secwatch.observer — SEC 8-K summary
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Issuer:     Ingevity Corp (NGVT)
CIK:        0001653477
Form:       8-K
Filed at:   2023-03-24T23:59:59+00:00
Accession:  0001493152-23-008890
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ingevity amends key CTO supply agreements with WestRock and Georgia-Pacific; realigns segment reporting
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- Amended WestRock supply agreement removes Ingevity's right to purchase CTO/BLSS from third parties; termination notices can start in 2030.
- Georgia-Pacific supply agreement assigned to GP Pine Chemicals; Ingevity to purchase up to 125,000 tons of CTO annually through 2038.
- New Advanced Polymer Technologies segment separated from Performance Chemicals effective Q1 2023; results recast for 2020-2022.
- No impact on consolidated operating results or Performance Materials segment; recast data shows no change to previously reported net income.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1653477/000149315223008890/0001493152-23-008890-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1653477/000149315223008890/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-008890

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