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Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2018
Accounting Policies [Abstract]  
Schedule of Investments in Affiliates
The company owns interests in the following affiliates:
 
Name of company
Country of
incorporation
Holding
Proportion of voting rights and shares held
Classification
Consolidation method
 
 
Luxfer Uttam India Private Limited
India
Ordinary shares
51%
Joint venture (VIE)
Equity method
 
 
Nikkei-MEL Co. Limited
Japan
Ordinary shares
50%
Joint venture
Equity method
 
 
Sub161 Pty Limited
Australia
Ordinary shares
26.4%
Associate
(VIE)
Equity method
 
Schedule of Property, Plant and Equipment Useful Life
The estimated useful lives is summarized as follows:
 
Freehold buildings
10 - 33 years
 
 
Leasehold land and buildings
The lesser of life of lease or freehold rate
 
 
Machinery and equipment
3 - 25 years
 
 
Including:
 
 
 
Heavy production equipment (including casting, rolling, extrusion and press equipment)
20 - 25 years
 
 
Chemical production plant and robotics
7 - 10 years
 
 
Other production machinery
5 - 10 years
 
 
Furniture, fittings, storage and equipment
3 - 10 years
 
 
Computer software
4 - 7 years