R. Grace & Co. closed 2018-04-03 for net cash proceeds of $413.6M; headcount transferred with the business not disclosed. | |||
| 2018-12-31 | restructuring | completed | 2018-01-01 | 2019-12-31 | Global | Various | USD 4 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Expected severance payments as part of a business reorganization plan. $0.1 million in COGS and $3.7 million in SG&A. Payments made during 2018. | ||
| 2018-09-30 | restructuring | in_progress | 2018-12-31 | USD 4 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Severance payments under a business reorganization plan recorded in SG&A; unpaid balance in Accrued expenses at 2018-09-30, expected paid by end of 2018. Employee count not disclosed. | |||||
| 2018-09-30 | divestiture_reduction | completed | 2017-12-14 | 2018-04-03 | United States; South Korea | Catalysts — Polyolefin Catalysts (Performance Catalyst Solutions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of polyolefin catalysts and components portion of PCS business to W.R. Grace & Co., closed 2018-04-03, net cash proceeds ~$413.5M. Headcount impact not disclosed. | |||
| 2018-09-30 | restructuring | in_progress | 2018-12-31 | USD 4 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Expected severance payments as part of a business reorganization plan. Unpaid balance recorded in Accrued expenses. | |||||
| 2018-06-30 | restructuring | in_progress | 2018-12-31 | Germany | Lithium | USD 4 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Restructuring initiated in 2017 to reduce costs at Lithium sites in Germany. $4.2 million recorded in SG&A for Q2 2018. Majority of plans expected to be completed by end of 2018. | |||
| 2018-06-30 | divestiture_reduction | completed | 2017-12-14 | 2018-04-03 | United States, South Korea | Catalysts | divestitures_footnote f5-10q / Qwen3.6-27B-Q8_0 | Sale of polyolefin catalysts and components portion of PCS business to W.R. Grace & Co. closed April 3, 2018. Includes Product Development Center in Baton Rouge, LA and operations in Yeosu, South Korea. Employee count not disclosed. | |||
| 2018-03-31 | restructuring | in_progress | 2017-03-31 | 2018-12-31 | Germany (primarily); several locations | Lithium | USD 13 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Cost-reduction actions initiated in Q1 2017 (exact announcement date not disclosed); charges split $2.9M COGS, $4.2M SG&A, $5.8M R&D, primarily severance. Unpaid balance remains in Accrued expenses at 2018-03-31; no employee count disclosed. | ||
| 2018-03-31 | divestiture_reduction | completed | 2017-12-14 | 2018-04-03 | United States (Baton Rouge, Louisiana); South Korea (Yeosu) | Catalysts (polyolefin catalysts and components portion of Performance Catalyst Solutions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale to W.R. Grace & Co. closed 2018-04-03 for ~$416M net cash proceeds; gain expected in Q2 2018. No headcount associated with the divested business is disclosed. | |||
| 2018-03-31 | restructuring | in_progress | 2017-03-31 | 2018-12-31 | Germany | Lithium | USD 13 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Initiated in Q1 2017 to reduce costs at Lithium site in Germany. Expenses recorded include severance. Majority of plans expected to be completed by end of 2018. | ||
| 2017-12-31 | restructuring | in_progress | 2017 | 2018-12-31 | Several locations; primarily Lithium sites in Germany | All reportable segments; primarily Lithium and Advanced Materials | USD 17 (millions) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Cost-reduction action initiated during 2017; charges recorded as $2.9M in cost of goods sold, $8.4M in SG&A and $5.7M in R&D, primarily expected severance payments (MD&A cites $17.1M of restructuring and other costs for the year). Unpaid balance in Accrued expenses at year-end; majority of plans expected complete by end of 2018. No employee count disclosed. | ||
| 2017-12-31 | divestiture_reduction | announced | 2017-12-14 | 2018 | United States (Baton Rouge, Louisiana) and South Korea (Yeosu) | Polyolefin catalysts and components portion of Performance Catalyst Solutions (PCS) | other f5-10k / GLM-5.3-flash-HTML | Definitive agreement to sell to W.R. Grace & Co. for approximately $416 million in cash, including the Baton Rouge Product Development Center and Yeosu operations; expected to close in the first quarter of 2018; no employee headcount disclosed; related assets and liabilities classified as held for sale at December 31, 2017. | |||
| 2017-12-31 | restructuring | in_progress | 2018-12-31 | Multiple locations, primarily Germany | Primarily Lithium sites; cost reduction across all reportable segments | USD 17 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | 2017 cost-reduction actions at several locations; charges of $2.9M in COGS, $8.4M in SG&A and $5.7M in R&D. Unpaid balance in Accrued expenses; majority of plans expected complete by end of 2018. Employees affected not disclosed. | |||
| 2017-12-31 | divestiture_reduction | announced | 2017-12-14 | 2018-03-31 | United States (Baton Rouge, Louisiana) and South Korea (Yeosu) | Performance Catalyst Solutions — polyolefin catalysts and components | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Definitive agreement signed to sell polyolefin catalysts and components portion of PCS to W.R. Grace & Co. for approximately $416 million cash; expected to close in Q1 2018 subject to regulatory approvals. Headcount not disclosed. | |||
| 2017-12-31 | acquisition_addition | completed | 2017-02-01 | Chile | Lithium and Advanced Materials | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquired remaining 50% interest in Sales de Magnesio Ltda. (Salmag) joint venture from SQM Salar S.A. for approximately $8.3 million net of cash acquired. Headcount not disclosed. | ||||
| 2017-12-31 | restructuring | in_progress | 2017-12-31 | 2018-12-31 | Global | Lithium and Advanced Materials | USD 17 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Plan to reduce costs at several locations, primarily Lithium sites in Germany. Includes $2.9M in COGS, $8.4M in SG&A, and $5.7M in R&D. Majority expected to be completed by end of 2018. | ||
| 2017-09-30 | restructuring | in_progress | 2017-12-31 | Multiple locations, primarily Germany (Lithium sites) | All reportable segments (Lithium and Advanced Materials, Bromine Specialties, Refining Solutions) | USD 17 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Cost-reduction actions initiated during 2017; charges of $2.9M in COGS, $8.4M in SG&A and $5.8M in R&D, primarily severance. Unpaid balance in Accrued expenses at 2017-09-30; majority of plans expected complete by end of 2017. No employee count or announcement date disclosed. | |||
| 2017-09-30 | restructuring | in_progress | 2017-09-30 | 2017-12-31 | Germany | Lithium | USD 17 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Initiated action to reduce costs at several locations, primarily Lithium sites in Germany. Recorded expenses of $2.9M in COGS, $8.4M in SG&A, and $5.8M in R&D, primarily related to expected severance payments. Majority of plans expected to be completed by end of 2017. | ||
| 2017-06-30 | restructuring | in_progress | 2017-12-31 | Primarily Germany | Primarily Lithium sites; cost actions across all reportable segments | USD 17 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | 2017 cost-reduction actions at several locations; charges of $2.9M in COGS, $8.4M in SG&A and $5.8M in R&D for the six months ended June 30, 2017, primarily for expected severance. Unpaid balance in Accrued expenses; majority of plans expected complete by end of 2017. No employee count disclosed. | |||
| 2017-06-30 | acquisition_addition | completed | 2017-02-01 | Chile | Lithium and Advanced Materials (magnesium business) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquired remaining 50% interest in Sales de Magnesio Ltda. (Salmag) joint venture for approximately $8.3M net of cash; no headcount added disclosed. | ||||
| 2017-06-30 | restructuring | in_progress | 2017-06-30 | 2017-12-31 | Germany | Lithium and Advanced Materials | USD 17 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Company initiated actions to reduce costs at several locations, primarily Lithium sites in Germany. Charges include expected severance payments. Majority of plans expected to be completed by end of 2017. | ||
| 2017-03-31 | restructuring | in_progress | 2017-12-31 | Germany (primarily); several locations | Lithium and Advanced Materials (charges recorded in Cost of goods sold, SG&A and R&D) | USD 13 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Cost-reduction action initiated in Q1 2017, primarily severance at the Lithium site in Germany; split $2.9M COGS, $4.2M SG&A, $5.8M R&D. No employee count disclosed; majority of plan expected complete by end of 2017. | |||
| 2017-03-31 | restructuring | in_progress | 2017-03-31 | 2017-12-31 | Germany | Lithium | USD 13 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Initiated action to reduce costs at several locations, primarily at Lithium site in Germany. Expenses of $2.9M in COGS, $4.2M in SG&A, and $5.8M in R&D recorded, primarily related to severance. Majority of plan expected to be completed by end of 2017. | ||
| 2016-12-31 | divestiture_reduction | completed | 2016-06-17 | 2016-12-14 | Global | Chemetall Surface Treatment business (reported as discontinued operations) | discontinued_operations_footnote f5-10k / GLM-5.3-flash-HTML | Sold to BASF SE; cash proceeds approximately $3.1 billion net of purchase price adjustments; pre-tax gain of $388.0 million ($135.0 million after tax). Affected employee count not disclosed. | |||
| 2016-12-31 | divestiture_reduction | completed | 2015-11-05 | 2016-01-04 | Austria (Vienna and Arnoldstein sites) | All Other — metal sulfides business (Tribotecc) | other f5-10k / GLM-5.3-flash-HTML | Sold to Treibacher Industrie AG for net proceeds of approximately $137 million; pre-tax gain of $11.5 million recorded in 2016. Affected employee count not disclosed. | |||
| 2016-12-31 | divestiture_reduction | completed | 2015-12-16 | 2016-02-01 | Germany (Bergheim) and Austria (Breitenau) | All Other — minerals-based flame retardants and specialty chemicals business | other f5-10k / GLM-5.3-flash-HTML | Sold to Huber Engineered Materials (division of J.M. Huber Corporation) for net proceeds of approximately $187 million; pre-tax gain of $112.3 million; included Martinswerk GmbH facility and 50% interest in Magnifin Magnesiaprodukte GmbH. Affected employee count not disclosed. | |||
| 2016-12-31 | divestiture_reduction | completed | Wafer reclaim business | other f5-10k / GLM-5.3-flash-HTML | Sale completed during fiscal 2016 with a $1.5 million loss; buyer, closing date, and employee count not disclosed. | ||||||
| 2016-12-31 | acquisition_addition | completed | 2016-12-31 | China (Jiangxi and Sichuan provinces) | Lithium and Advanced Materials — lithium hydroxide and lithium carbonate conversion assets | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Acquired the lithium conversion business of Jiangxi Jiangli New Materials Science and Technology Co. Ltd. for approximately $145 million; headcount added through the transaction not disclosed. | ||||
| 2016-12-31 | divestiture_reduction | completed | 2016-06-17 | 2016-12-14 | Global | Chemetall Surface Treatment business (discontinued operations) | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale to BASF SE for approximately $3.1 billion cash proceeds; no headcount associated with the divestiture is disclosed. | |||
| 2016-12-31 | divestiture_reduction | completed | 2015-11-05 | 2016-01-04 | Austria (Vienna, Arnoldstein) | Metal sulfides business (All Other) | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of Tribotecc metal sulfides business to Treibacher Industrie AG; no headcount disclosed. | |||
| 2016-12-31 | divestiture_reduction | completed | 2015-12-16 | 2016-02-01 | Germany and Austria | Minerals-based flame retardants and specialty chemicals business (All Other) | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale to Huber Engineered Materials; no headcount disclosed. | |||
| 2016-12-31 | divestiture_reduction | completed | 2016-12-31 | Not disclosed | Wafer reclaim business | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Loss of $1.5 million on sale of wafer reclaim business recorded in 2016; no headcount or announcement date disclosed. | ||||
| 2016-12-31 | acquisition_addition | completed | 2016-12-31 | China (Jiangxi and Sichuan) | Lithium and Advanced Materials | USD 145 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of lithium hydroxide and lithium carbonate conversion business of Jiangxi Jiangli New Materials Science and Technology Co. Ltd. for approximately $145 million; purchase price, not a charge. No headcount disclosed. | |||
| 2016-06-30 | divestiture_reduction | announced | 2016-06-17 | 2016-12-31 | Global | Chemetall Surface Treatment (discontinued operations) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Definitive agreement to sell Chemetall Surface Treatment to BASF SE for ~$3.2B cash; no employee count disclosed. Expected close Q4 2016. | |||
| 2016-06-30 | divestiture_reduction | completed | 2015-11-05 | 2016-01-04 | Austria | Tribotecc metal sulfides business (All Other) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of metal sulfides business to Treibacher Industrie AG closed January 4, 2016; no employee count disclosed. | |||
| 2016-06-30 | divestiture_reduction | completed | 2015-12-16 | 2016-02-01 | Germany, Austria | Minerals-based flame retardants and specialty chemicals (All Other) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of Martinswerk GmbH and Magnifin 50% JV interest to Huber Engineered Materials closed February 1, 2016; no employee count disclosed. | |||
| 2016-03-31 | divestiture_reduction | completed | 2015-11-05 | 2016-01-04 | Austria (Vienna and Arnoldstein sites) | All Other — metal sulfides business (Tribotecc) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale to Treibacher Industrie AG closed 2016-01-04 for ~$137M net proceeds; no employee count disclosed. Gain of $11.5M pre-tax recorded in Q1 2016. | |||
| 2016-03-31 | divestiture_reduction | completed | 2015-12-16 | 2016-02-01 | Germany (Bergheim) and Austria (Breitenau) | All Other — minerals-based flame retardants and specialty chemicals businesses | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale to Huber Engineered Materials (incl. 50% Magnifin JV interest) closed 2016-02-01 for ~$187M net proceeds; no employee count disclosed. Gain of $111.3M pre-tax recorded in Q1 2016. | |||
| 2015-12-31 | acquisition_addition | completed | 2014-07-15 | 2015-01-12 | Global | Formed basis of Performance Chemicals (Lithium, Performance Catalyst Solutions) and Chemetall Surface Treatment segments | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Rockwood Holdings acquisition closed January 12, 2015 for approximately $5.7 billion. The filing does not quantify employees added; total headcount was 6,963 as of February 1, 2016. | |||
| 2015-12-31 | divestiture_reduction | completed | 2015-11-05 | 2016-01-04 | Austria (Vienna and Arnoldstein sites) | All Other — Tribotecc metal sulfides business | other f5-10k / GLM-5.3-flash-HTML | Sale to Treibacher Industrie AG closed January 4, 2016, after fiscal year-end; net proceeds approximately $137 million. Number of employees transferring with the business not disclosed. | |||
| 2015-12-31 | divestiture_reduction | completed | 2015-12-16 | 2016-02-01 | Germany (Bergheim) and Austria (Breitenau) | All Other — minerals-based flame retardants and specialty chemicals (Martinswerk GmbH; 50% Magnifin joint-venture interest) | other f5-10k / GLM-5.3-flash-HTML | Sale to Huber Engineered Materials (J.M. Huber) closed February 1, 2016, after fiscal year-end; net proceeds approximately $187 million. Employee count not disclosed. | |||
| 2015-12-31 | divestiture_reduction | announced | 2015 | All Other — Fine Chemistry Services | Item_1_Business f5-10k / GLM-5.3-flash-HTML | Company announced in 2015 its intention to pursue strategic alternatives, including divestiture, for Fine Chemistry Services; also referenced in the September 2015 term loan agreement covenant. No timeline or employee count disclosed. | |||||
| 2015-12-31 | other | announced | 120 | 2015 | 2016-06 | Baton Rouge, LA to Charlotte, NC and Clear Lake, TX | Corporate headquarters and Performance Chemicals business; Refining Solutions Baton Rouge employees to Clear Lake, TX | MD&A f5-10k / GLM-5.3-flash-HTML | Corporate relocation affecting approximately 120 employees, with the majority of moves expected in June 2016. This is a relocation, not a headcount reduction. | ||
| 2015-12-31 | acquisition_addition | completed | 2014-07-15 | 2015-01-12 | Global | Performance Chemicals; Chemetall Surface Treatment | USD 138 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Rockwood Holdings acquisition for approximately $5.7 billion; headcount added not disclosed. Charge is 2015 acquisition and integration related costs directly related to Rockwood; a further $8.4 million of costs related to other significant projects is disclosed separately. | ||
| 2015-12-31 | acquisition_addition | completed | 2015-01-29 | China | Chemetall Surface Treatment | USD 58 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquired remaining 40% interest in Shanghai Chemetall Chemicals Co., Ltd.; Item 1 narrative dates completion to February 19, 2015. Headcount added not disclosed. | |||
| 2015-12-31 | acquisition_addition | completed | 2015-05-01 | Germany | Chemetall Surface Treatment | USD 2 (millions) | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of aluminum finishing business of Chemal GmbH & Co. KG; cash paid approximately $2.2 million. Headcount added not disclosed. | |||
| 2015-12-31 | acquisition_addition | completed | 2015-12-23 | China | Chemetall Surface Treatment | USD 5 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Purchase of remaining noncontrolling interests' share of Nanjing Chemetall Surface Technologies Co., Ltd. Headcount added not disclosed. | |||
