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Goodwill
3 Months Ended
Mar. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill

NOTE 4 – GOODWILL

The following table summarizes the goodwill movements in the year:

 

(in millions)

 

2023

 

Gross cost at January 1

 

$

358.8

 

Exchange effect

 

 

1.4

 

Gross cost at March 31

 

$

360.2

 

 

The exchange effect for the three months ended March 31, 2023 was $1.4 million relating to our Performance Chemicals segment and $0.0 million relating to our Fuel Specialties segment.