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Restructuring
12 Months Ended
Dec. 31, 2020
Restructuring Charges [Abstract]  
Restructuring
Note 5.     Restructuring
During 2020, the Company recorded
a charge
 of $21.3 million for the restructuring of its Octane Additives segment in line with the end of the manufacturing and sale of TEL for use in
motor gasoline. As a result, the Octane Additives segment ceased trading and is no longer a reporting segment from July 1, 2020. Production of TEL will continue for sales to the aviation market (“AvTel”), as reported within our Fuel Specialties segment.
The restructuring
charge
 comprise
s
the future committed costs of environmental monitoring of $2.0 million, remediation of facilities of $7.5 million, 
contract termination costs o
f
$7.2 million, impairment of tangible assets of $2.0 million and costs of redundancy due to the
down-sizing
 
of the TEL operations of $2.6 million. During the
year
ended
December 31
, 2020 the utilization 
and the unwinding of the discounting was not material.