| 2015-12-31 | divestiture_reduction | completed | 2015-11-05 | 2016-01-04 | Austria | All Other (metal sulfides) | USD 137 (millions) | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of Tribotecc metal sulfides business to Treibacher Industrie AG; net proceeds approximately $137 million, gain expected in Q1 2016. Closed after fiscal year-end; headcount removed not disclosed. | ||
| 2015-12-31 | divestiture_reduction | completed | 2015-12-16 | 2016-02-01 | Germany; Austria | All Other (minerals-based flame retardants and specialty chemicals) | USD 187 (millions) | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale to Huber Engineered Materials including Martinswerk GmbH and 50% interest in Magnifin; net proceeds approximately $187 million, gain expected in Q1 2016. Closed after fiscal year-end; headcount removed not disclosed. | ||
| 2015-12-31 | other | announced | 120 | 2015-10-26 | 2016-06-30 | United States | Corporate headquarters; Refining Solutions | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | Relocation of corporate headquarters and Performance Chemicals from Baton Rouge, LA to Charlotte, NC, with Refining Solutions staff moving to Clear Lake, TX; approximately 120 employees to be relocated, majority expected June 2016. Relocation, not a headcount reduction. | ||
| 2015-12-31 | restructuring | completed | 230 | 2013-10-01 | 2014-12-31 | Worldwide | Corporate / All Segments | USD 33 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Workforce reduction plan initiated in Q4 2013 in connection with realignment of operating segments effective Jan 1, 2014. Charges recorded in 2013 for termination benefits and other costs. Payments under this plan were complete by end of 2014. | |
| 2015-12-31 | restructuring | completed | 2014-01-01 | 2014-12-31 | Worldwide | Performance Chemicals | USD 24 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Action to reduce high cost supply capacity of certain aluminum alkyl products, primarily through termination of third party manufacturing contract. Includes estimated costs of $20.5M and impairment charge of $3.0M. | ||
| 2015-09-30 | other | announced | 120 | 2015-09-30 | 2016-06-30 | United States | Corporate headquarters and Refining Solutions | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Announced relocation of corporate headquarters and Performance Chemicals from Baton Rouge, LA to Charlotte, NC, and Refining Solutions staff to Clear Lake, TX; approximately 120 employees affected, majority expected to relocate in June 2016. | ||
| 2015-09-30 | other | announced | 2015-09-30 | 2016-03-31 | United States, Germany, Taiwan | Performance Chemicals — Lithium | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Announced intent to transfer n-Butyllithium production from New Johnsonville, TN to existing plants in Germany and Taiwan; completion expected Q1 2016. No employee count disclosed. | |||
| 2015-09-30 | divestiture_reduction | announced | 2015-11-05 | 2015-12-31 | Austria | All Other — Metal Sulfides (Tribotecc) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Definitive agreement to sell Tribotecc Metal Sulfides business to Treibacher Industrie AG; includes sites in Vienna and Arnoldstein, Austria. No employee count disclosed. | |||
| 2015-09-30 | restructuring | in_progress | 2015-01-31 | Global | All Other — Minerals, Fine Chemistry Services, Metal Sulfides | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Announced intention to pursue strategic alternatives (divestiture) for three operating segments comprising the All Other category. Assets held for sale criteria met for Minerals segment subsequent to quarter-end; combined net assets approximately $225.0 million. No employee count disclosed. | ||||
| 2015-09-30 | restructuring | in_progress | 2015-09-30 | 2016-06-01 | United States | Corporate and Performance Chemicals | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Relocation of corporate headquarters and Performance Chemicals business from Baton Rouge, LA to Charlotte, NC, and Refining Solutions employees from Baton Rouge to Clear Lake, TX. Approximately 120 employees will be relocated, with majority expected in June 2016. | |||
| 2015-09-30 | restructuring | completed | 2015-09-30 | 2016-03-31 | United States | Performance Chemicals | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Transfer of n-Butyllithium production from New Johnsonville, Tennessee facility to plants in Germany and Taiwan. Process expected to be completed in the first quarter of 2016. | |||
| 2015-06-30 | acquisition_addition | completed | 2014-07-15 | 2015-01-12 | Global | Multiple segments (Performance Chemicals, Refining Solutions, Chemetall Surface Treatment) | USD 79 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Rockwood acquisition closed 2015-01-12 for ~$5.7B; no headcount added disclosed. Charge reflects H1 2015 acquisition/integration costs. | ||
| 2015-06-30 | acquisition_addition | completed | 2015-05-01 | Germany | Chemetall Surface Treatment | USD 2 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of aluminum finishing business of Chemal GmbH & Co. KG; cash paid ~$2.2M; no headcount disclosed. | |||
| 2015-06-30 | acquisition_addition | completed | 2015-01-29 | China | Chemetall Surface Treatment | USD 58 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquired remaining 40% interest in Shanghai Chemetall for ~$57.6M; no headcount disclosed. | |||
| 2015-06-30 | other | announced | 2015-01-01 | Global | All Other (Minerals, Fine Chemistry Services, Metal Sulfides) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Intention to pursue strategic alternatives (divestiture) for three segments announced in Q1 2015; no headcount or charge disclosed. Proceeds intended to reduce acquisition debt. | ||||
| 2015-06-30 | restructuring | completed | 230 | 2013-10-01 | Worldwide | USD 1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Workforce reduction plan initiated in Q4 2013 resulted in reduction of approx. 230 employees. Q1 2014 curtailment gain of $0.8M recorded. | |||
| 2015-03-31 | acquisition_addition | completed | 2014-07-15 | 2015-01-12 | Global | Performance Chemicals; Chemetall Surface Treatment; Refining Solutions | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Rockwood acquisition closed 2015-01-12 for ~$5.7B; Rockwood results included from 2015-01-13. No headcount added disclosed. | |||
| 2015-03-31 | acquisition_addition | completed | 2015-01-29 | China | Chemetall Surface Treatment | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquired remaining 40% interest in Shanghai Chemetall for ~$57.6M; became wholly-owned subsidiary. No headcount added disclosed. | ||||
| 2015-03-31 | other | announced | 2015-01-01 | Global | Minerals; Fine Chemistry Services; Metal Sulfides (All Other) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Announced intention to pursue strategic alternatives for three non-core segments; cash proceeds intended to reduce acquisition debt. No headcount impact disclosed; assets not classified as held for sale at quarter-end. | ||||
| 2015-03-31 | restructuring | completed | 230 | 2013-10-01 | Worldwide | USD 15 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Workforce reduction plan initiated in Q4 2013 resulted in reduction of approx. 230 employees. Q1 2015 includes recognition of $15.4M mark-to-market actuarial loss (net of curtailment gain) related to remeasurement of US defined benefit plans. | |||
| 2014-12-31 | reduction_in_force | completed | 230 | 2013-12 | Worldwide | All segments (initiated in connection with global business realignment effective January 1, 2014) | USD 33 (millions) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Approximately 230 employees worldwide. Plan initiated in the fourth quarter of 2013; termination benefits and other costs of $33.4 million ($21.9 million after income taxes) were charged in fiscal 2013. Fiscal 2014 activity: $35.1 million of payments (plan substantially completed in 2014), $1.9 million of additional charges (employee retention for divested businesses, recorded in discontinued operations), $1.2 million reversed to income; $4.0 million accrued at December 31, 2014. | ||
| 2014-12-31 | restructuring | in_progress | 2014 | Aluminum alkyls | USD 24 (millions) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Action to reduce high-cost supply capacity of certain aluminum alkyl products, primarily through termination of a third-party manufacturing contract; no employee headcount impact disclosed. Charges: $20.5 million of contract termination and volume commitments ($14.0 million in Q1 2014, $6.5 million in Q4 2014) plus a $3.0 million capital-project impairment. Company expects annual savings of up to $3 million beginning within the next two years; $15.8 million accrued at December 31, 2014. | ||||
| 2014-12-31 | divestiture_reduction | completed | 2014-04-15 | 2014-09-01 | United States and China | Antioxidant, ibuprofen and propofol businesses | USD 86 (millions) | discontinued_operations_footnote f5-10k / GLM-5.3-flash-HTML | Definitive agreement signed April 15, 2014; sale to SI Group, Inc. closed September 1, 2014 for net proceeds of $104.7 million (plus a $7.6 million working-capital settlement received in Q1 2015). Included manufacturing sites in Orangeburg, South Carolina and Jinshan, China, and antioxidant product lines manufactured in Ningbo, China. Number of employees transferred not disclosed. Pre-tax loss on sale of $85.5 million ($65.7 million after income taxes), primarily write-offs of goodwill, intangibles and long-lived assets. | ||
| 2014-12-31 | acquisition_addition | completed | 2014-07-15 | 2015-01-12 | Rockwood businesses: lithium, surface treatment (Chemetall), refinery/performance catalysts, bromine | subsequent_events f5-10k / GLM-5.3-flash-HTML | Merger Agreement signed July 15, 2014; acquisition of Rockwood Holdings completed January 12, 2015 (after fiscal year-end) for approximately $5.6 billion ($3.6 billion cash, $2.0 billion equity), adding Rockwood's workforce, but no headcount figure is disclosed. Item 2 Properties lists production facilities acquired from Rockwood. In 2015 the Company announced realignment into three segments and intent to pursue strategic alternatives, including divestitures, for certain product lines (flame retardants, specialty chemicals, fine chemistry services, metal sulfides). | ||||
| 2014-12-31 | restructuring | completed | Global | Performance Chemicals — aluminum alkyls | USD 21 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | 2014 action to reduce high-cost aluminum alkyls supply capacity, primarily by terminating a third-party manufacturing contract; charges of approximately $20.5M ($13.6M after tax) recorded in Q1 and Q4 2014, plus a $3.0M impairment of related capital project costs. No employee count disclosed; expected annual savings of up to $3M. | ||||
| 2014-12-31 | divestiture_reduction | completed | 2014-04-15 | 2014-09-01 | United States; China | Antioxidant, ibuprofen and propofol businesses | USD 2 (millions) | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale to SI Group closed 2014-09-01 (net proceeds $104.7M), including Orangeburg, SC and Jinshan, China sites. 2014 workforce reduction charges of $1.9M relate to retention of employees associated with the divested businesses and are recorded in discontinued operations. Headcount transferred not disclosed. | ||
| 2014-12-31 | acquisition_addition | completed | 2014-07-15 | 2015-01-12 | Global | Rockwood Holdings, Inc. — lithium, surface treatment | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Merger completed 2015-01-12 for approximately $5.6B ($3.6B cash / $2.0B equity); 34,110,008 Albemarle shares issued. Rockwood headcount not disclosed in this filing. Albemarle incurred $23.6M of acquisition and integration costs in 2014 and anticipates approximately $200M of additional acquisition and integration costs over the next two years. | |||
| 2014-12-31 | restructuring | completed | 230 | 2013-10-01 | 2014-12-31 | Worldwide | Corporate / All Segments | USD 33 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Workforce reduction plan initiated in Q4 2013 in connection with operating segment realignment effective Jan 1, 2014. Payments substantially completed in 2014. | |
| 2014-09-30 | restructuring | in_progress | 230 | 2013-10-01 | 2014-12-31 | Worldwide | Corporate (segment realignment) | USD 33 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Workforce reduction plan initiated Q4 2013 in connection with segment realignment effective 2014-01-01; charge of $33.4M ($21.9M after tax) recorded in Q4 2013. Payments expected substantially complete in 2014. Severance liability roll-forward at 2014-09-30: $8.2M remaining. | |
| 2014-09-30 | divestiture_reduction | completed | 2014-04-15 | 2014-09-01 | United States; China | Antioxidant, ibuprofen and propofol businesses (Performance Chemicals) | USD 86 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale to SI Group closed 2014-09-01; includes manufacturing sites in Orangeburg SC and Jinshan China. Pre-tax loss on sale of $85.5M ($64.6M after tax). Headcount transferred not disclosed. | ||
| 2014-09-30 | restructuring | in_progress | 2014-01-01 | Not specified | Catalyst Solutions — aluminum alkyls | USD 17 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Action to reduce high-cost aluminum alkyl supply capacity via termination of third-party manufacturing contract; $14.0M contract termination/volume commitment costs plus $3.0M capital project impairment ($11.1M after tax). Employee count not disclosed. | |||
| 2014-09-30 | restructuring | in_progress | 230 | 2013-10-01 | 2014-12-31 | Worldwide | Corporate / All Segments | USD 39 (thousands) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Workforce reduction plan initiated in Q4 2013 to reduce approximately 230 employees worldwide. Payments expected to be substantially complete in 2014. Beginning balance of liability was $39.1 million. | |
| 2014-09-30 | divestiture_reduction | completed | 2014-04-15 | 2014-09-01 | United States, China | Performance Chemicals (Antioxidant, Ibuprofen, Propofol) | discontinued_operations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Sale of antioxidant, ibuprofen, and propofol businesses to SI Group, Inc. closed on September 1, 2014. Includes manufacturing sites in Orangeburg, SC and Jinshan, China. Employee count not explicitly disclosed. | |||
| 2014-06-30 | restructuring | in_progress | 230 | 2013 | 2014 | Worldwide | Company-wide (operating segment realignment) | USD 33 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Workforce reduction plan initiated in Q4 2013 alongside the segment realignment effective 2014-01-01; the $33.4M charge ($21.9M after tax) was recorded in Q4 2013, not the current period. Payments of $25.3M made in H1 2014 left a $12.6M liability at 2014-06-30; remaining payments of about $11.6M expected substantially complete in 2014. No new charges in H1 2014. | |
| 2014-06-30 | restructuring | in_progress | 2014 | Catalyst Solutions — aluminum alkyls high-cost supply capacity | USD 17 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Initiated during Q1 2014; primarily termination of a third-party manufacturing contract ($14.0M, accrued at 2014-06-30) plus a $3.0M impairment of capital project costs; about $11.1M after tax. No employee count disclosed; expected annual savings of up to $3M within two years. | ||||
| 2014-06-30 | divestiture_reduction | in_progress | 2014-04-15 | United States; China | Antioxidant, ibuprofen and propofol businesses (held for sale) | USD 81 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Definitive agreement to sell the businesses and assets to SI Group, Inc.; includes the Orangeburg, SC and Jinshan, China sites and Ningbo, China antioxidant lines. Pre-tax expected-loss charge of $80.7M ($60.3M after tax) recorded in Q2 2014. No headcount disclosed; sale expected to close later in 2014. | |||
| 2014-06-30 | acquisition_addition | announced | 2014-07-15 | 2015-03-31 | Rockwood Holdings, Inc. (whole company) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Post-quarter merger agreement to acquire Rockwood in a cash-and-stock transaction valued at about $6.2 billion ($50.65 cash plus 0.4803 Albemarle shares per Rockwood share). No headcount added disclosed; expected to close by Q1 2015, subject to shareholder and regulatory approvals. | ||||
| 2014-06-30 | restructuring | in_progress | 230 | 2013-10-01 | 2014-12-31 | Worldwide | Corporate / All Segments | USD 39 (thousands) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Workforce reduction plan initiated in Q4 2013 in connection with operating segment realignment. Beginning liability balance at Dec 31, 2013 was $39.1 million. Payments of $25.3 million made in H1 2014. Ending balance at June 30, 2014 was $12.6 million. Expected to be substantially complete in 2014. | |
| 2014-03-31 | restructuring | in_progress | 230 | 2013 | 2014-12-31 | Worldwide | Corporate-wide (segment realignment) | USD 33 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Workforce reduction of approximately 230 employees initiated in Q4 2013 alongside the January 1, 2014 operating segment realignment. Charge of $33.4M ($21.9M after tax) was recorded in Q4 2013; severance liability was $19.0M at March 31, 2014 after $19.1M of payments in Q1 2014, with approximately $17.8M of payments remaining through 2014. Company does not expect significant operating expense reduction, as resources will be redeployed to R&D, sales and business development. | |
| 2014-03-31 | restructuring | in_progress | 2014-01-01 | Not specified | Catalyst Solutions — aluminum alkyls | USD 17 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Q1 2014 action to reduce high-cost aluminum alkyls supply capacity, primarily via termination of a third-party manufacturing contract: approximately $14.0M contract termination and volume commitment costs plus a $3.0M impairment of capital project costs ($11.1M after tax). No employee count disclosed; expected annual savings of up to $3M beginning within two years. | |||
| 2014-03-31 | divestiture_reduction | announced | 2014-04-15 | 2014-12-31 | United States; China | Antioxidants, ibuprofen and propofol businesses | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Definitive agreement signed April 15, 2014 to sell antioxidant, ibuprofen and propofol businesses to SI Group Inc., including sites in Orangeburg SC, Jinshan China and Ningbo China; expected to close later in 2014. No headcount disclosed; company expects a non-cash held-for-sale charge of $50M to $120M beginning in Q2 2014. | |||
