Finance costs

12 Months Ended

Dec. 31, 2023

Borrowing costs [abstract]

Finance costs

Finance costs:

For the years ended December 31	2023		2022
Finance costs before capitalized interest	$	172,814	$	167,066
Less capitalized interest related to Geismar plant under construction	(55,448)		(36,314)
Finance costs	$	117,366	$	130,752

Finance costs are primarily comprised of interest on the unsecured notes, limited recourse debt facilities, finance lease obligations, amortization of deferred financing fees, and accretion expense associated with site restoration costs. Interest during construction projects is capitalized until the plant is substantially completed and ready for productive use.