−Removed: The Company uses the following principal physical properties in connection with the manufacturing and sales of graphite electrodes and corporate administrative operations, all of which serve its onl y reportable segment, Industrial Materials .
−Removed: The total capacity utilization, reflecting production volume as a percentage of production capacity, of our graphite electrode manufacturing facilities in Calais, France, Monterrey, Mexico, Pamplona, Spain and St.
−Removed: Marys, Pennsylvania, was 68% and 72% for the years ended December 31, 2022 and December 31, 2021, respectively.
+Added: The Company uses the following principal physical properties in connection with the manufacturing, sales and services of graphite electrodes, pins and corporate administrative operations, all of which serve its onl y reportable segment, Industrial Materials .
+Added: The total capacity utilization, reflecting production volume as a percentage of production capacity, of our graphite electrode manufacturing facilities in Calais, France, Monterrey, Mexico and Pamplona, Spain, was 44% and 78% for the years ended December 31, 2023 and December 31, 2022, respectively.
Production capacity reflects expected maximum production volume during the period depending on product mix and expected maintenance outage.
Actual production may vary.
−Removed: The properties that we own are encumbered by our 2018 Credit Agreement and our 2020 Senior Secured Notes.
+Added: Our properties located in St.
+Added: Marys, Pennsylvania and Port Lavaca, Texas are encumbered by our 2018 Credit Agreement, 2020 Senior Secured Notes and our 2023 Senior Secured Notes.
Location of Facility Primary Use Owned
Brooklyn Heights, Ohio Corporate Headquarters, Innovation and Technology Center and Sales Office Leased
−Removed: Monterrey, Mexico Graphite Electrode and Pin Manufacturing Facility and Sales Office Owned
−Removed: Marys, Pennsylvania Graphite Electrode Manufacturing Facility Owned
+Added: Monterrey, Mexico Graphite Electrode and Pin Manufacturing Facility, Sales and Service Office Owned
+Added: Marys, Pennsylvania Graphite Electrode Manufacturing Facility, Sales and Service Office Owned
Port Lavaca, Texas Petroleum Needle Coke Manufacturing Facility (Seadrift) Owned
−Removed: Salvador, Bahia, Brazil Graphite Electrode Machine Shop and Sales Office Owned
−Removed: Calais, France Graphite Electrode Manufacturing Facility and Sales Office Owned
−Removed: Pamplona, Spain Graphite Electrode Manufacturing Facility and Sales Office Owned
+Added: Salvador, Bahia, Brazil Graphite Electrode Machine Shop, Sales and Service Office Owned
+Added: Calais, France Graphite Electrode Manufacturing Facility, Sales and Service Office Owned
+Added: Pamplona, Spain Graphite Electrode Manufacturing Facility, Sales and Service Office Owned
Bussigny, Switzerland Global Sales and Production Planning Office Leased
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.