| 2014-03-31 | restructuring | in_progress | 230 | 2013-10-01 | 2014-12-31 | Worldwide | Corporate / All Segments | USD 19 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Workforce reduction plan initiated in Q4 2013. Payments of $19.1M made in Q1 2014. Remaining payments of approx $17.8M expected through 2014. | |
| 2014-03-31 | restructuring | in_progress | 2014-03-31 | Performance Chemicals | USD 17 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Reduction of high cost supply capacity of certain aluminum alkyl products via termination of third party manufacturing contract. Includes $14.0M contract termination/volume commitments and $3.0M impairment charge. Employee count not disclosed. | ||||
| 2013-12-31 | reduction_in_force | in_progress | 230 | 2013-09-23 | 2014-12-31 | Worldwide | Global business realignment (all segments) | USD 33 (millions) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Workforce reduction plan initiated in Q4 2013 in connection with the operating segment realignment announced September 23, 2013 and effective January 1, 2014. Charge of $33.4 million ($21.9 million after tax) covers termination benefits and other costs; payments expected through 2014 and the reduction of approximately 230 positions to occur during 2014. | |
| 2013-12-31 | acquisition_addition | completed | 2013-10-01 | 2013-10-01 | United Kingdom | Catalysts — Performance Catalyst Solutions (electronic materials) | USD 4 (millions) | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Acquisition of Cambridge Chemical Company, Ltd., effective October 1, 2013 and announced October 8, 2013; producer of high-purity metal organic chemicals for the laser market. Employee headcount added was not disclosed. Associated value is total purchase consideration ($3.6 million; $2.3 million cash paid in 2013), not a severance charge. | ||
| 2013-12-31 | restructuring | in_progress | 230 | 2013-09-23 | 2014-12-31 | Worldwide | Operating segment realignment (Performance Chemicals and Catalyst Solutions) | USD 33 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Workforce reduction plan initiated in Q4 2013 in connection with the segment realignment announced 2013-09-23 and effective 2014-01-01; charge of $33.4M ($21.9M after taxes) recorded in FY2013, payments expected through 2014. Company stated it does not expect a significant reduction in future operating expenses as resources will be redeployed. | |
| 2013-12-31 | acquisition_addition | completed | 2013-10-08 | 2013-10-01 | United Kingdom | Catalysts — electronic materials (high purity metal organics) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Cambridge Chemical Company, Ltd. effective 2013-10-01 for approximately $3.6M consideration; headcount added not disclosed. | |||
| 2013-12-31 | restructuring | in_progress | 230 | 2013-09-23 | 2014-12-31 | Worldwide | Corporate / All Segments | USD 33 (millions) | Item_1_Business f5-10k / Qwen3.6-27B-Q8_0 | Workforce reduction plan initiated in Q4 2013 in connection with realignment of operating segments effective Jan 1, 2014. Charges recorded in 2013 for termination benefits and other costs. Reduction to occur in 2014. | |
| 2013-12-31 | restructuring | completed | 2012-06-01 | 2012-12-31 | United Kingdom, China | Polymer Solutions | USD 22 (millions) | Item_1_Business f5-10k / Qwen3.6-27B-Q8_0 | Workforce reduction charges recorded in 2012 in connection with exit of phosphorus flame retardants business. Employee count not explicitly stated for this specific action in 2013 filing, but charges are disclosed. | ||
| 2013-09-30 | voluntary_separation | announced | 2013-10 | United States | Salaried employees | USD 20 (millions) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Voluntary separation program initiated in October 2013 in connection with announced segment realignment; charge expected to be no more than $20 million in Q4 2013; headcount not disclosed. | |||
| 2013-09-30 | acquisition_addition | completed | 2013-10-01 | 2013-10-01 | United Kingdom | Catalysts / electronic materials | USD 4 (millions) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Cambridge Chemical Company, Ltd. for approximately $3.6 million; headcount added not disclosed. | ||
| 2013-09-30 | voluntary_separation | announced | 2013-10-01 | 2013-12-31 | United States | Salaried employees | USD 20 (millions) | subsequent_events f5-10q / Qwen3.6-27B-Q8_0 | Voluntary separation program initiated in October 2013 in connection with operating segment realignment. Charge expected to be no more than $20 million. | ||
| 2013-06-30 | restructuring | in_progress | 2012-06-30 | 2014-12-31 | United Kingdom; China | Polymer Solutions — Phosphorus flame retardants business | USD 95 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Exit of phosphorus flame retardants business announced in Q2 2012; workforce reduction liability roll-forward shows $5.8M payments and $1.0M reversal in H1 2013, with $8.7M balance at 2013-06-30. No employee count disclosed. Payments expected through 2014. | ||
| 2013-06-30 | restructuring | in_progress | 2014-12-31 | United Kingdom, China | Polymer Solutions | USD 13 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Exit of phosphorus flame retardants business. Total pre-tax charges were $94.7 million in Q2 2012. Severance accruals were approx $13 million. Payments expected through 2014. Employee count not disclosed. | |||
| 2013-03-31 | restructuring | in_progress | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Workforce reduction liability roll-forward for Q1 2013: beginning balance $15.9M, payments $2.5M, $0.4M reversed to income, $0.4M FX translation, ending balance $12.6M. No employee counts, announcement date, or completion timing disclosed. | |||||||
| 2013-03-31 | restructuring | in_progress | Global | Corporate / General | USD 2,533 (thousands) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Payments of $2.5 million and reversals of $0.4 million recorded against workforce reduction liabilities. No specific employee count disclosed for the quarter. | ||||
| 2012-12-31 | restructuring | in_progress | 2012-05-17 | 2014-12-31 | Avonmouth, United Kingdom and Nanjing, China | Polymer Solutions — phosphorus flame retardants business | USD 101 (millions) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Business exit with cessation of operations at two manufacturing sites; Nanjing site sold in December 2012. 2012 pre-tax charge $100.8M ($76.1M after tax), comprising ~$57M asset write-offs, ~$12M foreign-currency translation write-offs, ~$22M severance accruals, ~$9M site remediation and ~$3M other exit costs, partly offset by ~$2M gain on the Nanjing sale. Workforce reduction charges of $21.6M were recorded in 2012; severance and remediation payments expected through 2014, with Avonmouth remediation anticipated complete during 2014. Number of employees affected not disclosed. | ||
| 2012-12-31 | restructuring | in_progress | 2012-05-17 | 2014-12-31 | United Kingdom; China | Polymer Solutions — phosphorus flame retardants business | USD 101 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Net charge of $100.8M ($76.1M after taxes) for exit of phosphorus flame retardants, including ~$22M severance accruals, ~$9M site remediation, ~$57M asset write-offs and ~$12M FX write-offs, partly offset by ~$2M gain on Nanjing site sale. Workforce reduction charges of ~$21.6M recorded in 2012. Cessation of operations at Avonmouth, UK and Nanjing, China; Nanjing site sold December 2012. Payments expected through 2014. Employees affected not disclosed. | ||
| 2012-12-31 | plant_closure | completed | 2012-05-17 | 2012-12-31 | China | Polymer Solutions — phosphorus flame retardants | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of the Nanjing, China manufacturing site completed December 2012; cash proceeds $7.7M with ~$2M gain recognized. Part of the phosphorus flame retardants exit program; headcount not disclosed. | |||
| 2012-12-31 | other | completed | 2012-10-01 | 2014-12-31 | United States | Corporate — U.S. defined benefit and defined contribution pension plans | USD 10 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Board-approved plan amendments freeze pension benefits after a two-year transition period (accrued benefits frozen effective 2014-12-31) and expand the defined contribution plan effective 2013-01-01. Recorded a net curtailment gain of $4.5M and a one-time employer contribution of $10.1M to the defined contribution plan. Employees affected not disclosed. | ||
| 2012-12-31 | other | completed | United States | Corporate — SERP | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | Contribution of $14.1M to the supplemental executive retirement plan in connection with the retirement of the former CEO and executive chairman; included in 2012 pension and OPEB contributions of $21.6M. | |||||
| 2012-12-31 | restructuring | completed | 2012-06-30 | United Kingdom, China | Polymer Solutions | USD 22 (millions) | Item_1_Business f5-10k / Qwen3.6-27B-Q8_0 | Exit of phosphorus flame retardants business. Products sourced mainly at Avonmouth, UK and Nanjing, China sites. Workforce reduction charges of approximately $21.6 million recorded in 2012. Employee count not explicitly disclosed. | |||
| 2012-12-31 | restructuring | in_progress | Phosphorous Flame Retardant Business Exit [Member] | USD 21,600,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2012-09-30 | restructuring | in_progress | 2014-12-31 | Avonmouth, United Kingdom; Nanjing, China | Polymer Solutions — phosphorous flame retardants business | USD 95 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Exit announced in Q2 2012; charge includes ~$57M asset write-offs, ~$12M FX write-offs, ~$13M severance accruals, ~$9M site remediation, ~$4M other. Workforce reduction liability charged $13.1M in YTD 2012 (payments $7.4M); no employee count disclosed. Cash payments expected through plan completion during 2014. | |||
| 2012-09-30 | other | completed | United States | Corporate — executive retirement | USD 7 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | SERP settlement charge ($4.1M after taxes) triggered by retirement of former CEO and executive chairman; $14.1M SERP contribution made in Q3 2012. | ||||
| 2012-09-30 | restructuring | in_progress | 2012-06-30 | 2014-12-31 | United Kingdom, China | Polymer Solutions | USD 95 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Exit of phosphorous flame retardants business. Charges include asset write-offs, severance, and remediation. Employee count not disclosed. | ||
| 2012-09-30 | other | completed | 1 | 2012-09-30 | 2012-09-30 | United States | Corporate | USD 7 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Settlement charge associated with SERP in connection with the retirement of former CEO and executive chairman. | |
| 2012-06-30 | restructuring | in_progress | 2012-05-17 | 2014-12-31 | Avonmouth, United Kingdom; Nanjing, China | Polymer Solutions — phosphorous flame retardants business | USD 95 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Exit of phosphorous flame retardants business; charge includes ~$13M severance accruals, ~$57M asset write-offs, ~$12M FX translation write-offs, ~$9M site remediation, ~$4M other exit costs. No employee headcount affected disclosed. | ||
| 2012-06-30 | plant_closure | in_progress | 2012-05-17 | 2014-12-31 | Avonmouth, United Kingdom | Polymer Solutions — phosphorous flame retardants manufacturing | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Cessation of operations announced at Avonmouth site as part of the phosphorous flame retardants exit; workforce reduction count not disclosed. | |||
| 2012-06-30 | plant_closure | in_progress | 2012-05-17 | 2014-12-31 | Nanjing, China | Polymer Solutions — phosphorous flame retardants manufacturing | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Cessation of operations announced at Nanjing site as part of the phosphorous flame retardants exit; workforce reduction count not disclosed. | |||
| 2012-06-30 | restructuring | in_progress | 2012-04-30 | 2014-12-31 | United Kingdom, China | Polymer Solutions | USD 95 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Exit of phosphorous flame retardants business. Charges include $57M asset write-offs, $12M FX translation adjustments, $13M severance, $9M remediation, and $4M other exit costs. Employee count not disclosed. | ||
| 2012-03-31 | restructuring | in_progress | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Workforce reduction liability roll-forward: opening balance $4,780K at 2011-12-31, payments of $453K, reversal of $19K, FX translation of $100K, closing balance $4,408K at 2012-03-31 ($2,415K in Accrued expenses; $1,993K in Other noncurrent liabilities). No new workforce reduction charges recorded in the quarter and no employee counts, announcement date, or completion date disclosed. | |||||||
| 2012-03-31 | restructuring | in_progress | USD 453 (thousands) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Payments of $453k and reversal of $19k from workforce reduction liabilities; no new charges recorded in Q1 2012. | ||||||
| 2011-12-31 | restructuring | in_progress | Various manufacturing locations (not specified) | Manufacturing | USD 2 (millions) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Fiscal 2011 charges recorded in cost of goods sold for restructuring programs at various manufacturing locations; the Note 19 liability roll-forward shows $1,859 thousand of 2011 workforce reduction charges. Payments expected within the next 12 months; no employee count disclosed. | ||||
| 2011-12-31 | reduction_in_force | in_progress | 2009-09 | 2014 | Bergheim, Germany | Manufacturing site (segment not specified) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Multi-year program: consultation under local laws began September 2009 and the approximately $6.6 million charge was recorded in Q1 2010 (prior fiscal year, so not attributed to FY2011 here to avoid double-counting). FY2011 activity is limited to continuing severance payments, with remaining payments expected through 2014. Headcount affected not disclosed. | |||
| 2011-12-31 | acquisition_addition | completed | 2011-05-11 | Ames, Iowa, United States | Catalysts (biofuels catalysis technology) | USD 5 (millions) | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Acquisition of Catilin, Inc., a developer of heterogeneous biodiesel catalysis, expanding the biofuels business within the Catalysts segment; cash payments of $4.5 million in 2011. Headcount added through the acquisition was not disclosed; the charge shown is acquisition consideration, not severance. | |||
| 2011-12-31 | restructuring | in_progress | Various manufacturing locations | USD 2 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | FY2011 charges of $1.9M for restructuring programs at various manufacturing locations, recorded in cost of goods sold; payments expected within 12 months of year-end. Employees affected not disclosed. | |||||
| 2011-12-31 | reduction_in_force | in_progress | 2009-09 | 2014 | Germany | Bergheim site | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Multi-year program; $6.6M severance charge recorded in Q1 2010 (prior fiscal year) for reductions in force at Bergheim. FY2011 activity limited to payments under the program, expected to run through 2014. Employees affected not disclosed. | |||
| 2011-12-31 | acquisition_addition | completed | 2011-05-11 | United States | Catalysts | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Catilin Inc. (Ames, Iowa), a biodiesel catalysis technology company; cash payments of $4.5M in 2011. Headcount added through the acquisition not disclosed. | ||||
| 2011-12-31 | restructuring | completed | 2011-01-01 | 2011-12-31 | Various | Manufacturing | USD 2 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Charges of $1.9 million related to restructuring programs at various manufacturing locations. Payments expected within 12 months. Employee count not disclosed. | ||
| 2011-09-30 | restructuring | in_progress | Various (manufacturing locations) | Manufacturing | USD 2 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Workforce reduction liability roll-forward: opening balance $7.074M at 2010-12-31, charges $1.787M, payments $2.632M, FX $0.293M, closing balance $6.522M at 2011-09-30 ($3.648M in Accrued expenses, $2.874M in Other noncurrent liabilities). Filer states Q3 charges of ~$0.8M and YTD charges of ~$1.8M for restructuring programs at various manufacturing locations; payments expected within next 12 months. No employee counts disclosed. | ||||
| 2011-09-30 | restructuring | in_progress | 2011-12-31 | Various manufacturing locations | USD 1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Charges recorded for the three months ended Sept 30, 2011. Payments expected within next 12 months. | ||||
| 2011-09-30 | restructuring | in_progress | 2011-12-31 | Various manufacturing locations | USD 2 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Charges recorded for the nine months ended Sept 30, 2011. Payments expected within next 12 months. | ||||
| 2011-09-30 | restructuring | in_progress | 2014-12-31 | Bergheim, Germany | USD 7 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Charges from prior year (2010) related to planned reductions in force. Payments expected through 2014. | ||||
| 2011-06-30 | restructuring | in_progress | 2011-03-31 | United States | Manufacturing | USD 1 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Approximately $1.0 million of charges recorded in Q1 2011 for restructuring programs at various U.S. manufacturing locations; payments expected within the next 12 months. No employee count disclosed. Related workforce reduction liability roll-forward: $7,074K opening, $950K charges, $(2,234)K payments, $6,393K closing at 2011-06-30. | |||
| 2011-06-30 | acquisition_addition | completed | 2011-05-11 | United States | Catalysts | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Catilin, Inc. announced 2011-05-11 (biodiesel catalysis technology); no headcount added disclosed. Cash payments related to acquisitions of $5,908K in H1 2011 per cash flow statement. | ||||
