Pay vs Performance Disclosure | 12 Months Ended | 36 Months Ended |
Dec. 31, 2022 USD ($) | Dec. 31, 2021 USD ($) | Dec. 31, 2020 USD ($) | Dec. 31, 2022 |
Pay vs Performance Disclosure [Table] | | | | | |
Pay vs Performance [Table Text Block] | | | | | PAY VERSUS PERFORMANCE DISCLOSURE In accordance with rules adopted by the Securities and Exchange Commission pursuant to the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, we provide the following disclosure regarding executive compensation for our principal executive officer (“PEO”) and Non-PEO NEOs and Company performance for the fiscal years listed below. The Compensation Committee did not consider the pay versus performance disclosure below in making its pay decisions for any of the years shown. Summary Average Average Value of Initial 4 Year Compensation 1 Compensation 1,2,3 Table Total 1 Actually Paid 1,2,3 TSR Peer Net Income Adjusted 5 (a) (b) (c) (d) (e) (f) (g) (h) (i) 2022 4,144,685 4,296,561 1,326,307 1,397,314 232.40 131.89 273.5 270.8 2021 4,747,841 7,473,306 1,391,078 1,975,549 285.15 148.63 0.6 69.5 2020 1,744,802 5,133,790 660,216 1,302,432 220.35 118.05 (16.3) 22.3 1. Paul Graves was our PEO for each year presented. The individuals comprising the Non-PEO NEOs for each year presented are listed below. 2020 2021 2022 Gilberto Antoniazzi Gilberto Antoniazzi Gilberto Antoniazzi Sara Ponessa Sara Ponessa Sara Ponessa 2. The amounts shown for Compensation Actually Paid have been calculated in accordance with Item 402(v) of Regulation S-K and do not reflect compensation actually earned, realized, or received by the Company’s NEOs. These amounts reflect the Summary Compensation Table Total with certain adjustments as described in footnote 3 below. 3. Compensation Actually Paid reflects the exclusions and inclusions of certain amounts for the PEO and the Non-PEO NEOs as set forth below. Equity values are calculated in accordance with FASB ASC Topic 718. Amounts in the Exclusion of Stock Awards and Option Awards column are the totals from the Stock Awards and Option Awards columns set forth in the Summary Compensation Table. Year Summary Compensation Exclusion of Stock Inclusion of Equity Compensation Actually 2022 4,144,685 (1,700,023) 1,851,899 4,296,561 2021 4,747,841 (2,350,009) 5,075,474 7,473,306 2020 1,744,802 — 3,388,988 5,133,790 Year Average Summary Average Exclusion of Stock Average Inclusion of Equity Average Compensation 2022 1,326,307 (387,529) 458,536 1,397,314 2021 1,391,078 (521,810) 1,106,281 1,975,549 2020 660,216 — 642,216 1,302,432 The amounts in the Inclusion of Equity Values in the tables above are derived from the amounts set forth in the following tables: Year Year-End Fair Change in Fair Vesting-Date Fair Change in Fair Fair Value at Last Value of Total - Inclusion of 2022 1,644,455 (761,680) 0 969,124 0 0 1,851,899 2021 3,180,026 822,613 0 1,072,836 0 0 5,075,474 2020 0 3,314,580 0 74,408 0 0 3,388,988 Year Average Average Change Average Vesting- Average Change Average Fair Average Value Total – Average 2022 374,862 (169,127 ) 0 252,801 0 0 458,536 2021 706,110 214,041 0 186,129 0 0 1,106,281 2020 0 638,245 0 3,971 0 0 642,216 4. The Peer Group TSR set forth in this table utilizes the S&P 500 Chemicals Index, which we also utilize in the stock performance graph required by Item 201(e) of Regulation S-K included in our Annual Report for the year ended December 31, 2022. The comparison assumes $100 was invested for the period starting December 31, 2019, through the end of the listed year in each of the Company and in the S&P 500 Chemicals Index, respectively. Historical stock performance is not necessarily indicative of future stock performance. 5. We determined Adjusted EBITDA to be the most important financial performance measure used to link Company performance to Compensation Actually Paid to our PEO and Non-PEO NEOs in 2022. This performance measure may not have been the most important financial performance measure for years 2021 and 2020 and we may determine a different financial performance measure to be the most important financial performance measure in future years. Adjusted EBITDA is defined for purposes of the annual incentive plan as set forth above in the “Compensation Discussion and Analysis” section. |
