{"schema_version":"secwatch.filing_event.v1","accession":"0001653477-24-000078","form_type":"8-K","ticker":"NGVT","cik":"0001653477","company_name":"Ingevity Corp","filed_at":"2024-07-31T23:59:59+00:00","discovered_at":"2026-05-14T18:03:13.979167+00:00","generated_at":"2026-05-31T14:24:48.441758+00:00","sec_items":["2.05","7.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Ingevity to close Crossett, AR plant; expects $30-35M annual savings from restructuring","bullets":["Plans to close Crossett plant in August 2024; consolidate oleo refining to North Charleston, SC facility.","Expects net operational savings of $20M-$25M/yr from plant closure plus ~$10M/yr from corporate cost reductions.","Total restructuring charges estimated at ~$100M, including ~$65M non-cash asset charges and ~$35M cash costs.","Majority of non-cash charges and 50-60% of cash charges expected recognized by H1 2025.","Company cites slow industrial recovery in oleo markets as driver; full savings expected in 2025."],"urls":{"canonical":"https://secwatch.observer/filing/0001653477-24-000078","json":"https://secwatch.observer/filing/0001653477-24-000078.json","markdown":"https://secwatch.observer/filing/0001653477-24-000078.md","text":"https://secwatch.observer/filing/0001653477-24-000078.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1653477/000165347724000078/0001653477-24-000078-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1653477/000165347724000078/ngvt-20240729.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T14:24:48.441758+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}