| 2011-06-30 | restructuring | in_progress | 2011-12-31 | United States | Manufacturing | USD 1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Charges related to restructuring programs at various manufacturing locations in the U.S. Payments expected within the next 12 months. | |||
| 2011-06-30 | restructuring | in_progress | 2014-12-31 | Germany | Manufacturing | USD 1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Workforce reduction charges for planned reductions in force at Bergheim, Germany site. Payments expected through 2014. | |||
| 2011-03-31 | restructuring | in_progress | 2014-12-31 | Bergheim, Germany | Not specified | USD 7 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Planned reductions in force at the Bergheim, Germany site; charge of $7.0M ($4.6M after tax) recorded in Q1 2010, not the current quarter. Payments under the plan expected through 2014. Workforce reduction liability roll-forward at 2011-03-31: $7,278 thousand. Number of employees affected not disclosed. | |||
| 2011-03-31 | restructuring | in_progress | 2012-03-31 | United States | Various manufacturing locations | USD 1 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Approximately $1.0M in charges recorded during Q1 2011 for restructuring programs at various U.S. manufacturing locations; payments expected within the next 12 months. Number of employees affected not disclosed. | |||
| 2011-03-31 | restructuring | in_progress | 2014-12-31 | Germany | Bergheim site | USD 1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Continuation of planned reductions in force at Bergheim, Germany site. Payments expected through 2014. Q1 2011 charges were $0.95 million. | |||
| 2011-03-31 | restructuring | in_progress | 2012-03-31 | United States | Various manufacturing locations | USD 1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Restructuring programs at various U.S. manufacturing locations. Payments expected within the next 12 months. Q1 2011 charges were approximately $1.0 million. | |||
| 2010-12-31 | reduction_in_force | in_progress | 2009-09 | Bergheim, Germany | USD 7 (millions) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Consultations with employee representatives began September 2009; $6.6 million workforce reduction charge recognized in Q1 2010. Total 2010 restructuring and other charges were $7.0 million pre-tax ($4.6 million after tax), principally this program. Payments expected through 2014; headcount affected not disclosed. A separate Amsterdam program launched in 2009 recorded its $1.6 million charge in FY2009 with no 2010 activity disclosed. | ||||
| 2010-12-31 | divestiture_reduction | completed | 2010-07-30 | Teesport, United Kingdom | Fine Chemistry | other f5-10k / GLM-5.3-flash-HTML | Manufacturing site sold July 30, 2010 for net proceeds of ~$8.6 million, approximating the net book value of assets sold (no charge); Fine Chemistry goodwill reduced by $3.7 million in connection with the sale. Headcount impact not disclosed. | ||||
| 2010-12-31 | restructuring | in_progress | 2010-01-01 | 2014-12-31 | Bergheim, Germany | Corporate / European operations | USD 7 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | First quarter 2010 charge of $6.6M for planned reductions in force at the Bergheim site, part of the $7.0M total 2010 restructuring charge ($4.6M after tax). Workforce reduction accrual balance at year-end was $7.1M; payments expected through 2014. Number of employees affected not disclosed. | ||
| 2010-12-31 | divestiture_reduction | completed | 2010-07-30 | 2010-07-30 | Teesport, United Kingdom | Fine Chemistry | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of the Teesport, UK manufacturing site for net proceeds of approximately $8.6M; proceeds approximated net book value. Related goodwill reduction of $3.7M. Headcount removed not disclosed. | |||
| 2010-12-31 | other | completed | 2010-01-01 | 2010-01-01 | South Africa | Polymer Solutions | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Deconsolidation of Stannica LLC effective January 1, 2010 following sale of a 10% interest; results moved to equity-method accounting in the Catalysts segment. Workforce impact not disclosed. | |||
| 2010-12-31 | restructuring | completed | 2010-01-01 | Germany | Polymer Solutions | USD 7 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Charges associated with planned reductions in force at Bergheim location recorded in Q1 2010. Employee count not disclosed. | |||
| 2010-12-31 | restructuring | completed | 2009-09-01 | Netherlands | Polymer Solutions | USD 2 (millions) | Item_1_Business f5-10k / Qwen3.6-27B-Q8_0 | Consultation processes for restructuring including planned reductions in force at Amsterdam location. Charges recorded in Q4 2009, but mentioned in context of ongoing labor relations. Employee count not disclosed. | |||
| 2010-09-30 | restructuring | in_progress | 2014-12-31 | Bergheim, Germany | USD 7 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | First quarter 2010 charge of $7.0M ($4.6M after income taxes) for planned reductions in force at the Bergheim, Germany site; payments expected through 2014. Number of employees affected not disclosed. | ||||
| 2010-09-30 | divestiture_reduction | completed | 2010-07-30 | 2010-07-30 | Teesport, United Kingdom | Fine Chemistry | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of Teesport, UK manufacturing site for net proceeds of approximately $8.6M; proceeds approximated net book values. Headcount removed not disclosed. | |||
| 2010-09-30 | restructuring | in_progress | 2014-12-31 | Germany | Bergheim site | USD 7 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Charges of $7.0 million ($4.6 million after tax) related principally to planned reductions in force. Payments expected through 2014. | |||
| 2010-06-30 | restructuring | in_progress | 2014-12-31 | Bergheim, Germany | USD 7 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | First quarter 2010 charges of $7.0M ($4.6M after tax) for planned reductions in force; payments expected through 2014. Employee count not disclosed. Workforce reduction liability balance was $9.4M at 2010-06-30. | ||||
| 2010-06-30 | restructuring | in_progress | 2010-03-31 | 2014-12-31 | Germany | Bergheim site | USD 7 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Charges of $7.0 million ($4.6 million after tax) related principally to planned reductions in force at Bergheim, Germany site. Payments expected through 2014. Employee count not disclosed. | ||
| 2010-03-31 | restructuring | in_progress | 2014-12-31 | Bergheim, Germany | USD 7 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Q1 2010 charges of $7.0M ($4.6M after tax) for planned workforce reductions at the Bergheim, Germany site; payments expected through 2014. Workforce reduction liability roll-forward: $4.88M opening, $6.61M charges, $0.07M payments, $0.14M reversals, $0.23M FX, $11.04M closing (Note 16). Headcount affected not disclosed. | ||||
| 2010-03-31 | restructuring | in_progress | 2014-12-31 | Germany | Bergheim site | USD 7 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Charges related principally to planned reductions in force. Payments expected through 2014. | |||
| 2009-12-31 | reduction_in_force | in_progress | Various company locations, including Arkansas, United States | USD 5 (millions) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Workforce reduction charge of $4.9M ($4,912 thousand per roll-forward) for planned RIFs at various locations, recorded in Q4 2009 (per Note 24 quarterly summary). Included within $11.6M pre-tax restructuring and other charges ($7.6M after tax) that also covered write-off of assets at the Arkansas facility. RIF accrual of $4.9M remained at December 31, 2009 (Note 11: reduction in force accruals of $4,880 thousand); majority of severance payments expected in 2010. | |||||
| 2009-12-31 | restructuring | in_progress | 2009-09 | Amsterdam, Netherlands | USD 2 (millions) | Item_1_Business f5-10k / GLM-5.3-flash-HTML | Consultation process under local law begun September 2009 for a restructuring that includes planned reductions in force; approximately $1.6M of related charges accrued at December 31, 2009. Part of works-council discussions initiated late 2009 across multiple European locations and plants; implementation extends past 2010 (per MD&A 2009 Highlights). | ||||
| 2009-12-31 | restructuring | in_progress | 2009-09 | Bergheim, Germany | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Consultation with works council began September 2009; exact cost not determinable at December 31, 2009, with estimated cost range of $7.0M–$10.0M. Preliminary agreement with works council representatives reached February 5, 2010; formal agreement on program details expected late Q1 or Q2 2010. Implementation of the broader European restructuring programs extends past 2010. | |||||
| 2009-12-31 | restructuring | in_progress | 2009-09-30 | Netherlands | Amsterdam site | USD 2 (millions) | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | Consultation process under local law begun September 2009 for a restructuring program including planned reductions in force; approximately $1.6 million accrued at December 31, 2009. Headcount not disclosed. | |||
| 2009-12-31 | restructuring | announced | 2010-02-05 | Germany | Bergheim site | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Preliminary agreement reached with works council representatives on February 5, 2010 (after fiscal year-end); ultimate cost expected in the range of $7.0 million to $10.0 million. No amount accrued at December 31, 2009 because exact cost could not be determined. Headcount not disclosed. | ||||
| 2009-12-31 | restructuring | completed | 2009-01-01 | 2009-12-31 | United States | Various operating segments; Arkansas facility asset write-off | USD 12 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Full-year 2009 pre-tax restructuring and other charges of $11.6 million ($7.6 million after income taxes), principally planned reductions in force plus write-off of certain Arkansas assets. Of this, $4.9 million was workforce-reduction charges recorded in accrued expenses, with the majority of payments expected in 2010. Headcount affected not disclosed. | ||
| 2009-12-31 | divestiture_reduction | completed | 2008-12-31 | 2009-12-31 | France | Polymer Solutions and Fine Chemicals segments | USD 12 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Port de Bouc, France facility divestiture to International Chemical Investors Group S.A. was effective December 31, 2008 (prior fiscal year). The $12.4 million pre-tax charge recorded in 2009 ($8.2 million after income taxes) relates to the final contractual settlement of that disposition; obligations substantially settled in 2009. Headcount removed not disclosed. | ||
| 2009-12-31 | restructuring | completed | 2009-01-01 | 2009-12-31 | Global | Various | USD 12 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Pre-tax charges of $11.6 million related principally to planned reductions in force and write-off of assets at Arkansas facility. Specific employee count not disclosed in footnote, though MD&A mentions 'planned reductions in force'. | ||
| 2009-12-31 | restructuring | announced | 2010-02-05 | Germany | Bergheim site | subsequent_events f5-10k / Qwen3.6-27B-Q8_0 | Preliminary agreement reached Feb 5, 2010 regarding planned restructuring activities at Bergheim, Germany site. Expected cost range $7.0 million to $10.0 million. Formal agreement expected late Q1 or Q2 2010. | ||||
| 2009-09-30 | restructuring | in_progress | 2009-09-30 | Belgium; Germany; Netherlands | EU headquarters (Brussels); Martinswerk plant; refinery catalyst center | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Consultation process with employees and works councils initiated in late September 2009 (announcement_date approximated to month-end); required under local law before any restructuring. Filer states timing and amount of any charge cannot yet be predicted, estimating charges in the range of $10 to $15 million in future quarters; no employee count or completion date disclosed. | ||||
| 2009-09-30 | restructuring | in_progress | 2009-12-31 | United States; Singapore | Former Richmond, Virginia headquarters; Singapore sales office | USD 3 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Severance program for personnel reductions recorded as a charge in fiscal year 2008 (announcement date not stated in this filing); $19.2 million of payments made in the nine months ended 2009-09-30, leaving a $0.795 million liability at quarter end. Filer expects the majority of payments to be completed by the end of 2009. No employee count disclosed. | |||
| 2009-09-30 | restructuring | in_progress | 2008-12-31 | 2009-12-31 | Global | Corporate / Headquarters | USD 19 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Payments of $19.2M made in first nine months of 2009 related to restructuring charges recorded in 2008. Majority of payments expected to be completed by end of 2009. Employee count not disclosed. | ||
| 2009-09-30 | restructuring | announced | 2009-09-30 | Europe | Corporate / Manufacturing | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Consultation process initiated with employees at EU headquarters in Brussels, Martinswerk plant in Germany, and refinery catalyst center in Netherlands. Estimated charges could be in the range of $10 to $15 million in future quarters. | ||||
| 2009-06-30 | restructuring | in_progress | 2008-12-31 | 2009-12-31 | United States; Singapore | Corporate (former Richmond, VA headquarters); Sales (Singapore office) | USD 3 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Severance plan recorded in 2008; 2009 payments of $16.6M reduced the accrual from $20.3M to $3.4M. Employee counts not disclosed; charge shown is the original 2008 charge. | ||
| 2009-06-30 | restructuring | in_progress | 2009-12-31 | Global | Corporate / Headquarters | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Payments made during Q2 2009 related to restructuring charges recorded in FY2008 for personnel reductions at former Richmond, VA headquarters and Singapore sales office. Majority of payments expected in 2009. No new headcount or charge disclosed for current period. | ||||
| 2009-03-31 | restructuring | in_progress | USD 12 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Payments of $12.4M made in Q1 2009 against a restructuring plan recorded in FY2008; majority of remaining payments expected during 2009. Employee count not disclosed. | ||||||
| 2009-03-31 | restructuring | in_progress | 2009-12-31 | USD 12,431 (thousands) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Payments made during Q1 2009 related to restructuring charges recorded in FY2008. Majority of payments expected to occur in 2009. | |||||
| 2008-12-31 | reduction_in_force | in_progress | 200 | Various company locations | All operating segments | USD 22 (millions) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Disclosed as layoff of 'over 200 employees' at various locations (count shown is the stated floor). Workforce reduction charges of $22.1 million recorded in 2008, the principal component of a total 2008 restructuring charge of $25.8 million ($16.8 million after tax); quarterly summary shows restructuring charges of $3.3 million in Q1 and $22.5 million in Q4 2008. Reduction-in-force accrual of $20.3 million at December 31, 2008; majority of severance payments expected in 2009, with favorable cost impacts expected from 2009. | |||
| 2008-12-31 | divestiture_reduction | completed | 2008-12-31 | Port de Bouc, France | Polymer Additives and Fine Chemicals | USD 39 (millions) | other f5-10k / GLM-5.3-flash-HTML | Facility divested to International Chemical Investors Group S.A. effective December 31, 2008. Total disposition charge of $38.5 million ($33.4 million after tax) comprises long-term asset disposition of $19.3 million, net working capital of $4.4 million, restructuring charges of $5.2 million and other exit costs of $9.6 million. Headcount removed not disclosed; the facility's pension liability was transferred to the new owner at December 31, 2008, indicating the site workforce left the company's plans with the sale. A divestiture obligation of approximately $17.1 million was payable in 2009. | |||
| 2008-12-31 | restructuring | in_progress | 200 | 2008-12-31 | Various locations across the Company's operating segments | Multiple operating segments | USD 26 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Full-year 2008 restructuring charge of $25.8M ($16.8M after taxes), principally reductions in force. Workforce reduction component of $22.1M related to layoff of over 200 employees; majority of payments expected in 2009. Ending accrual balance $20.3M. Filer states 'over 200' employees; count recorded as 200. | ||
| 2008-12-31 | divestiture_reduction | completed | 2008-12-31 | 2008-12-31 | Port de Bouc, France | Polymer Additives and Fine Chemicals | USD 39 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Divestiture of Port de Bouc facility to International Chemical Investors Group S.A. effective 2008-12-31; charge of $38.5M ($33.4M after taxes) including long-term asset disposition, net working capital, restructuring and exit costs. Headcount transferred not disclosed. | ||
| 2008-12-31 | acquisition_addition | completed | 2008-07-31 | 2008-07-31 | United States | Fine Chemicals | USD 22 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Sorbent Technologies Corporation, a power plant mercury-control provider, for approximately $22.4M ($6.43 per share). Headcount added not disclosed. | ||
| 2008-12-31 | acquisition_addition | completed | 2008-06-30 | 2008-06-30 | China | Polymer Additives | USD 20 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of remaining 25% interests in Ningbo Jinhai Albemarle Chemical and Industry Co. Ltd. and Shanghai Jinhai Albemarle Fine Chemicals Co. Ltd., bringing ownership to 100%. Headcount added not disclosed. | ||
| 2008-12-31 | restructuring | completed | 200 | 2008-12-31 | 2009-12-31 | Various locations | Various operating segments | USD 22 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Charge of $22.1 million related to the layoff of over 200 employees at various company locations. Majority of payments expected in 2009. | |
