Goodwill and Other Intangibles (Tables)

12 Months Ended

Dec. 31, 2012

Changes in Goodwill by Operating Segment

The following table summarizes the changes in goodwill by operating segment for the years ended December 31, 2012 and 2011 (in thousands):

	Polymer Solutions		Catalysts			Fine Chemistry		Total
Balance at December 31, 2010	$	36,210	$	211,423		$	24,605	$	272,238
Acquisitions(a)		—		3,672			—		3,672
Foreign currency translation adjustments		953		(3,885	)		167		(2,765	)
Balance at December 31, 2011		37,163		211,210			24,772		273,145
Foreign currency translation adjustments		452		3,361			8		3,821
Balance at December 31, 2012	$	37,615	$	214,571		$	24,780	$	276,966

(a) Relates to our acquisition of Catilin, Inc. as discussed in Note 22 “Acquisitions.”

Other Intangibles

Other intangibles consist of the following at December 31, 2012 and 2011 (in thousands):

	Customer Lists and Relationships			Trade Names(d)			Patents and Technology			Land Use Rights			Manufacturing Contracts and Supply/Service Agreements			Other			Total
Gross Asset Value
Balance at December 31, 2010	$	100,509		$	44,800		$	44,592		$	7,318		$	12,087		$	20,318		$	229,624
Acquisitions(a)		—			—			1,400			—			—			—			1,400
Foreign currency translation adjustments and other		(431	)		599			(19	)		780			1,695			3,843			6,467
Balance at December 31, 2011		100,078			45,399			45,973			8,098			13,782			24,161			237,491
Acquisitions(b)		—			—			1,500			—			—			—			1,500
Exit of phosphorus flame retardants business(c)		(16,189	)		(19,441	)		—			(1,915	)		(5,470	)		(1,122	)		(44,137	)
Foreign currency translation adjustments and other		1,278			985			403			20			211			373			3,270
Balance at December 31, 2012	$	85,167		$	26,943		$	47,876		$	6,203		$	8,523		$	23,412		$	198,124
Accumulated Amortization
Balance at December 31, 2010	$	(27,050	)	$	(10,497	)	$	(30,539	)	$	(484	)	$	(10,467	)	$	(15,823	)	$	(94,860	)
Amortization		(4,780	)		(1,658	)		(4,982	)		(176	)		(551	)		(1,002	)		(13,149	)
Foreign currency translation adjustments and other		1,549			(65	)		309			(458	)		(95	)		(441	)		799
Balance at December 31, 2011		(30,281	)		(12,220	)		(35,212	)		(1,118	)		(11,113	)		(17,266	)		(107,210	)
Amortization		(4,499	)		(1,307	)		(3,176	)		(183	)		(658	)		(900	)		(10,723	)
Exit of phosphorus flame retardants business(c)		4,134			5,791			—			236			5,470			1,122			16,753
Foreign currency translation adjustments and other		(838	)		(750	)		(390	)		(14	)		(211	)		(277	)		(2,480	)
Balance at December 31, 2012	$	(31,484	)	$	(8,486	)	$	(38,778	)	$	(1,079	)	$	(6,512	)	$	(17,321	)	$	(103,660	)
Net Book Value at December 31, 2011	$	69,797		$	33,179		$	10,761		$	6,980		$	2,669		$	6,895		$	130,281
Net Book Value at December 31, 2012	$	53,683		$	18,457		$	9,098		$	5,124		$	2,011		$	6,091		$	94,464

(a) The increase of $1.4 million in Patents and Technology relates to our acquisition of Catilin, Inc. in 2011 as discussed in Note 22 “Acquisitions.”

(b) The increase of $1.5 million in Patents and Technology relates to our acquisition of certain patents in 2012 related to catalysts useful in the production of fuel products from renewable feedstocks.

(c) In 2012 we reduced intangible assets by $44.1 million and related accumulated amortization by $16.8 million in connection with our exit of the phosphorus flame retardants business. See Note 19 “Special Items.”

(d) Trade names include a gross carrying amount of $10.3 million for an indefinite-lived intangible asset.

Total Estimated Amortization Expense of Other Intangibles for Next Five Fiscal Years

Total estimated amortization expense of other intangibles for the next five fiscal years is as follows (in thousands):

	Estimated Amortization Expense
2013	$	7,732
2014	$	7,726
2015	$	7,086
2016	$	6,148
2017	$	5,830