Company Selected Measure Name | [1] | | | | Adjusted EBITDA |
Named Executive Officers, Footnote [Text Block] | | | | | 1. Paul Graves was our PEO for each year presented. The individuals comprising the Non-PEO NEOs for each year presented are listed below. 2020 2021 2022 Gilberto Antoniazzi Gilberto Antoniazzi Gilberto Antoniazzi Sara Ponessa Sara Ponessa Sara Ponessa |
Peer Group Issuers, Footnote [Text Block] | | | | | 4. The Peer Group TSR set forth in this table utilizes the S&P 500 Chemicals Index, which we also utilize in the stock performance graph required by Item 201(e) of Regulation S-K included in our Annual Report for the year ended December 31, 2022. The comparison assumes $100 was invested for the period starting December 31, 2019, through the end of the listed year in each of the Company and in the S&P 500 Chemicals Index, respectively. Historical stock performance is not necessarily indicative of future stock performance. |
PEO Total Compensation Amount | [2] | $ 4,144,685 | $ 4,747,841 | $ 1,744,802 | |
PEO Actually Paid Compensation Amount | [2],[3],[4] | 4,296,561 | 7,473,306 | 5,133,790 | |
Adjustment To PEO Compensation, Footnote [Text Block] | | | | | 3. Compensation Actually Paid reflects the exclusions and inclusions of certain amounts for the PEO and the Non-PEO NEOs as set forth below. Equity values are calculated in accordance with FASB ASC Topic 718. Amounts in the Exclusion of Stock Awards and Option Awards column are the totals from the Stock Awards and Option Awards columns set forth in the Summary Compensation Table. Year Summary Compensation Exclusion of Stock Inclusion of Equity Compensation Actually 2022 4,144,685 (1,700,023) 1,851,899 4,296,561 2021 4,747,841 (2,350,009) 5,075,474 7,473,306 2020 1,744,802 — 3,388,988 5,133,790 Year Average Summary Average Exclusion of Stock Average Inclusion of Equity Average Compensation 2022 1,326,307 (387,529) 458,536 1,397,314 2021 1,391,078 (521,810) 1,106,281 1,975,549 2020 660,216 — 642,216 1,302,432 The amounts in the Inclusion of Equity Values in the tables above are derived from the amounts set forth in the following tables: Year Year-End Fair Change in Fair Vesting-Date Fair Change in Fair Fair Value at Last Value of Total - Inclusion of 2022 1,644,455 (761,680) 0 969,124 0 0 1,851,899 2021 3,180,026 822,613 0 1,072,836 0 0 5,075,474 2020 0 3,314,580 0 74,408 0 0 3,388,988 Year Average Average Change Average Vesting- Average Change Average Fair Average Value Total – Average 2022 374,862 (169,127 ) 0 252,801 0 0 458,536 2021 706,110 214,041 0 186,129 0 0 1,106,281 2020 0 638,245 0 3,971 0 0 642,216 |
Non-PEO NEO Average Total Compensation Amount | [2] | 1,326,307 | 1,391,078 | 660,216 | |
Non-PEO NEO Average Compensation Actually Paid Amount | [2],[3],[4] | 1,397,314 | 1,975,549 | 1,302,432 | |
Adjustment to Non-PEO NEO Compensation Footnote [Text Block] | | | | | 3. Compensation Actually Paid reflects the exclusions and inclusions of certain amounts for the PEO and the Non-PEO NEOs as set forth below. Equity values are calculated in accordance with FASB ASC Topic 718. Amounts in the Exclusion of Stock Awards and Option Awards column are the totals from the Stock Awards and Option Awards columns set forth in the Summary Compensation Table. Year Summary Compensation Exclusion of Stock Inclusion of Equity Compensation Actually 2022 4,144,685 (1,700,023) 1,851,899 4,296,561 2021 4,747,841 (2,350,009) 5,075,474 7,473,306 2020 1,744,802 — 3,388,988 5,133,790 Year Average Summary Average Exclusion of Stock Average Inclusion of Equity Average Compensation 2022 1,326,307 (387,529) 458,536 1,397,314 2021 1,391,078 (521,810) 1,106,281 1,975,549 2020 660,216 — 642,216 1,302,432 The amounts in the Inclusion of Equity Values in the tables above are derived from the amounts set forth in the following tables: Year Year-End Fair Change in Fair Vesting-Date Fair Change in Fair Fair Value at Last Value of Total - Inclusion of 2022 1,644,455 (761,680) 0 969,124 0 0 1,851,899 2021 3,180,026 822,613 0 1,072,836 0 0 5,075,474 2020 0 3,314,580 0 74,408 0 0 3,388,988 Year Average Average Change Average Vesting- Average Change Average Fair Average Value Total – Average 2022 374,862 (169,127 ) 0 252,801 0 0 458,536 2021 706,110 214,041 0 186,129 0 0 1,106,281 2020 0 638,245 0 3,971 0 0 642,216 |