| 2008-09-30 | restructuring | completed | Richmond, Virginia, USA; Singapore | Corporate headquarters and sales office | USD 3 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Pre-tax charge recorded in nine months ended 2008-09-30; $2.1M after tax, $0.02 per share. No employee count or dates disclosed. | ||||
| 2008-09-30 | acquisition_addition | completed | China | Polymer Additives (Jinhai antioxidants joint ventures) | USD 20 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of remaining 25% interests completed 2008-06-30; value shown is purchase consideration, not a charge. Headcount added not disclosed. | ||||
| 2008-09-30 | acquisition_addition | completed | 2008-07-31 | United States | Fine Chemicals (Sorbent Technologies Corporation) | USD 22 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Mercury control provider acquired effective 2008-07-31; value shown is purchase price, not a charge. Headcount added not disclosed. | |||
| 2008-09-30 | divestiture_reduction | announced | Port de Bouc, France | Albemarle Chemicals SAS facility | USD 28 (millions) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Works Council consultation initiated for potential sale to ICIG; pre-tax charge disclosed as a range of $25 to $30 million at closing, if any. Midpoint shown; headcount not disclosed. | ||||
| 2008-09-30 | restructuring | completed | Richmond, Virginia; Singapore | Corporate Headquarters; Sales Office | USD 3 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Personnel reductions at Richmond, VA headquarters and Singapore sales office. Charge of $3.3 million recorded in nine months ended Sept 30, 2008. | ||||
| 2008-09-30 | plant_closure | completed | Dayton, Ohio | Fine Chemicals | USD 5 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Closure of Dayton, Ohio fine chemistry facility. Operations moved to South Haven, Michigan. Charge of $4.9 million recorded in nine months ended Sept 30, 2007. | ||||
| 2008-06-30 | restructuring | in_progress | Richmond, Virginia; Singapore | Corporate headquarters and sales office | USD 3 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Personnel reductions at HQ and Singapore sales office; $2.1M after tax, $0.02 per share. Charge recorded in Q1 2008 (no charge in three months ended June 30, 2008). No employee count or completion date disclosed. | ||||
| 2008-06-30 | acquisition_addition | completed | 2008-06-30 | 2008-06-30 | China | Polymer Additives | USD 20 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquired remaining 25% of Ningbo Jinhai and Shanghai Jinhai JVs; $12.5M intangibles and $2.4M goodwill. No headcount added disclosed. | ||
| 2008-06-30 | other | announced | 2009-04-30 | Richmond, Virginia to Baton Rouge, Louisiana | Corporate | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Corporate HQ relocation announced during Q2 2008; relocation addendum dated 2008-07-01 offers supplemental home-sale funds (35% of base pay, minimum $30,000). Employees must accept transfer by 2008-06-30 and relocate by 2009-04-30. No affected-employee count disclosed. | ||||
| 2008-06-30 | restructuring | completed | Richmond, Virginia and Singapore | Corporate Headquarters and Sales | USD 3 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Personnel reductions at Richmond, VA headquarters and Singapore sales office. Charge of $3.3 million ($2.1 million after tax) included in six-month period ended June 30, 2008. | ||||
| 2008-06-30 | other | announced | 2008-07-01 | 2009-04-30 | Richmond, Virginia to Baton Rouge, Louisiana | Corporate Headquarters | subsequent_events f5-10q / Qwen3.6-27B-Q8_0 | Adoption of addendum to relocation policy for headquarters move. Employees electing to transfer receive supplemental funds for home sale equal to 35% of base pay, minimum $30,000. | |||
| 2008-03-31 | restructuring | completed | Richmond, Virginia, USA; Singapore | Corporate headquarters and sales office | USD 3 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Pre-tax charge of $3.3M ($2.1M after tax, $0.02/share) for personnel reductions at Richmond HQ and Singapore sales office; no employee count disclosed. | ||||
| 2008-03-31 | restructuring | completed | Richmond headquarters and Singapore sales office | Corporate | USD 3 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Personnel reductions at Richmond headquarters and Singapore sales office. | ||||
| 2007-12-31 | plant_closure | in_progress | 28 | 2007-06-30 | Dayton, Ohio, United States | Fine Chemicals | USD 5 (millions) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Closure of the Dayton, Ohio cGMP fine chemistry pilot plant announced in 2007, with operations to be consolidated into the recently acquired South Haven, Michigan facility. Pre-tax charge comprises $3.4 million net asset write-offs and $1.5 million other closure costs, including a $0.3 million workforce-reduction charge for layoffs of 14 employees and 14 contract employees. Charge recorded in Q2 2007 per the unaudited quarterly financial summary; no completion date disclosed. | ||
| 2007-12-31 | acquisition_addition | completed | 2007-07-31 | China (Ningbo and Shanghai) | Polymer Additives | USD 37 (millions) | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Acquired controlling interests in Ningbo Jinhai Albemarle Chemical and Industry Company Limited and Shanghai Jinhai Albemarle Fine Chemicals Company Limited, increasing ownership from 25% to 75% and triggering consolidation (previously equity method). Headcount added to consolidated workforce not disclosed. Value shown is the purchase consideration (~$37.4 million cash, primarily due within one year, plus up to ~$7.3 million contingent on performance criteria), not a workforce-related charge. | |||
| 2007-12-31 | plant_closure | completed | 14 | Dayton, Ohio, United States | Fine Chemicals | USD 5 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Closure of the cGMP pilot plant with operations moved to South Haven, Michigan. Charge of $4.9M pre-tax ($3.2M after tax) recorded in Q2 2007, comprising $3.4M asset write-offs and $1.5M other closure costs. Fourteen employees and fourteen contract employees were laid off; the count shown is employees only. Announcement date not specified in the filing. | |||
| 2007-12-31 | acquisition_addition | completed | 2007-07-31 | China | Polymer Additives | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquired controlling interests in Ningbo Jinhai Albemarle Chemical and Industry Company Limited and Shanghai Jinhai Albemarle Fine Chemicals Company Limited, raising ownership from 25% to 75% for approximately $37.4M cash plus up to $7.3M contingent consideration. Headcount added through the transaction is not disclosed. | ||||
| 2007-12-31 | restructuring | completed | 14 | 2007-01-01 | 2007-12-31 | United States | Fine Chemicals | USD 0 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Layoff of 14 employees and 14 contract employees associated with closure of Dayton, Ohio fine chemistry facility. Charge of $0.3 million. | |
| 2007-12-31 | plant_closure | completed | 2007-01-01 | 2007-12-31 | United States | Fine Chemicals | USD 5 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Closure of Dayton, Ohio fine chemistry facility. Total pre-tax charge of $4.9 million ($3.4 million asset write-off, $1.5 million other closure costs). | ||
| 2007-09-30 | plant_closure | in_progress | Dayton, Ohio, United States | Fine Chemicals | USD 5 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | cGMP pilot plant operations to move to South Haven, Michigan; charge includes $3.4M asset write-off and $1.5M other closure costs; no employee count disclosed | ||||
| 2007-09-30 | acquisition_addition | completed | 2007-07-31 | 2007-07-31 | China | Polymer Additives | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Ownership in Ningbo Jinhai and Shanghai Jinhai JVs increased from 25% to 75%, consolidating the JVs; no headcount added disclosed | |||
| 2007-09-30 | plant_closure | completed | Dayton, Ohio | Fine Chemicals | USD 5 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Closure of Dayton, Ohio Fine Chemicals segment facility. Charge of $4.9 million relates to write-off of net asset values and other closure costs. Operations moved to South Haven, Michigan. | ||||
| 2007-09-30 | plant_closure | completed | Bergheim, Germany | Catalysts | other f5-10q / Qwen3.6-27B-Q8_0 | Elimination of postretirement medical plan in Netherlands consistent with change in law and collective bargaining. Resulted in $2.1 million pre-tax gain. | |||||
| 2007-06-30 | plant_closure | in_progress | Dayton, Ohio, United States | Fine Chemicals | USD 5 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Pre-tax charge of $4.9M ($3.1M after tax, $0.03/share) for closing the cGMP pilot plant and consolidating operations into the South Haven, Michigan facility; charge comprises $3.4M asset write-off and $1.5M other closure costs. No employee count or completion date disclosed; announcement occurred during Q2 2007 (exact date not stated). | ||||
| 2007-06-30 | plant_closure | completed | Dayton, Ohio | Fine Chemicals | USD 5 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Closure of Dayton, Ohio fine chemistry facility. Charge of $4.9 million relates to write-off of net asset values and other closure costs. Operations moved to South Haven, Michigan. | ||||
| 2007-06-30 | other | completed | Netherlands | Catalysts | USD -2 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Elimination of a postretirement medical plan in the Netherlands resulting in a gain of $2.1 million. Consistent with change in Netherlands law and collective bargaining process. | ||||
| 2006-12-31 | divestiture_reduction | completed | 2006 | 2006-08-31 | Thann, France | Fine Chemicals | USD 89 (millions) | other f5-10k / GLM-5.3-flash-HTML | Share Purchase Agreement entered in 2006 transferred all capital stock of Albemarle France SAS to International Chemical Investors S.A. for nominal consideration; the Thann potassium and chlorine facility had roughly $100 million in revenues. The charge is a loss on divestiture, principally write-off of net asset values and other exit costs ($58.4 million after tax). Note 17 and the quarterly footnote state an August 1, 2006 effective date, while Notes 2 and 15 state August 31, 2006. Headcount transferred with the business was not disclosed; three associated layoffs are captured as a separate action. | ||
| 2006-12-31 | layoff | completed | 3 | 2006 | Thann, France | Fine Chemicals | USD 1 (millions) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Layoff of three employees associated with the Thann, France facility divestiture; the workforce reduction roll-forward shows $1.0 million of net charges for 2006. No specific date within the fiscal year is disclosed. | ||
| 2006-12-31 | acquisition_addition | completed | 2006-09-30 | 2006-09-30 | South Haven, Michigan, United States | Fine Chemicals (fine chemistry services and pharmaceuticals) | USD 26 (millions) | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Acquisition of the assets and fine chemistry services and pharmaceuticals business of DSM Pharmaceutical Products (a business group of Royal DSM NV) for approximately $26.0 million, subject to final post-closing adjustments. The 26.0 figure is the purchase price, not a restructuring charge. Headcount added through the acquisition was not disclosed. | ||
| 2006-12-31 | divestiture_reduction | completed | 3 | 2006-08-01 | 2006-12-31 | France | Fine Chemicals | USD 1 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Layoff of three employees tied to divestiture of Thann, France facility to ICIG effective August 1, 2006; overall divestiture charge $89.2M ($58.4M after tax). | |
| 2006-12-31 | plant_closure | completed | 15 | 2005-12-31 | 2006-12-31 | France | Fine Chemicals | USD 2 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Layoff of fifteen employees associated with closing of Port de Bouc, France bromine facility; charge recorded in fiscal year 2006. | |
| 2006-12-31 | layoff | completed | 8 | 2005-12-31 | 2006-12-31 | United States | Fine Chemicals | USD 1 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Layoff of eight employees at Pasadena, Texas plant; charge recorded in fiscal year 2006. | |
| 2006-12-31 | acquisition_addition | completed | 2006-09-30 | 2006-09-30 | United States | Fine Chemicals | USD 26 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of DSM South Haven, Michigan fine chemistry facility for ~$26.0M; headcount added not disclosed. | ||
| 2006-12-31 | layoff | completed | 3 | 2006 | 2006 | France | Fine Chemicals | USD 1 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Layoff of three employees associated with the divestiture of the Thann, France facility. Charge of $1.0 million included in workforce reduction charges. | |
| 2006-09-30 | divestiture_reduction | completed | 2006-08-31 | 2006-08-31 | Thann, France | Fine Chemicals | USD 89 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Share Purchase Agreement transferred all capital stock of Albemarle France SAS to ICIG for nominal consideration; charge of $89.2M ($58.4M after tax) relates to write-off of net asset values and exit costs. Employee headcount transferred to new owner not disclosed; pension liability for employees transferred to buyer. | ||
| 2006-09-30 | acquisition_addition | completed | 2006-09-30 | 2006-09-30 | South Haven, Michigan, United States | Fine Chemicals | USD 25 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquired assets and fine chemistry services/pharmachemicals business of DSM Pharmaceutical Products for approximately $25.0 million; headcount added through acquisition not disclosed. | ||
| 2006-09-30 | divestiture_reduction | completed | 2006-08-31 | 2006-08-31 | France | Fine Chemicals | USD 89 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Divestiture of Thann facility to ICIG. Charge of $89.2 million recorded for write-off of net asset values and exit costs. Employee count not disclosed. | ||
| 2006-09-30 | acquisition_addition | completed | 2006-09-30 | 2006-09-30 | United States | Fine Chemicals | USD 25 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquisition of DSM Pharmaceutical Products South Haven, Michigan facility assets and business. Purchase price approx $25.0 million. Employee count not disclosed. | ||
| 2006-06-30 | plant_closure | announced | 2006-06-30 | Thann, France | Fine Chemicals | USD 100 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Consultation process with Works Council under French law regarding potential shutdown; expected pre-tax charge ~$100M excluding environmental costs. No employee count disclosed. | |||
| 2006-06-30 | plant_closure | announced | 2006-06-30 | France | Fine Chemicals | USD 100 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Initiation of consultation process for potential shutdown of Thann facility; expects pre-tax charge of approx $100M exclusive of environmental costs. | |||
| 2006-03-31 | plant_closure | announced | Thann, France | Fine Chemicals | USD 100 (millions) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Consultation process with the Works Council initiated under French law regarding potential shutdown of the potassium and chlorine facility; MD&A states a year-end 2006 shutdown is being worked toward. Expected pre-tax charge in the range of $100 million, exclusive of environmental costs. No employee count or specific announcement date disclosed. | ||||
| 2006-03-31 | plant_closure | completed | France | Fine Chemicals | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Company ceased production of bromine at its seawater bromine facility in France; no date, headcount, or charge disclosed. | |||||
| 2005-12-31 | layoff | completed | 8 | United States (Pasadena, Texas) | USD 547 (thousands) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Special charge for layoff of eight employees at the Pasadena, Texas plant in 2005; MD&A discloses this as an approximately $0.5 million workforce reduction charge, of which $0.2 million was allocated to the Fine Chemicals segment. | ||||
| 2005-12-31 | plant_closure | in_progress | 15 | 2006 | France (Port de Bouc) | Fine Chemicals — seawater bromine facility | USD 2,355 (thousands) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Workforce reduction charge for layoff of fifteen employees associated with closing the Port de Bouc, France bromine facility. MD&A separately discloses a $3.5 million charge for costs associated with the shutdown (bromine tower); 2006 Outlook states the announced shutdown of the seawater bromine facility is being implemented during 2006. | ||
| 2005-12-31 | layoff | completed | 8 | United States | Pasadena, Texas plant | USD 1 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Layoff of eight employees at the Pasadena, Texas plant; charge of $547 thousand (rounded to $0.5 million in MD&A). | |||
| 2005-12-31 | plant_closure | in_progress | 15 | France | Fine Chemicals — Port de Bouc bromine facility | USD 2 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Layoff of fifteen employees associated with the closing of the Port de Bouc, France bromine facility; MD&A cites a total $3.5 million shutdown charge, of which $2,355 thousand relates to these layoffs. Shutdown announced for 2006 implementation per 2006 Outlook. | |||
| 2005-12-31 | restructuring | completed | 8 | 2005 | 2005 | United States | Pasadena, Texas plant | USD 1 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Layoff of eight employees at Pasadena, Texas plant; charge of $547,000. | |
| 2005-12-31 | plant_closure | completed | 15 | 2005 | 2005 | France | Port de Bouc bromine facility | USD 2 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Layoff of fifteen employees associated with closing of Port de Bouc, France bromine facility; charge of $2,355,000. | |
| 2005-09-30 | plant_closure | announced | 2005-09-30 | Port de Bouc, France | Fine Chemicals — bromine production from seawater | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Company announced during the quarter it began Works Council discussions to cease seawater bromine production at the site; no headcount or charge disclosed. Announcement date approximated to quarter-end as only the quarter is specified. | ||||
