The following table provides details of our restructuring related charges recorded to Restructuring charges and asset write-offs on the consolidated statements of income (with the exception of dedesignated cash flow hedge charges recorded in Other income, net) for the three-month periods ended March 31, 2026 and 2025 (in thousands):














	Three Months Ended March 31, 2026
	Decommissioning Costs(a)		Asset Write-offs(b)		Severance and Employee Benefits		Contract Cancellation Costs(c)		Other(d)		Total

Kemerton Train 1 Restructuring	$	4,343	$	2,732	$	15,397	$	1,013	$	1,191	$	24,676
Second Half 2024 Restructuring(e)	1,190		—		—		—		—		1,190
	$	5,533	$	2,732	$	15,397	$	1,013	$	1,191	$	25,866

	Three Months Ended March 31, 2025
	Decommissioning Costs(a)		Asset Write-offs(b)		Severance and Employee Benefits		Contract Cancellation Costs(c)		Other(d)		Total

Second Half 2024 Restructuring(e)	$	5,755	$	(7,248)	$	1,620	$	(1,826)	$	866	$	(833)

(b) In the first quarter of 2025, the Company received proceeds for certain Kemerton equipment and updated its estimates concerning the progress of construction activities and related contractual obligations, resulting in a net favorable adjustment of asset write-offs.

(c) Includes cancellation fees for contractors and required payments under take or pay contracts. In the first quarter of 2025, the Company successfully negotiated revised contract cancellation costs with key suppliers to result in a favorable adjustment.

(d) Other costs recorded as part of the Kemerton Train 1 Restructuring plan were primarily related to the disposal of assets. Other costs recorded during the three-month period ended March 31, 2025 with respect to the Second Half 2024 Restructuring include $0.2 million recorded in Other income, net.


Kemerton Train 1 Restructuring	Decommissioning Costs		Asset Write-offs		Severance and Employee Benefits		Contract Cancellation Costs		Other		Total
Beginning balance at December 31, 2025	$	—	$	—	$	—	$	—	$	—	$	—
2026 charges	4,343		2,732		15,397		1,013		1,191		24,676

Cash payments	(4,343)		—		(6,023)		—		(152)		(10,518)
Asset write-off	—		(2,612)		—		—		—		(2,612)
Foreign currency translation adjustments	—		—		(228)		—		—		(228)
Ending balance at March 31, 2026(a)	$	—	$	120	$	9,146	$	1,013	$	1,039	$	11,318

Second Half 2024 Restructuring	Decommissioning Costs		Asset Write-offs		Severance and Employee Benefits		Contract Cancellation Costs		Other		Total
Beginning balance at December 31, 2025	$	—	$	—	$	1,115	$	16,158	$	4,843	$	22,116
2026 charges	1,190		—		—		—		—		1,190

Cash payments	(1,190)		—		(828)		—		—		(2,018)

Foreign currency translation adjustments and other	—		—		(189)		—		—		(189)
Ending balance at March 31, 2026(a)	$	—	$	—	$	98	$	16,158	$	4,843	$	21,099

(a) Approximately $22.2 million of the remaining balance is expected to be paid in the next twelve months and are recorded in Accrued expenses as of March 31, 2026. $10.2 million of the liability is recorded in Other noncurrent liabilities as of March 31, 2026, and relates to certain take or pay liabilities that will be paid in line with the terms of the original contract through 2027 and severance liabilities that are expected to be paid beyond the next twelve months.