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Investment in Associated Companies (Tables) | 12 Months Ended
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Dec. 31, 2023
Equity Method Investments and Joint Ventures [Abstract] |
Schedule of Equity Method Investments | The following table is a summary of equity income in associated companies by investment for the years ending December 31, 2023, 2022 and 2021:
| 2023 |  | 2022 |  | 2021
Houghton Korea | $ | 11,442 |  |  | $ | 2,644 |  |  | $ | 3,808 |
Nippon Japan | 1,492 |  |  | 323 |  |  | 461 |
Kelko Panama | 309 |  |  | 425 |  |  | 154 |
Grindaix (1) | — |  |  | — |  |  | (37) |
Primex | 2,090 |  |  | (1,427) |  |  | 4,993 |
Total equity in net income of associated companies | $ | 15,333 |  |  | $ | 1,965 |  |  | $ | 9,379 |
(1)In February 2021, the Company acquired a 38% ownership interest in Grindaix. From that date through September 2021 when the Company purchased the remaining interest of Grindaix, the Company accounted for its 38% interest under the equity method of accounting and recorded equity in net income of associated companies. See Note 2 for additional information.

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- Definition Tabular disclosure of equity method investments including, but not limited to, name of each investee or group of investments, percentage ownership, difference between recorded amount of an investment and the value of the underlying equity in the net assets, and summarized financial information. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 323 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481687/323-10-50-3 + Details
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