| 2005-09-30 | restructuring | completed | 2005-06-29 | Corporate / All Segments | USD -5,603 (thousands) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Change in coverage for unfunded postretirement health care benefits plan effective Dec 31, 2005. Recognized curtailment gain of $5.6M (acceleration of unrecognized prior service credits). Affects future retiree medical premium subsidy for active employees. | ||||
| 2005-06-30 | layoff | completed | 53 | 2005-03-31 | Pasadena, Texas | Fine Chemicals | USD 3 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Layoffs of 53 employees at the zeolite facility amounting to $3.4 million and related curtailment charges of $0.9 million and certain other charges of $0.2 million. Disclosed as a first-quarter 2004 charge in the comparative period analysis. | ||
| 2005-03-31 | layoff | completed | 53 | 2004-03-31 | Pasadena | Fine Chemicals | USD 4,507 (thousands) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Charge of $4,507k for layoffs at former Pasadena zeolite facility, including $3,449k workforce reduction, $898k pension curtailment, and $160k relocation costs. Disclosed as a special item in Q1 2004 comparison. | ||
| 2004-12-31 | plant_closure | completed | 53 | 2004 | Pasadena, Texas, United States | Fine Chemicals - detergent zeolite business | USD 3,449 (thousands) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | First-quarter 2004 special charge for layoffs of 53 employees tied to closing the Pasadena, Texas zeolite facility. Additional 2004 charges of $1,058 thousand (relocation fees and SFAS No. 88 curtailment) and $550 thousand (facility cleanup), less a $199 thousand reversal, brought 2004 special items to $4,858 thousand; MD&A cites a $4.8 million total charge ($3.4M layoffs, $0.9M SFAS 88 curtailment, $0.5M cleanup). | ||
| 2004-12-31 | acquisition_addition | completed | 2004-07-31 | United States and Netherlands (acquired subsidiaries); global operations | Catalysts | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Acquisition of Akzo Nobel N.V.'s refinery catalysts business for ~$763 million, plus a ~$23 million post-closing working capital adjustment. Headcount of the acquired business is not quantified; the filing states substantially all employees, including all incumbent managers, were retained. | ||||
| 2004-12-31 | other | announced | 2004-12-16 | 2006-02-28 | Pasadena, Texas, United States | Reciprocal operating and service agreements with BP at the Pasadena, Texas complex (segment not specified) | MD&A f5-10k / GLM-5.3-flash-HTML | Counterparty event: BP announced it will close its linear alpha olefins plant in Pasadena, Texas by end of December 2005 and, effective February 28, 2006, terminate reciprocal operating and service agreements with Albemarle. No Albemarle headcount impact quantified; agreements generated ~$27.3 million of net payments to Albemarle in 2004, and the company is developing a mitigation plan. | |||
| 2004-12-31 | layoff | completed | 53 | 2004-03-31 | 2004-12-31 | United States — Pasadena, Texas | Fine Chemicals (detergent zeolite facility) | USD 3 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Charge recorded in first quarter 2004 for layoffs of 53 employees tied to exit from the detergent zeolite business; exact announcement date not disclosed. Related items: $0.9M SFAS No. 88 curtailment charge, $0.5M zeolite facility cleanup cost, and $1.058M relocation/curtailment expenses, partly offset by a $0.199M reversal in Q3 2004. Severance accrual balance was $0 at 2004-12-31. | |
| 2004-12-31 | voluntary_separation | completed | 2003-09-30 | 2004-03-31 | United States | Corporate / domestic salaried employees | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Program spanned fiscal 2003 and fiscal 2004; the $7.5M charge and 89 affected salaried employees were recorded in fiscal 2003 (prior year, not extracted). The fiscal 2004 portion of the program is not separately quantified in this filing. | |||
| 2004-12-31 | acquisition_addition | completed | 2004-07-31 | 2004-07-31 | United States and Netherlands (subsidiaries acquired); global operations | Catalysts (refinery catalysts business) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Akzo Nobel N.V. refinery catalysts business for approximately $763M. Filer states it retained substantially all employees of the acquired business, including all incumbent managers; headcount added not quantified. Also acquired 50% interests in three joint ventures (Brazil, Japan, France). | |||
| 2004-12-31 | acquisition_addition | completed | 2004-01-01 | 2004-01-01 | South Korea — Seoul | Polymer Additives (distribution/sales) | USD 3 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of business assets, customer lists and other intangibles of Taerim International Corporation for $3.337M; formed Albemarle Korea Corporation. Headcount added not disclosed. | ||
| 2004-12-31 | restructuring | completed | 53 | 2004-01-01 | 2004-12-31 | United States | Fine Chemicals | USD 3 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Layoffs of 53 employees at the zeolite facility in Pasadena, Texas. Charge of $3.4 million for layoffs, $0.9 million for pension curtailment, and $0.5 million for cleanup. | |
| 2004-12-31 | acquisition_addition | completed | 2004-07-31 | 2004-07-31 | Global | Catalysts | Item_1_Business f5-10k / Qwen3.6-27B-Q8_0 | Acquired refinery catalysts business of Akzo Nobel N.V. Retained substantially all employees of the acquired business, including all incumbent managers. | |||
| 2004-09-30 | layoff | completed | 53 | United States (Pasadena, Texas) | Fine Chemicals — zeolite facility | USD 4,507 (thousands) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | First-quarter 2004 charge of $4,507 thousand for layoffs of 53 employees at the zeolite facility plus related SFAS 88 curtailment charge; exact announcement date not disclosed. Company exited the zeolite business in January 2004. A second-quarter 2004 charge of $550 thousand related to cleanup of the same facility. | |||
| 2004-09-30 | acquisition_addition | completed | 2004-07-31 | United States and Netherlands (with affiliates in Brazil, Japan, France) | Catalysts segment — refinery catalysts business | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition completed July 31, 2004 for EUR 615.7 million. Company states it retained substantially all employees of the acquired business, including incumbent managers; no headcount figure disclosed. | ||||
| 2004-09-30 | layoff | completed | 53 | 2004-01-01 | 2004-03-31 | United States | Fine Chemicals | USD 4,507 (thousands) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | First-quarter 2004 charge for layoffs at the zeolite facility and related SFAS 88 curtailment charge. | |
| 2004-09-30 | plant_closure | completed | 2004-01-01 | 2004-06-30 | United States | Fine Chemicals | USD 550 (thousands) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Second-quarter 2004 charge related to the cleanup of the zeolite facility in Pasadena, Texas. | ||
| 2004-09-30 | acquisition_addition | completed | 2004-07-31 | 2004-07-31 | Global | Catalysts | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquired refinery catalysts business; retained substantially all employees of the acquired business. | |||
| 2004-06-30 | layoff | completed | 53 | United States (Pasadena plant) | Fine Chemicals — zeolite facility | USD 3,449 (thousands) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | First-quarter 2004 layoffs of 53 employees at the Pasadena plant zeolite facility; workforce reduction charges of $3,449 thousand plus related SFAS 88 curtailment charges of $898 thousand and other charges of $160 thousand (total special item $4,507 thousand, $2,871 thousand after taxes). Facility assets were idled; remaining accrual of $743 thousand to be paid during 2004. | |||
| 2004-06-30 | acquisition_addition | completed | 2004-07-16 | 2004-07-31 | Netherlands and United States | Catalyst (new third reportable segment) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Akzo Nobel's refinery catalyst business completed July 31, 2004 for EUR 615.7 million (approximately $763 million) cash; no headcount disclosed. Business to be operated as a new Catalyst segment; not expected to be accretive to earnings for the balance of 2004 due to integration and financing expenses. | |||
| 2004-06-30 | acquisition_addition | completed | 2004-01-01 | 2004-01-01 | South Korea (Seoul) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Effective January 1, 2004 the Company acquired the business assets, customer lists and other intangibles of Taerim International Corporation (formerly Albemarle's Korean distributor) and formed Albemarle Korea Corporation; purchase price $3,337 thousand. No employee count disclosed. | ||||
| 2004-06-30 | restructuring | in_progress | 53 | Pasadena | Fine Chemicals | USD 4,500 (thousands) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Layoff of 53 employees at Pasadena plant zeolite facility; includes $0.9M pension curtailment and $0.6M cleanup costs. | |||
| 2004-06-30 | restructuring | in_progress | USD 3,449 (thousands) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Workforce reduction charges incurred in the period; employee count not explicitly disclosed in footnote. | ||||||
| 2004-03-31 | layoff | in_progress | 53 | 2004-02 | 2004-12-31 | United States (Pasadena, Texas) | Fine Chemicals — Pasadena plant zeolite facility | USD 4,507 (thousands) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Special item charge of $4,507 ($2,871 after income taxes) covering the layoff of 53 employees plus a related SFAS No. 88 pension curtailment charge of $898. Accrual roll-forward (shared with 2003 voluntary separation programs): beginning $1,193, workforce reduction charges net $3,449, payments $(2,624), overaccrual reversal $(519), ending $1,499; remaining 2004 amount to be paid during the year. MD&A notes fixed costs at the zeolite plant were significantly reduced by end of February 2004, with estimated earnings effect of one to two cents per quarter. | |
| 2004-03-31 | acquisition_addition | completed | 2004-01-01 | 2004-01-01 | South Korea (Seoul) | Fine Chemicals (former Korean distributor) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Effective 2004-01-01, acquired business assets, customer lists and other intangibles of Taerim International Corporation (former Korean distributor) and formed Albemarle Korea Corporation. Purchase price ~$600 cash plus $2,400 payables over five years on a discounted basis; no headcount transferred disclosed. Final purchase price allocation to be completed in Q2 2004. | |||
| 2004-03-31 | acquisition_addition | announced | 2004-04-19 | 2004-06-30 | Global (Netherlands-based seller) | Polymer Chemicals — petroleum refining catalysts business | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Announced 2004-04-19 intent to acquire Akzo Nobel N.V.'s refinery catalysts business for 625 million euros in cash, subject to Works Council advice and regulatory approvals; expected to close Q2 2004, financed initially via new senior credit facility and bridge loan. Target had 2003 sales of ~$406 million plus $160 million in three 50%-owned JVs. No employee count disclosed; MD&A notes the integration will add employees and facilities in The Netherlands. | |||
| 2004-03-31 | layoff | completed | 53 | 2004-03-31 | 2004-03-31 | Pasadena | Fine Chemicals | USD 4,507 (thousands) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Layoff of 53 employees at Pasadena plant zeolite facility; includes $0.9M pension curtailment charge. | |
| 2003-12-31 | voluntary_separation | completed | 89 | 2003 | Salaried employees across Polymer Chemicals, Fine Chemicals and Corporate | USD 7,503 (thousands) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Voluntary separation program executed during 2003 affecting 89 salaried employees; charge recorded in Q3 2003 per Note 19. Of the charge, $6,861 thousand was paid in 2003 and $210 thousand was reversed to income, leaving a $1,193 thousand accrual expected to be paid in 2004. Charge was allocated approximately $2.9M to Polymer Chemicals, $1.8M to Fine Chemicals and $2.8M to Corporate. Prior-year 2002 and 2001 separation programs excluded as comparative. | |||
| 2003-12-31 | acquisition_addition | completed | 2003-01-21 | Polymer Chemicals — fuel and lubricant antioxidants | Item_1_Business f5-10k / GLM-5.3-flash-HTML | Asset purchase of working capital, patents and other intellectual property from Ethyl Corporation for approximately $27 million cash ($26,579 thousand per Note 16); no facilities or headcount impact disclosed. | |||||
| 2003-12-31 | acquisition_addition | completed | 2003-07-23 | United Kingdom (Avonmouth production site acquired) | Polymer Chemicals — phosphorus-based polyurethane flame retardants | Item_1_Business f5-10k / GLM-5.3-flash-HTML | Acquired Rhodia's phosphorus-based polyurethane flame retardants business for approximately $80 million cash ($80,024 thousand per Note 16), including the Avonmouth, UK production site; headcount impact not disclosed. | ||||
| 2003-12-31 | acquisition_addition | completed | 2003-12-02 | France (Port de Bouc production site transferred) | Fine Chemicals — bromine fine chemicals | Item_1_Business f5-10k / GLM-5.3-flash-HTML | Acquired Atofina's bromine fine chemicals business for approximately $11 million ($11,164 thousand per Note 16), including working capital and transfer of the Port de Bouc, France production site; headcount impact not disclosed. | ||||
| 2003-12-31 | acquisition_addition | completed | 2004-01-01 | South Korea (Seoul) | Polymer Chemicals — polymer additives (Korean distribution and marketing) | Item_1_Business f5-10k / GLM-5.3-flash-HTML | Subsequent to the fiscal 2003 period end: acquired business assets, customer lists and other intangibles of Taerim International Corporation, the company's Korean distributor for twelve years, effective January 1, 2004, forming Albemarle Korea Corporation; purchase price and headcount impact not disclosed. | ||||
| 2003-12-31 | plant_closure | completed | 2004-01 | United States | Fine Chemicals — zeolites unit (US detergent builders) | MD&A f5-10k / GLM-5.3-flash-HTML | Zeolites unit serving the US domestic detergent builders industry was idled in January 2004, after the fiscal 2003 period end; company evaluating alternative uses for the asset. Workforce impact not disclosed. | ||||
| 2003-12-31 | voluntary_separation | in_progress | 89 | 2004-12-31 | United States | Salaried employees across certain facilities | USD 7,503 (thousands) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | 2003 voluntary separation program impacting 89 salaried employees; $6,861 thousand paid during 2003, remaining accrual of $1,193 thousand expected to be paid in 2004. Segment allocations of this same program ($2.9M Polymer Chemicals, $1.8M Fine Chemicals, $2.758M Corporate) are components of, not additions to, this charge. | ||
| 2003-12-31 | acquisition_addition | completed | 2003-01-21 | 2003-01-21 | United States | Polymer Chemicals — fuel and lubricant antioxidants | USD 26,579 (thousands) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Ethyl Corporation's fuel and lubricant antioxidants working capital, patents and IP; purchase price shown, headcount added not disclosed. | ||
| 2003-12-31 | acquisition_addition | completed | 2003-07-23 | 2003-07-23 | United Kingdom / United States | Polymer Chemicals — phosphorus flame retardants | USD 80,024 (thousands) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Rhodia's organophosphorus and ammonium polyphosphate flame retardants business including Avonmouth, UK production site; headcount added not disclosed. | ||
| 2003-12-31 | acquisition_addition | completed | 2003-12-02 | 2003-12-02 | France | Fine Chemicals — bromine fine chemicals | USD 11,164 (thousands) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Atofina's bromine fine chemicals business including Port de Bouc production site; headcount added not disclosed. | ||
| 2003-12-31 | other | announced | 2004-01 | United States | Fine Chemicals — zeolites / detergent builders unit | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Subsequent event: zeolites unit serving U.S. domestic detergent builders industry idled in January 2004; company evaluating alternative uses for the asset. No workforce reduction quantified. | ||||
| 2003-12-31 | voluntary_separation | completed | 89 | 2003-12-31 | 2004-12-31 | Global | Corporate and Other | USD 8 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Program impacted 89 salaried employees. Charge of $7.5 million recorded in 2003. Ending accrual balance of $1.2 million expected to be paid in 2004. | |
| 2003-09-30 | voluntary_separation | in_progress | 89 | United States | Salaried employees, company-wide | USD 7,503 (thousands) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Charge recorded in Q3 2003; $4,780 thousand after income taxes. Accrual roll-forward: $761 beginning, $7,503 charge, $(2,678) payments, $(210) reversed, $5,376 ending at 2003-09-30; remaining balance to be paid over the next 2 quarters. Charge allocated by segment: Polymer Chemicals $2,931, Fine Chemicals $1,814, Corporate and other $2,758 (employee counts not allocated by segment). Announcement date not disclosed. | |||
| 2003-09-30 | acquisition_addition | completed | 72 | 2003-07-23 | United Kingdom and United States | Polymer Chemicals — phosphorus-based polyurethane flame retardants | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition closed 2003-07-23 for approximately $80 million cash; 72 employees transferred with the Avonmouth, UK production site and related supply contracts. Purchase price is not a workforce-related charge. | |||
| 2003-09-30 | acquisition_addition | announced | 2003-10-23 | France | Fine Chemicals — bromine fine chemicals | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Announced intention to acquire Atofina S.A.'s bromine fine chemicals business (Port de Bouc, France); expected completion in Q4 2003 subject to union consultation and regulatory approvals. No employee count disclosed. | ||||
