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Financial Information by Segment (Tables)
 6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
Schedule of Reconciliation of Operating Profit (Loss) from Segments to Consolidated
Segment operating results for the three months ended June 30, 2026 and 2025 are as follows:
RubberSpecialtyCorporateTotal
(In millions)
2026
Net sales from external customers$316.1 $184.8 $— $500.9 
Less:
Cost of Sales277.4 130.5 — 407.9 
Selling, general and administrative expenses36.3 26.3 0.1 62.7 
Other segment items4.2 3.9 0.9 9.0 
Add:
Equity in earnings of affiliated companies, net of tax0.2 — — 0.2 
LTIP and other non-operating charges1.3 1.5 1.0 3.8 
Depreciation and amortization of intangible assets, right of use assets, and property, plant and equipment19.5 13.4 — 32.9 
Adjusted EBITDA$19.2 $39.0 $— $58.2 
Capital expenditures4.6 20.8 — 25.4 
2025
Net sales from external customers$308.3 $158.1 $— $466.4 
Less:
Cost of Sales242.5 125.5 — 368.0 
Selling, general and administrative expenses34.2 23.2 0.3 57.7 
Other segment items3.3 4.8 0.5 8.6 
Add:
Equity in earnings of affiliated companies, net of tax0.6 — — 0.6 
LTIP and other non-operating charges1.0 2.3 0.8 4.1 
Depreciation and amortization of intangible assets, right of use assets, and property, plant and equipment19.0 13.0 — 32.0 
Adjusted EBITDA$48.9 $19.9 $— $68.8 
Capital expenditures16.8 25.4 — 42.2 
Other segment items—Other segment items for each reportable segment includes Research and Development costs and Other expense (income), net.
Segment operating results for the six months ended June 30, 2026 and 2025 are as follows:
RubberSpecialtyCorporateTotal
(In millions)
2026
Net sales from external customers$605.9 $354.5 $— $960.4 
Less:
Cost of Sales531.2 257.0 — 788.2 
Selling, general and administrative expenses70.1 51.2 0.5 121.8 
Other segment items8.0 8.4 1.3 17.7 
Add:
Equity in earnings of affiliated companies, net of tax0.3 — — 0.3 
LTIP and other non-operating charges1.9 2.0 1.8 5.7 
Depreciation and amortization of intangible assets, right of use assets, and property, plant and equipment39.4 26.2 — 65.6 
Adjusted EBITDA$38.2 $66.1 $— $104.3 
Assets$1,145.6 $703.0 $138.4 $1,987.0 
Capital expenditures20.4 41.1 — 61.5 
2025
Net sales from external customers$625.3 $318.8 $— $944.1 
Less:
Cost of Sales501.4 246.2 — 747.6 
Selling, general and administrative expenses70.3 45.2 0.6 116.1 
Other segment items7.9 8.4 0.8 17.1 
Add:
Equity in earnings of affiliated companies, net of tax1.1 — — 1.1 
LTIP and other non-operating charges2.8 2.9 1.4 7.1 
Depreciation and amortization of intangible assets, right of use assets, and property, plant and equipment40.1 23.4 — 63.5 
Adjusted EBITDA$89.7 $45.3 $— $135.0 
Assets$1,130.3 $765.5 $129.1 $2,024.9 
Capital expenditures30.9 40.5 — 71.4 
Other segment items—Other segment items for each reportable segment includes Research and Development costs and Other expense (income), net.
A reconciliation of Income before earnings in affiliated companies and income taxes to Adjusted EBITDA for each of the periods presented is as follows:
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
(In millions)
Income before earnings in affiliated companies and income taxes$5.0 $13.0 $1.7 $30.5 
LTIP and other non-operating charges3.8 4.1 5.7 7.1 
Depreciation and amortization of intangible assets, right of use assets, and property, plant and equipment32.9 32.0 65.6 63.5 
Equity in earnings of affiliated companies, net of tax0.2 0.6 0.3 1.1 
Interest and other financial expense, net16.3 19.1 31.0 32.8 
Adjusted EBITDA$58.2 $68.8 $104.3 $135.0 
Long term incentive plan (“LTIP”) and other non-operating charges include the following:
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
(In millions)
Long term incentive plan$3.0 $3.6 $4.4 $6.3 
Other non-operating0.8 0.5 1.3 0.8 
LTIP and other non-operating charges$3.8 $4.1 $5.7 $7.1