Company: NGVT
Filing Date: 2025-02-19
Form Type: 10-K
Source: 0001653477-25-000015
Chunk: 1133

Company: Ingevity Corp
Filing Date: 2025-02-19
Form: 10-K
Item: Item 8
Chunk 1133
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8 53.2 43.1 Advanced Polymer Technologies30.8 31.3 29.6 Total depreciation and amortization$108.3 $122.8 $108.8 Capital expendituresYears Ended December 31,In millions202420232022Performance Materials$38.5 $36.4 $59.8 Performance Chemicals22.9 49.6 62.4 Advanced Polymer Technologies16.2 23.8 20.3 Total capital expenditures$77.6 $109.8 $142.5 

101

IndexIngevity CorporationNotes to the Consolidated Financial StatementsDecember 31, 2024

Property, plant, and equipment, netDecember 31,In millions20242023North America (1)$482.3 $581.0 Asia Pacific (1)63.3 71.4 Europe, Middle East, and Africa (1)113.2 109.7 South America0.1 0.1 Property, plant, and equipment, net$658.9 $762.2 _______________(1) The countries with Property, plant, and equipment, net in excess of 10 percent of consolidated Property, plant, and equipment, net at December 31, 2024 and 2023 are the U.S., which totaled $482.3 million and $581.0 million, the U.K., which totaled $112.5 million and $108.8 million, and China, which totaled $63.2 million and $71.3 million, respectively. Total assets December 31,In millions20242023Performance Materials$781.6 $738.0 Performance Chemicals (1)613.0 1,218.1 Advanced Polymer Technologies 565.0 598.0 Total segment assets (2)$1,959.6 $2,554.1 Corporate and other63.0 69.2 Total assets$2,022.6 $2,623.3 _______________(1) The decline in the Performance Chemicals segment in 2024, as compared to 2023, was driven by our Performance Chemicals repositioning actions and Goodwill impairment charge. Refer to Notes 8 and 15 for more information. (2) Segment assets exclude assets not specifically managed as part of one specific segment herein referred to as "Corporate and