| 2003-09-30 | voluntary_separation | in_progress | 89 | 2003-07-01 | 2003-12-31 | United States | Salaried employees throughout the Company | USD 7,503 (thousands) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Voluntary separation program impacting 89 salaried employees. Charge of $7.5 million recorded in Q3 2003. Remaining accrual of $5.376 million to be paid in next 2 quarters. | |
| 2003-09-30 | acquisition_addition | completed | 72 | 2003-07-23 | 2003-07-23 | United Kingdom | Polymer Chemicals (Flame Retardants) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquisition of Rhodia's phosphorus-based polyurethane flame retardants businesses. 72 employees joined Albemarle. | ||
| 2003-06-30 | acquisition_addition | announced | 75 | 2003-07-24 | United Kingdom | Polymer Chemicals | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Approximately 75 employees transferring with Rhodia's global organophosphorus and ammonium polyphosphate flame retardants business, including a production site in Avonmouth, UK. | |||
| 2003-06-30 | restructuring | completed | 18 | 2002-01-01 | 2003-06-30 | Global | Salaried employees | USD 1,550 (thousands) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2002 program impacted 18 salaried employees. Total charges were $850k (Q1 2002) and $700k (Q4 2002). Accrual balance reduced to $28k by June 30, 2003 via payments and reversals. | |
| 2003-06-30 | acquisition_addition | completed | 75 | 2003-07-24 | 2003-07-24 | United Kingdom | Polymer Chemicals | subsequent_events f5-10q / Qwen3.6-27B-Q8_0 | Acquisition of Rhodia's organophosphorus and ammonium polyphosphate flame retardants business closed July 24, 2003. About 75 employees joined Albemarle. | ||
| 2003-03-31 | restructuring | completed | 12 | 2003-01-01 | 2003-03-31 | Global | Salaried employees throughout the Company | USD 850 (thousands) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Involuntary separation program impacting 12 salaried employees; net charge of $850k after reversal of prior accruals. | |
| 2002-12-31 | reduction_in_force | completed | 18 | Salaried employees across the Company | USD 1,550 (thousands) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Filer describes a cost-reduction separation program affecting 18 salaried employees in 2002. Note 18 shows the charge was split between Q1 ($850 thousand) and Q4 ($700 thousand) workforce reduction programs at certain facilities. Ending severance accrual of $761 thousand expected to be paid in 2003. Filer does not specify whether separations were voluntary or involuntary. | ||||
| 2002-12-31 | restructuring | completed | 18 | 2002-01-01 | 2002-12-31 | United States | Salaried employees across the Company | USD 1,550 (thousands) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | 2002 workforce reduction program impacting 18 salaried employees; charge of $1,550 thousand recorded in 2002. Accrual balance of $761 thousand expected to be paid in 2003. Program split into two quarterly charges: $850 thousand in Q1 and $700 thousand in Q4 (per Note 18). | |
| 2002-12-31 | restructuring | completed | 18 | 2002 | USD 2 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Separation program impacting 18 salaried employees with a special charge of $1,550 thousand. | ||||
| 2002-12-31 | restructuring | completed | 18 | United States | Salaried employees | USD 1,550 (thousands) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | 2002 separation program; charge recorded in Q1 ($850K) and Q4 ($700K). Accrual of $761K remained at year-end, expected to be paid in 2003. | |||
| 2002-12-31 | acquisition_addition | completed | 2003-01-21 | 2003-01-21 | United States | Polymer Chemicals — fuel and lubricant antioxidants | USD 27 (millions) | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Ethyl's antioxidants working capital, patents and IP for $27M cash plus up to $1.5M contingent; headcount not disclosed. | ||
| 2002-12-31 | restructuring | completed | 18 | 2002 | USD 1,550 (thousands) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Separation program impacting 18 salaried employees. Charge of $1,550 thousand. | ||||
| 2002-09-30 | restructuring | completed | 12 | 2002-01-01 | United States | Corporate / Salaried | USD 850 (thousands) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Program continued from prior year; total 2002 charge $1,114K less $264K over-accrual from prior year = $850K net charge ($541K after tax, ~1 cent/diluted share). Approximately $36K of accrual unpaid at quarter end. | ||
| 2002-09-30 | restructuring | completed | 12 | 2002-01-01 | 2002-03-31 | Global | Salaried employees throughout the Company | USD 850 (thousands) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | First quarter 2002 involuntary separation program impacting 12 salaried employees. Net charge of $850 thousand after prior year over-accrual reversal. | |
| 2002-06-30 | reduction_in_force | completed | 12 | Global | Salaried employees across the Company | USD 850 (thousands) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Occurred during Q1 2002 as part of ongoing cost reduction efforts; total assumed charge of $1,114 thousand less $264 thousand over-accrual from prior-year accruals equals the $850 thousand net charge ($541 thousand after taxes, 1 cent per diluted share). Approximately $900 thousand of the accrual was paid during the six months ended June 30, 2002. Announcement date not disclosed. | |||
| 2002-06-30 | restructuring | completed | 12 | 2002-03-31 | 2002-06-30 | Global | Salaried employees | USD 850 (thousands) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Special charge of $850k for involuntary separation of 12 salaried employees; part of ongoing cost reduction efforts. | |
| 2002-03-31 | restructuring | in_progress | 12 | Company-wide | Salaried employees across the Company | USD 850 (thousands) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Continuation of an involuntary separation program begun in 2001; gross 2002 charge of $1,114 thousand less $264 thousand over-accrual from prior-year accruals equals the $850 thousand net charge ($541 thousand after tax, 1 cent per diluted share). Approximately $733 thousand of the accrual was paid in Q1 2002. Announcement date and completion date not disclosed. Also referenced in MD&A as a $0.9 million workforce-reduction charge (same event, not double-counted). | |||
| 2002-03-31 | reduction_in_force | in_progress | Germany | Martinswerk GmbH (Fine Chemicals) — planned workforce reduction | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Purchase price allocation remains open pending determination of an accrual for a planned workforce reduction in Germany, including valuation and participant count; to be finalized by 2002-05-31. No employee count or charge amount disclosed. | |||||
| 2002-03-31 | restructuring | completed | 12 | 2002-01-01 | 2002-03-31 | Global | Salaried employees throughout the Company | USD 850 (thousands) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Involuntary separation program impacting 12 salaried employees. Net charge of $850k after reversing $264k over-accrual from prior year. | |
| 2001-12-31 | reduction_in_force | in_progress | 26 | 2001 | Company-wide | USD 2 (millions) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Involuntary separation program executed in Q4 2001 affecting 26 salaried employees company-wide; special charge of $2,051 thousand ($1,306 after tax) with no amounts paid during 2001, so severance remained accrued at year-end. Item 1 states the company expects to recover the costs in about one year (cost recovery, not program completion). | |||
| 2001-12-31 | acquisition_addition | completed | 2001-05-31 | Germany (Bergheim); Austria (50% stake in Magnifin Magnesiaprodukte GmbH) | Mineral-based flame retardants, specialty aluminum oxides, and magnesium hydroxide products | USD 34 (millions) | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Acquisition of Martinswerk GmbH completed May 31, 2001 for ~$34 million cash plus expenses, with assumption of ~$55 million in current and long-term liabilities; financed via existing Credit Agreement. Headcount added through the acquisition not disclosed. Purchase price is transaction consideration, not a severance charge. | |||
| 2001-12-31 | acquisition_addition | completed | 2001-07-01 | United States (Tyrone, Pennsylvania; Dayton, Ohio) | Fine Chemicals — custom and proprietary fine chemicals and UV light-cured coatings additives | USD 79 (millions) | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Acquisition of ChemFirst Inc.'s custom and fine chemicals businesses completed July 1, 2001 for ~$79 million cash plus expenses and assumption of certain current liabilities; contingent consideration of up to $10 million possible. Headcount added through the acquisition not disclosed. Purchase price is transaction consideration, not a severance charge. | |||
| 2001-12-31 | reduction_in_force | announced | 2001 | Germany (Bergheim) | Martinswerk GmbH — mineral-based flame retardants and specialty aluminum oxides | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Decision made to reduce staffing levels at the acquired Martinswerk operation, with business operations and personnel requirements still under evaluation at December 31, 2001; headcount impact not quantified and Martinswerk purchase price allocation remained open pending this decision. | ||||
| 2001-12-31 | restructuring | completed | 26 | 2001-10-01 | 2002-12-31 | Global | Salaried employees across the Company | USD 2 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Involuntary separation program in Q4 2001; $1.3M after taxes, 3 cents per diluted share. No amounts paid during 2001; Company expects cost recovery in approximately one year. | |
| 2001-12-31 | acquisition_addition | completed | 2001-05-31 | 2001-05-31 | Germany | Polymer Chemicals / Fine Chemicals | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Martinswerk GmbH for approximately $34M cash plus assumption of ~$55M liabilities; headcount added not disclosed. Company noted decision to reduce staffing levels at acquired operations. | |||
| 2001-12-31 | acquisition_addition | completed | 2001-07-01 | 2001-07-01 | United States | Fine Chemicals | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of ChemFirst Inc. custom and fine chemicals businesses for approximately $79M cash; headcount added not disclosed. | |||
| 2001-12-31 | reduction_in_force | completed | 26 | 2001-Q4 | Worldwide | Salaried employees | USD 2 (millions) | Item_1_Business f5-10k / Qwen3.6-27B-Q8_0 | Involuntary separation program in Q4 2001 impacting 26 salaried employees; special charge of $2.1 million. | ||
| 2001-12-31 | reduction_in_force | in_progress | 26 | United States | Corporate / salaried employees throughout the Company | USD 2,051 (thousands) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Involuntary separation program executed in Q4 2001 as part of ongoing operating-cost reduction; charge of $2,051 thousand ($1,306 thousand after tax, 3 cents diluted EPS). No amounts were paid during 2001, so program payments extend into 2002. Announcement date stated only as fourth quarter of 2001. | |||
| 2001-12-31 | acquisition_addition | completed | 2001-05-31 | Germany (Bergheim); Austria (St. Jakobs/Breitenau) | Fine Chemicals — flame retardants, pigments, specialty aluminum oxides | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Martinswerk GmbH (incl. 50% stake in Magnifin Magnesiaprodukte GmbH) for approximately $34,000 thousand cash plus expenses and assumption of approximately $55,000 thousand liabilities. Headcount added not disclosed; filing states management decided to reduce staffing levels while still evaluating operations and personnel requirements. | ||||
| 2001-12-31 | acquisition_addition | completed | 2001-07-01 | United States (Tyrone, PA; Dayton, OH) | Fine Chemicals — custom and fine chemicals for pharmaceutical and life sciences | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of ChemFirst Inc. custom and fine chemicals businesses for approximately $79,000 thousand cash plus expenses, with contingent payments not expected to exceed $10,000 thousand. Headcount added not disclosed. | ||||
| 2001-12-31 | reduction_in_force | completed | 26 | 2001-Q4 | Global | Salaried | USD 2,051 (thousands) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Involuntary separation program in Q4 2001 impacting 26 salaried employees. Charge of $2,051 thousand. No amounts paid during 2001. | ||
| 2001-09-30 | acquisition_addition | completed | 2001-05-31 | 2001-05-31 | Germany (Bergheim); Austria (St. Jakobs Breitenau) | Fine Chemicals / Polymer Chemicals (flame retardants, pigments, specialty aluminum oxides) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Martinswerk GmbH and its 50-percent stake in Magnifin Magnesiaprodukte GmbH; no employee headcount added disclosed in the filing. | |||
| 2001-09-30 | acquisition_addition | completed | 2001-07-01 | 2001-07-01 | United States (Tyrone, PA; Dayton, OH) | Fine Chemicals (custom and fine chemicals for pharmaceutical and life sciences industries) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of ChemFirst Inc. custom and fine chemicals businesses for approximately $79 million cash; no employee headcount added disclosed in the filing. | |||
| 2001-06-30 | acquisition_addition | completed | 2001-05-31 | 2001-05-31 | Germany (Bergheim); Austria (St. Jakobs Breitenau, via 50% stake in Magnifin) | Polymer Chemicals (flame retardants, brightening pigments, specialty aluminum oxides) | USD 45 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Purchase price plus accrued costs of $45,375 thousand plus assumed liabilities; no employee headcount disclosed for the acquired workforce. | ||
| 2001-06-30 | acquisition_addition | announced | 2001-07-01 | 2001-07-01 | United States (Tyrone, Pennsylvania; Dayton, Ohio) | Fine Chemicals (custom/proprietary fine chemicals, pharmaceutical and life sciences services); UV-cure additives for Polymer Chemicals | USD 79 (millions) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Completed in early July 2001, financed under the Revolving Credit Agreement; contingent payments not expected to exceed $10 million; no employee headcount disclosed. | ||
| 2001-03-31 | acquisition_addition | announced | 2001-04-27 | 2001-05-31 | Germany (Bergheim); Austria (St. Jakobs/Breitenau) | Polymer Chemicals (flame retardants, pigments, specialty aluminum oxides) | USD 44 (millions) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Agreement in principle to purchase Martinswerk GmbH for approximately $44 million; no employee headcount disclosed for the acquired business. Purchase price is not a workforce-related charge. | ||
| 2000-12-31 | restructuring | completed | 76 | 2000-12-01 | United States | Various | USD 7 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Voluntary separation offers to 76 salaried and wage employees; $4.367M after income taxes; Company expected cost recovery in approximately one year | ||
| 2000-12-31 | acquisition_addition | completed | 2000-06-29 | France | Polymer Chemicals — Flame Retardants | USD 35 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Ferro Corporation's PYRO-CHEK flame retardant business including Port-de-Bouc plant; headcount not disclosed | |||
| 2000-12-31 | voluntary_separation | completed | 76 | 2000-12-31 | 2000-12-31 | Worldwide | Various | USD 7 (millions) | Item_1_Business f5-10k / Qwen3.6-27B-Q8_0 | Fourth quarter 2000 voluntary separation offers impacting 76 salaried and wageroll employees; $6.9 million charge. | |
| 2000-09-30 | restructuring | completed | 85 | United States | Certain Company facilities | USD 7 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Work-force reduction program affecting 85 salaried and wage-roll employees; $6.6M charge for nine months ended 1999-09-30 ($852K in Q3 1999). Prior-period program referenced in current filing; no new 2000-period RIF disclosed. | |||
| 2000-09-30 | acquisition_addition | completed | 2000-06-29 | France | Polymer Chemicals — flame retardants (PYRO-CHEK) | USD 33 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquired from Ferro Corporation including a plant at Port-de-Bouc, France; purchase price $33.0M cash outflow per cash flow statement. Headcount added not disclosed. | |||
| 2000-09-30 | restructuring | completed | 85 | USD 6,631 (thousands) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Work-force reductions at certain facilities impacting 85 salaried and wageroll employees. Charge relates to nine months ended Sept 30, 1999, but disclosed in current filing for context/comparison. | |||||
| 2000-09-30 | acquisition_addition | completed | 2000-06-29 | France | Polymer Chemicals | USD 33,000 (thousands) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquired PYRO-CHEK flame retardant business and plant at Port-de-Bouc, France from Ferro Corporation. Headcount not disclosed. | |||
| 2000-06-30 | acquisition_addition | completed | 2000-06-29 | France | Polymer Chemicals — flame retardants | USD 33,000 (thousands) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Purchase price shown is cash outflow for the acquisition; no employee count disclosed. Purchase price subject to adjustments based on certain contingencies. | |||
| 2000-06-30 | restructuring | completed | 74 | 1999-04-01 | Baton Rouge, Louisiana; Pasadena, Texas | Administrative offices; Plant operations | USD 5,779 (thousands) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Work-force reductions impacting 74 salaried and wageroll employees. Charge incurred in Q2 1999, referenced in Q2 2000 MD&A as prior-period impact. | ||
| 2000-03-31 | restructuring | completed | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Work-force reductions effected during the last three quarters of 1999 resulted in benefits of approximately $2 million in Q1 2000 and lower employee-related costs. | |||||||
| 2000-03-31 | restructuring | in_progress | USD 1 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Corporate and other expenses increased by $0.7 million primarily due to additional manpower reduction costs incurred in the 2000 period. | ||||||
