XML 110 R13.htm IDEA: XBRL DOCUMENT v2.4.0.8
Nature of Operations
12 Months Ended
Dec. 31, 2013
Accounting Policies [Abstract]  
Nature of Operations

Note 1.    Nature of Operations

 

Innospec develops, manufactures, blends, markets and supplies fuel additives, personal care and fragrance products and other specialty chemicals. Our products are sold primarily to oil refineries, personal care and fragrance companies, and other chemical and industrial companies throughout the world. Our fuel additives help improve fuel efficiency, boost engine performance and reduce harmful emissions. Our oilfield specialties business supplies drilling and production chemicals which make exploration and production more cost-efficient, and more environmentally-friendly. Our other specialty chemicals provide effective technology-based solutions for our customers’ processes or products focused in the Personal Care; Polymers; and Fragrance Ingredients markets. Our principal product lines and reportable segments are Fuel Specialties, Performance Chemicals and Octane Additives.

 

See Note 3 for financial information on the Company’s reportable segments.