Compensation Actually Paid vs. Total Shareholder Return [Text Block] | | | | | Description of Relationship Between PEO and Other NEO Compensation Actually Paid and Company Total Shareholder Return (“TSR”) The following chart sets forth the relationship between Compensation Actually Paid to our PEO, the average of Compensation Actually Paid to our other NEOs, and the Company’s cumulative TSR over the three most recently completed fiscal years. |
Compensation Actually Paid vs. Net Income [Text Block] | | | | | Description of Relationship Between PEO and Other NEO Compensation Actually Paid and Net Income The following chart sets forth the relationship between Compensation Actually Paid to our PEO, the average of Compensation Actually Paid to our other NEOs, and our net income during the three most recently completed fiscal years. |
Compensation Actually Paid vs. Company Selected Measure [Text Block] | | | | | Description of Relationship Between PEO and Other NEO Compensation Actually Paid and Adjusted EBITDA The following chart sets forth the relationship between Compensation Actually Paid to our PEO, the average of Compensation Actually Paid to our other NEOs, and our Adjusted EBITDA during the three most recently completed fiscal years. |
Total Shareholder Return Vs Peer Group [Text Block] | | | | | Description of Relationship Between Company TSR and Peer Group TSR The following chart compares our cumulative TSR over the three most recently completed fiscal years to that of the S&P 500 Chemicals Index over the same period. |
Tabular List [Table Text Block] | | | | | Tabular List of Most Important Financial Performance Measures The following table presents the financial performance measure that the Company considers to have been the most important in linking Compensation Actually Paid to our PEO and other NEOs for 2022 to Company performance. Adjusted EBITDA |
Total Shareholder Return Amount | [5] | 232.4 | 285.15 | 220.35 | |
Peer Group Total Shareholder Return Amount | [5] | 131.89 | 148.63 | 118.05 | |
Net Income (Loss) | | $ 273.5 | $ 0.6 | $ (16.3) | |
Company Selected Measure Amount | [1] | 270.8 | 69.5 | 22.3 | |
PEO Name | | | | | Paul Graves |
Additional 402(v) Disclosure [Text Block] | | | | | three |
Measure [Axis]: 1 | | | | | |
Pay vs Performance Disclosure [Table] | | | | | |
Measure Name | | | | | Adjusted EBITDA |
PEO [Member] | Adjustment Type 1 [Member] | | | | | |
Pay vs Performance Disclosure [Table] | | | | | |
Adjustment to Compensation Amount | | $ (1,700,023) | $ (2,350,009) | | |
PEO [Member] | Adjustment Type 2 [Member] | | | | | |
Pay vs Performance Disclosure [Table] | | | | | |
Adjustment to Compensation Amount | | 1,851,899 | 5,075,474 | $ 3,388,988 | |
PEO [Member] | Adjustment Type 3 [Member] | | | | | |
Pay vs Performance Disclosure [Table] | | | | | |
Adjustment to Compensation Amount | | 1,644,455 | 3,180,026 | 0 | |
PEO [Member] | Adjustment Type 4 [Member] | | | | | |
Pay vs Performance Disclosure [Table] | | | | | |
Adjustment to Compensation Amount | | (761,680) | 822,613 | 3,314,580 | |
PEO [Member] | Adjustment Type 5 [Member] | | | | | |
Pay vs Performance Disclosure [Table] | | | | | |
Adjustment to Compensation Amount | | 0 | 0 | 0 | |
PEO [Member] | Adjustment Type 6 [Member] | | | | | |
Pay vs Performance Disclosure [Table] | | | | | |
Adjustment to Compensation Amount | | 969,124 | 1,072,836 | 74,408 | |
PEO [Member] | Adjustment Type 7 [Member] | | | | | |
Pay vs Performance Disclosure [Table] | | | | | |
Adjustment to Compensation Amount | | 0 | 0 | 0 | |
PEO [Member] | Adjustment Type 8 [Member] | | | | | |
Pay vs Performance Disclosure [Table] | | | | | |
Adjustment to Compensation Amount | | 0 | 0 | 0 | |
Non-PEO NEO [Member] | Adjustment Type 1 [Member] | | | | | |
Pay vs Performance Disclosure [Table] | | | | | |
Adjustment to Compensation Amount | | (387,529) | (521,810) | | |
Non-PEO NEO [Member] | Adjustment Type 2 [Member] | | | | | |
Pay vs Performance Disclosure [Table] | | | | | |
Adjustment to Compensation Amount | | 458,536 | 1,106,281 | 642,216 | |
