---
schema_version: "secwatch.filing_event.v1"
accession: "0001653477-24-000073"
form_type: "8-K"
ticker: "NGVT"
cik: "0001653477"
company_name: "Ingevity Corp"
filed_at: "2024-07-08T23:59:59+00:00"
generated_at: "2026-05-31T23:04:36.028449+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Ingevity pays $100M to terminate crude tall oil supply agreement with Georgia-Pacific

## Summary
- Paid $50M on July 1, 2024; second $50M installment due Oct 15, 2024 to terminate 20-year CTO supply pact.
- Supply agreement suspended July 1; termination upon full payment and satisfaction of June purchase obligations.
- Company evaluating restructuring of Performance Chemicals segment in 2024 to focus on specialty chemicals markets.
- Ingevity must purchase up to ~12,760 tons of crude tall oil in June/July 2024 as part of termination terms.

## SEC filing metadata
- accession: 0001653477-24-000073
- form_type: 8-K
- ticker: NGVT
- cik: 0001653477
- company_name: Ingevity Corp
- filed_at: 2024-07-08T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 1.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1653477/000165347724000073/0001653477-24-000073-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1653477/000165347724000073/ngvt-20240701.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001653477-24-000073
- JSON: https://secwatch.observer/filing/0001653477-24-000073.json
- Plain text: https://secwatch.observer/filing/0001653477-24-000073.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.