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Goodwill and Other Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Changes in Carrying Value of Goodwill

The changes in the carrying value of goodwill for the years ended December 31, 2025 and 2024, were as follows:

 

 

 

Surfactants
Segment

 

 

Polymer
Segment

 

 

Specialty Products
Segment

 

 

Total

 

(In thousands)

 

2025

 

 

2024

 

 

2025

 

 

2024

 

 

2025

 

 

2024

 

 

2025

 

 

2024

 

Balance as of January 1

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Goodwill

 

$

26,476

 

 

$

29,781

 

 

$

70,397

 

 

$

73,166

 

 

$

483

 

 

$

483

 

 

$

97,356

 

 

$

103,430

 

Accumulated impairment
   loss

 

 

(5,505

)

 

 

(5,505

)

 

 

 

 

 

 

 

 

(483

)

 

 

(483

)

 

 

(5,988

)

 

 

(5,988

)

Goodwill, net

 

 

20,971

 

 

 

24,276

 

 

 

70,397

 

 

 

73,166

 

 

 

 

 

 

 

 

 

91,368

 

 

 

97,442

 

Goodwill impairment

 

 

(6,245

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(6,245

)

 

 

 

Foreign currency
   translation

 

 

1,756

 

 

 

(3,305

)

 

 

5,691

 

 

 

(2,769

)

 

 

 

 

 

 

 

 

7,447

 

 

 

(6,074

)

Balance as of December 31

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Goodwill

 

 

28,232

 

 

 

26,476

 

 

 

76,088

 

 

 

70,397

 

 

 

483

 

 

 

483

 

 

 

104,803

 

 

 

97,356

 

Accumulated impairment
   loss

 

 

(11,750

)

 

 

(5,505

)

 

 

 

 

 

 

 

 

(483

)

 

 

(483

)

 

 

(12,233

)

 

 

(5,988

)

Goodwill, net

 

$

16,482

 

 

$

20,971

 

 

$

76,088

 

 

$

70,397

 

 

$

 

 

$

 

 

$

92,570

 

 

$

91,368

 

Components of Other Intangible Assets and Changes in Gross Carrying Values

The following table presents the components of other intangible assets, all of which have finite lives, as of December 31, 2025 and 2024. The year-over-year changes in gross carrying values resulted from the effects of foreign currency translation.

 

 

 

Gross Carrying Value

 

 

Accumulated
Amortization

 

 

 

December 31

 

 

December 31

 

(In thousands)

 

2025

 

 

2024

 

 

2025

 

 

2024

 

Other Intangible Assets:

 

 

 

 

 

 

 

 

 

 

 

 

Patents

 

$

7,411

 

 

$

7,411

 

 

$

7,125

 

 

$

7,095

 

Non-compete agreements

 

 

379

 

 

 

329

 

 

 

379

 

 

 

329

 

Trademarks

 

 

11,987

 

 

 

11,567

 

 

 

8,942

 

 

 

7,749

 

Customer lists/relationships

 

 

48,489

 

 

 

45,341

 

 

 

21,777

 

 

 

18,415

 

Know-how (1)

 

 

29,934

 

 

 

29,086

 

 

 

20,451

 

 

 

17,473

 

Total

 

$

98,200

 

 

$

93,734

 

 

$

58,674

 

 

$

51,061

 

(1)
Know-how includes intellectual property rights covering proprietary information, written formulae, trade secrets or secret processes, inventions and developmental products (whether patentable or not), discoveries, improvements, compositions, manufacturing processes, manuals, specifications and technical data.
Estimated Amortization Expense for Identifiable Intangibles Assets Estimated amortization expense for identifiable intangibles assets for each of the five succeeding fiscal years is as follows:

(In thousands)

 

 

 

For the year ended December 31, 2026

 

$

6,488

 

For the year ended December 31, 2027

 

 

6,488

 

For the year ended December 31, 2028

 

 

4,806

 

For the year ended December 31, 2029

 

 

3,715

 

For the year ended December 31, 2030

 

 

3,367