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Property, Plant and Equipment, Net
12 Months Ended
Dec. 31, 2015
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment, Net

7. PROPERTY, PLANT AND EQUIPMENT, NET

As of December 31, 2015 and 2014, property, plant and equipment consisted of the following:

 

     December 31,  

(In millions)

   2015      2014  

Chemical manufacturing plants

   $ 1,308.8       $ 1,299.5   

Machinery and equipment

     1,080.5         979.9   

Buildings

     134.7         141.5   

Land and land improvements

     156.5         158.0   

Construction-in-progress

     112.5         82.2   
  

 

 

    

 

 

 

Property, plant and equipment, at cost

     2,793.0         2,661.1   

Less: accumulated depreciation

     1,236.5         1,098.7   
  

 

 

    

 

 

 

Property, plant and equipment, net

   $ 1,556.5       $ 1,562.4