Plant Closure Provisions

9 Months Ended

Sep. 30, 2017

Restructuring and Related Activities [Abstract]

Plant Closure Provisions

NOTE 9 – PLANT CLOSURE PROVISIONS

The liability for estimated closure costs of Innospec’s manufacturing facilities includes costs for decontamination and environmental remediation activities (“remediation”). The principal site giving rise to remediation liabilities is the manufacturing site at Ellesmere Port in the United Kingdom. There are also remediation liabilities on a much smaller scale in respect of our other manufacturing sites in the U.S. and Europe.

Movements in the provisions are summarized as follows:

	Nine Months Ended September 30
(in millions)	2017			2016
Total at January 1	$	39.5		$	37.7
Charge for the period		4.4			3.5
Utilized in the period		(1.7	)		(2.1	)
Exchange effect		0.5			0.1
Total at September 30		42.7			39.2
Due within one year		(5.9	)		(5.0	)
Due after one year	$	36.8		$	34.2

Amounts due within one year refer to provisions where expenditure is expected to arise within one year of the balance sheet date.