| 1999-12-31 | voluntary_separation | completed | 122 | Company-wide (various employees throughout the Company) | Various — Polymer Chemicals, Fine Chemicals, and Corporate | USD 10,692 (thousands) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Special charges incurred during the last three quarters of 1999 (Q2 $5,779; Q3 $852; Q4 $4,061 thousand per Note 15) from voluntary separation offers accepted by 122 salaried and wageroll employees; after-tax charge $6,717 (about 14 cents diluted EPS). MD&A allocates charges by segment: $4.6M Polymer Chemicals, $4.7M Fine Chemicals, $1.4M Corporate. Includes a $713 pension curtailment/special termination benefits charge per Note 11. Company expects to recover costs in approximately one year. | |||
| 1999-12-31 | acquisition_addition | announced | 2000-01-20 | France (Port-de-Bouc plant) | Polymer Chemicals — flame retardants | subsequent_events f5-10k / GLM-5.3-flash-HTML | Agreement in principle with Ferro Corporation to purchase the PYRO-CHEK flame retardant business along with an operating plant; no employee counts disclosed and transaction not completed as of the filing date. | ||||
| 1999-12-31 | voluntary_separation | completed | 122 | United States and international operations | Company-wide (salaried and wage roll employees) | USD 11 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Voluntary separation offers incurred over the last three quarters of 1999; $6.717M after taxes (14 cents per diluted share). Company expected to recover costs in approximately one year. Charge split across segments: Polymer Chemicals $4.6M, Fine Chemicals $4.7M, Corporate $1.4M per MD&A. | |||
| 1999-12-31 | divestiture_reduction | completed | 1999-05-01 | 1999-05-31 | United Kingdom | Investment in Albright & Wilson plc shares sold to ISPG Plc | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of 58,394,049 Albright & Wilson shares acquired via tender offer in March 1999; no headcount impact disclosed. Gain of $22.054M recorded. | |||
| 1999-12-31 | acquisition_addition | completed | 1998-10-30 | 1998-10-30 | United Kingdom | Fine Chemicals — Teesport operations (Hodgson Specialty Chemicals division of BTP plc) | USD 15 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition completed October 30, 1998 (prior fiscal year); no headcount added disclosed. Included for completeness as it appears in the current filing. | ||
| 1999-12-31 | other | announced | 2000-01-20 | France | Polymer Chemicals — PYRO-CHEK flame retardant business of Ferro Corporation | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Agreement in principle announced January 20, 2000 to purchase Ferro's PYRO-CHEK flame retardant business and Port-de-Bouc, France plant; no headcount disclosed. | ||||
| 1999-12-31 | voluntary_separation | completed | 122 | 1999-07-01 | 1999-12-31 | Worldwide | Various | USD 11 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Special charges of $10.7 million resulting primarily from voluntary separation offers made to various employees throughout the Company during the last three quarters of 1999. | |
| 1999-09-30 | voluntary_separation | in_progress | 85 | United States | USD 6,631 (thousands) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Consolidated nine-month total for work-force reduction programs at certain facilities; MD&A attributes the Q3 portion to voluntary work-force reductions at the Orangeburg plant. Programs ran in Q2 and Q3 1999; expected annual pre-tax savings of about $6 million. | ||||
| 1999-09-30 | voluntary_separation | announced | 20 | 1999-10-04 | United States (Baton Rouge, Louisiana) | Research & Development | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Voluntary separation offer to eligible U.S. salaried R&D employees announced after quarter-end; filer states at least 20 R&D positions expected to be reduced in Baton Rouge. Part of a broader R&D cost-reduction effort; some acceptors had already left while others were asked to stay for transition. | |||
| 1999-09-30 | restructuring | completed | 85 | United States | Various facilities | USD 6,631 (thousands) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Work-force reduction programs impacting 85 salaried and wage employees. Total charge of $6.6 million for the nine months ended Sept 30, 1999. | |||
| 1999-09-30 | voluntary_separation | announced | 20 | 1999-10-04 | Baton Rouge, United States | Research & Development | subsequent_events f5-10q / Qwen3.6-27B-Q8_0 | Voluntary separation offer to eligible U.S. salaried R&D employees. Anticipated reduction of at least 20 positions. | |||
| 1999-06-30 | restructuring | completed | 74 | 1999-06-30 | United States (Baton Rouge, Louisiana; Pasadena, Texas) | Administrative offices and Pasadena, Texas plant | USD 5,779 (thousands) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Work-force reduction program affecting 74 salaried and wage-roll employees; charge of $5,779 thousand ($3,587 thousand after income taxes). Company anticipates future annual pre-tax operating cost savings of approximately $5 million. Segment allocation disclosed in MD&A: approximately $2.9 million to Polymer Chemicals and approximately $2.9 million to Fine Chemicals. | ||
| 1999-06-30 | restructuring | completed | 74 | 1999-06-30 | Baton Rouge, Louisiana; Pasadena, Texas | Administrative offices; Plant operations | USD 5,779 (thousands) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Work-force reductions impacting 74 salaried and wageroll employees. Charge of $5.8 million ($3.6 million after tax). Expected annual operating cost savings of approximately $5 million. | ||
| 1999-03-31 | other | announced | 2 | 1999-04-13 | United States (Orangeburg, South Carolina) | Manufacturing plant operations | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Explosion at the Orangeburg, SC plant resulted in two fatalities; cause under investigation with OSHA and state agency involvement. No significant property damage to production facilities. Count reflects fatalities, not separations. | |||
| 1998-12-31 | acquisition_addition | completed | 1998-10-30 | 1998-10-30 | United Kingdom (Teesport) | Fine Chemicals | USD 15 (millions) | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Acquisition of the Teesport operations of the Hodgson Specialty Chemicals division of BTP plc via newly created subsidiary Albemarle UK Limited; price allocated mainly to property, plant and equipment, goodwill and inventory. Number of employees acquired was not disclosed. | ||
| 1998-12-31 | acquisition_addition | announced | 1999-03 | United Kingdom | USD 124 (millions) | subsequent_events f5-10k / GLM-5.3-flash-HTML | Commitments entered into to acquire approximately 58,394,000 shares of an unnamed United Kingdom chemicals company for approximately $123.84 million, to be funded with additional advances under the existing revolving credit agreement. No workforce or headcount details disclosed. | ||||
| 1998-12-31 | acquisition_addition | completed | 1998-10-30 | 1998-10-30 | United Kingdom | Fine Chemicals | USD 15 (millions) | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Teesport operations of Hodgson Specialty Chemicals division of BTP plc; headcount not disclosed | ||
| 1998-12-31 | other | announced | 1999-03-01 | United Kingdom | USD 124 (millions) | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Tender offer for approximately 58,394,000 shares of a UK chemicals company; headcount impact not disclosed | ||||
| 1998-12-31 | restructuring | completed | 1998 | Global | Corporate | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Company implemented concerted efforts to reach total Company benchmark SG&A rate of 15% of net sales, resulting in lower outside consulting costs. | ||||
| 1998-12-31 | acquisition_addition | completed | 1998-10-30 | United Kingdom | Fine Chemicals | USD 15 (millions) | Item_1_Business f5-10k / Qwen3.6-27B-Q8_0 | Acquired Teesport, United Kingdom, operations of Hodgson Specialty Chemicals division of BTP plc for approximately $15.2 million. | |||
| 1998-09-30 | acquisition_addition | completed | 1998-10-30 | 1998-10-30 | United Kingdom | Custom manufacturing and oilfield chemicals | USD 14 (millions) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquired Teesport operations of Hodgson Specialty Chemical division of BTP plc through newly created Albemarle UK Limited; purchase price approximately $14 million. No employee count disclosed. | ||
| 1997-12-31 | restructuring | completed | 1997-07-24 | 1997-10-01 | Global | Polymer Chemicals; Fine Chemicals | Item_1_Business f5-10k / GLM-5.3-flash-HTML | Realignment of global business units into Polymer Chemicals and Fine Chemicals divisions, effective October 1, 1997 (expected_completion_date reflects the stated effective date). No headcount impact, severance, or associated charge disclosed. Note: the March 1, 1996 divestiture of the Olefins Business (transfer of approximately 550 people and a related early-retirement/work-force reduction program) occurred in fiscal 1996 and is therefore excluded as a prior-year action. | |||
| 1997-12-31 | divestiture_reduction | completed | 550 | 1996-03-01 | 1996-03-01 | United States, Belgium | Olefins Business | Item_1_Business f5-10k / Qwen3.6-27B-Q8_0 | Sale of Olefins Business to Amoco involved transfer of approximately 550 people. | ||
| 1997-12-31 | voluntary_separation | completed | 1996-03-01 | Global | Salaried employees | Item_1_Business f5-10k / Qwen3.6-27B-Q8_0 | Early-retirement and work-force reduction program for certain salaried employees implemented in connection with Olefins Business sale. | ||||
| 1997-09-30 | divestiture_reduction | completed | 550 | 1996-03-01 | 1996-03-01 | Pasadena, Texas; Deer Park, Texas; Feluy, Belgium | Olefins Business | USD 44 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Sale of Olefins Business to Amoco involved transfer of approx. 550 people. Costs included early retirements, work-force reductions, and abandonment. | |
| 1997-09-30 | acquisition_addition | completed | 1997-03-31 | 1997-03-31 | Takaishi City, Osaka, Japan | Nippon Aluminum Alkyls, Ltd. (NAA) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquired 50% of NAA. No headcount disclosed. | |||
| 1997-06-30 | divestiture_reduction | completed | 550 | 1996-03-01 | 1996-03-01 | Pasadena, Texas; Deer Park, Texas; Feluy, Belgium | Olefins Business | USD 44,300 (thousands) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Sale of Olefins Business to Amoco involved approximately 550 people. Costs included early retirements, work-force reductions, and abandonment costs. | |
| 1997-06-30 | acquisition_addition | completed | 1997-03-31 | 1997-03-31 | Takaishi City, Osaka, Japan | Nippon Aluminum Alkyls, Ltd. (NAA) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquired 50% of NAA. No headcount disclosed. | |||
| 1997-03-31 | acquisition_addition | completed | 1997-03-31 | 1997-03-31 | Japan | Specialty Chemicals — organometallic catalysts | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Albemarle acquired 50% of Nippon Aluminum Alkyls, Ltd. for cash; no headcount impact disclosed. Impact described as immaterial to consolidated results. | |||
| 1997-03-31 | divestiture_reduction | completed | 550 | 1996-03-01 | 1996-03-01 | United States; Belgium | Olefins Business (alpha olefins, poly alpha olefins, synthetic alcohols) | USD 44 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale to Amoco Chemical Company completed March 1, 1996; approximately 550 employees transferred. Referenced as background in this filing; event predates the reporting quarter. Related costs included early retirements and work-force reductions. | |
| 1997-03-31 | acquisition_addition | completed | 1997-03-31 | 1997-03-31 | Japan | Organometallic catalysts | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquired 50% of Nippon Aluminum Alkyls, Ltd. (NAA); headcount impact immaterial. | |||
| 1996-12-31 | divestiture_reduction | completed | 550 | 1996-03-01 | 1996-03-01 | United States (Pasadena, Texas and Deer Park, Texas) and Feluy, Belgium | Olefins Business (alpha olefins, poly alpha olefins and synthetic alcohols) | USD 6 (millions) | Item_1_Business f5-10k / GLM-5.3-flash-HTML | Sale of the Olefins Business to Amoco closed March 1, 1996; approximately 550 supporting employees transferred with the business. Associated charge is the FASB Statement No. 88 one-time pension curtailment loss and special termination benefits recognized in 1996 reflecting the transfer of these employees; it was included in the net gain on the sale, which per Note 12 was net of $44.3 million of sale-related costs (see related early-retirement/work-force reduction record; do not sum the two charges). | |
| 1996-12-31 | voluntary_separation | completed | 1996-03-01 | Certain salaried employees | USD 44 (millions) | Item_1_Business f5-10k / GLM-5.3-flash-HTML | Early-retirement and work-force reduction program for certain salaried employees implemented in connection with the March 1, 1996 Olefins Business sale; the filing cites expected annual cost savings and costs were incurred during 1996. The $44.3 million is a bundled amount netted against the $158.2 million pre-tax gain on the sale and also covers facility abandonment costs and other accruals (including environmental); it may encompass the $5.5 million pension charge shown on the divestiture record, so amounts should not be summed. | ||||
| 1996-12-31 | divestiture_reduction | completed | 550 | 1996-03-01 | 1996-03-01 | United States (Pasadena, TX; Deer Park, TX) and Belgium (Feluy) | Olefins Business (alpha olefins, poly alpha olefins, synthetic alcohols) | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of the Olefins Business to Amoco Chemical Company transferred approximately 550 supporting employees; no separate severance amount is broken out for the transfer itself. | ||
| 1996-12-31 | voluntary_separation | completed | 1996-03-01 | United States | Salaried employees | USD 44 (millions) | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | Early-retirement and work-force reduction program for certain salaried employees implemented in connection with the Olefins sale. The $44.3 million figure is a combined amount covering early retirements, work-force reductions, facility abandonment and other accruals, and is netted within the $158.2 million gain on sale; no employee count is disclosed. | |||
| 1996-12-31 | divestiture_reduction | completed | 550 | 1996-03-01 | 1996-03-01 | United States, Belgium | Olefins Business | Item_1_Business f5-10k / Qwen3.6-27B-Q8_0 | Sale of Olefins Business to Amoco involved transfer of approximately 550 people. | ||
| 1996-12-31 | voluntary_separation | completed | 1996-03-01 | United States | Corporate/Salaried | USD 44 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Early-retirement and work-force reduction program for certain salaried employees. Costs included in gain on sale calculation. | |||
| 1996-09-30 | divestiture_reduction | completed | 550 | 1996-03-01 | 1996-03-01 | United States; Belgium | Olefins Business (alpha olefins, poly alpha olefins, synthetic alcohols) | USD 44 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale to Amoco Chemical Company; charge covers early retirements, work-force reductions, facility abandonment, and other accruals including environmental. | |
| 1996-09-30 | voluntary_separation | completed | 1996-03-01 | 1996-03-01 | United States; Belgium | Olefins Business | USD 44 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Early retirement and work-force reduction costs bundled within the $44.3M total sale-related charge; no separate headcount disclosed for this component. | ||
| 1996-09-30 | divestiture_reduction | completed | 550 | 1996-03-01 | 1996-03-01 | United States, Belgium | Olefins Business | USD 44 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Sale of alpha olefins, poly alpha olefins, and synthetic alcohol businesses to Amoco. Transfer of approx. 550 people. Costs include early retirements, work-force reductions, and abandonment. | |
| 1996-06-30 | divestiture_reduction | completed | 550 | 1996-03-01 | 1996-03-01 | United States; Belgium | Olefins Business (alpha olefins, poly alpha olefins, synthetic alcohols) | USD 44 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Approximately 550 employees transferred to Amoco Chemical Company with the sale. The $44.3M charge covers early retirements, workforce reductions, facility abandonment, and other sale-related costs. | |
| 1996-06-30 | voluntary_separation | completed | 1996-03-01 | 1996-03-01 | United States; Belgium | Olefins Business | USD 44 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Costs incurred in connection with the sale included early retirements and workforce reductions; individual counts not separately disclosed. | ||
| 1996-06-30 | divestiture_reduction | completed | 550 | 1996-03-01 | 1996-03-01 | United States, Belgium | Olefins Business | USD 44 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Sale of alpha olefins, poly alpha olefins, and synthetic alcohol businesses to Amoco. Transfer of approx. 550 people. Costs include early retirements, work-force reductions, and abandonment. | |
| 1996-03-31 | divestiture_reduction | completed | 552 | 1996-03-01 | 1996-03-01 | United States (Pasadena, TX; Deer Park, TX) and Belgium (Feluy) | Olefins Business (alpha olefins, poly alpha olefins, synthetic alcohols) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale to Amoco Chemical Company involved transfer of 552 people supporting the businesses; sale closed 1996-03-01. Related costs of $44.3M included early retirements and work-force reductions. | ||
| 1996-03-31 | voluntary_separation | completed | 1996-03-01 | 1996-03-31 | United States and Belgium | Olefins Business | USD 44 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Costs of $44.3M incurred in connection with the sale covered early retirements, work-force reductions, facility abandonment and other sale-related costs; headcount for these programs not separately disclosed. | ||
| 1996-03-31 | divestiture_reduction | completed | 552 | 1996-03-01 | 1996-03-01 | United States, Belgium | Olefins Business | USD 44,300 (thousands) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Sale of alpha olefins, poly alpha olefins, and synthetic alcohol businesses to Amoco. Transfer of 552 people. Costs include early retirements, work-force reductions, and abandonment. |