Non-PEO NEO [Member] | Adjustment Type 3 [Member] | | | | | |
Pay vs Performance Disclosure [Table] | | | | | |
Adjustment to Compensation Amount | | 374,862 | 706,110 | 0 | |
Non-PEO NEO [Member] | Adjustment Type 4 [Member] | | | | | |
Pay vs Performance Disclosure [Table] | | | | | |
Adjustment to Compensation Amount | | (169,127) | 214,041 | 638,245 | |
Non-PEO NEO [Member] | Adjustment Type 5 [Member] | | | | | |
Pay vs Performance Disclosure [Table] | | | | | |
Adjustment to Compensation Amount | | 0 | 0 | 0 | |
Non-PEO NEO [Member] | Adjustment Type 6 [Member] | | | | | |
Pay vs Performance Disclosure [Table] | | | | | |
Adjustment to Compensation Amount | | 252,801 | 186,129 | 3,971 | |
Non-PEO NEO [Member] | Adjustment Type 7 [Member] | | | | | |
Pay vs Performance Disclosure [Table] | | | | | |
Adjustment to Compensation Amount | | 0 | 0 | 0 | |
Non-PEO NEO [Member] | Adjustment Type 8 [Member] | | | | | |
Pay vs Performance Disclosure [Table] | | | | | |
Adjustment to Compensation Amount | | $ 0 | $ 0 | $ 0 | |
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[1] 5. We determined Adjusted EBITDA to be the most important financial performance measure used to link Company performance to Compensation Actually Paid to our PEO and Non-PEO NEOs in 2022. This performance measure may not have been the most important financial performance measure for years 2021 and 2020 and we may determine a different financial performance measure to be the most important financial performance measure in future years. Adjusted EBITDA is defined for purposes of the annual incentive plan as set forth above in the “Compensation Discussion and Analysis” section. 1. Paul Graves was our PEO for each year presented. The individuals comprising the Non-PEO NEOs for each year presented are listed below. 2020 2021 2022 Gilberto Antoniazzi Gilberto Antoniazzi Gilberto Antoniazzi Sara Ponessa Sara Ponessa Sara Ponessa 2. The amounts shown for Compensation Actually Paid have been calculated in accordance with Item 402(v) of Regulation S-K and do not reflect compensation actually earned, realized, or received by the Company’s NEOs. These amounts reflect the Summary Compensation Table Total with certain adjustments as described in footnote 3 below. 3. Compensation Actually Paid reflects the exclusions and inclusions of certain amounts for the PEO and the Non-PEO NEOs as set forth below. Equity values are calculated in accordance with FASB ASC Topic 718. Amounts in the Exclusion of Stock Awards and Option Awards column are the totals from the Stock Awards and Option Awards columns set forth in the Summary Compensation Table. Year Summary Compensation Exclusion of Stock Inclusion of Equity Compensation Actually 2022 4,144,685 (1,700,023) 1,851,899 4,296,561 2021 4,747,841 (2,350,009) 5,075,474 7,473,306 2020 1,744,802 — 3,388,988 5,133,790 Year Average Summary Average Exclusion of Stock Average Inclusion of Equity Average Compensation 2022 1,326,307 (387,529) 458,536 1,397,314 2021 1,391,078 (521,810) 1,106,281 1,975,549 2020 660,216 — 642,216 1,302,432 The amounts in the Inclusion of Equity Values in the tables above are derived from the amounts set forth in the following tables: Year Year-End Fair Change in Fair Vesting-Date Fair Change in Fair Fair Value at Last Value of Total - Inclusion of 2022 1,644,455 (761,680) 0 969,124 0 0 1,851,899 2021 3,180,026 822,613 0 1,072,836 0 0 5,075,474 2020 0 3,314,580 0 74,408 0 0 3,388,988 Year Average Average Change Average Vesting- Average Change Average Fair Average Value Total – Average 2022 374,862 (169,127 ) 0 252,801 0 0 458,536 2021 706,110 214,041 0 186,129 0 0 1,106,281 2020 0 638,245 0 3,971 0 0 642,216 4. The Peer Group TSR set forth in this table utilizes the S&P 500 Chemicals Index, which we also utilize in the stock performance graph required by Item 201(e) of Regulation S-K included in our Annual Report for the year ended December 31, 2022. The comparison assumes $100 was invested for the period starting December 31, 2019, through the end of the listed year in each of the Company and in the S&P 500 Chemicals Index, respectively. Historical stock performance is not necessarily indicative of future stock performance. | |