RESTRUCTURING, IMPAIRMENT AND PLANT CLOSING COSTS |
6 Months Ended |
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Jun. 30, 2020 | |
| RESTRUCTURING, IMPAIRMENT AND PLANT CLOSING COSTS | 听 |
| RESTRUCTURING, IMPAIRMENT AND PLANT CLOSING COSTS |
7. RESTRUCTURING, IMPAIRMENT AND PLANT CLOSING COSTS
2020 Restructuring Activities
During the second quarter of 2020, our Polyurethanes segment implemented a restructuring program to reorganize its spray polyurethane foam business to better position this business for efficiencies and growth in coming years. In connection with this restructuring program, we recorded restructuring expense of approximately $2 million in the second quarter of 2020 related primarily to workforce reductions.
During the second quarter of 2020, our Performance Products segment implemented a restructuring program, primarily related to workforce reductions, in response to the sale of our Chemical Intermediates Businesses to Indorama. In connection with this restructuring program, we recorded restructuring expense of approximately $4 million in the second quarter of 2020.
During the second quarter of 2020, our Advanced Materials segment implemented restructuring programs, primarily related to workforce reductions in connection with the CVC Thermoset Specialties Acquisition. In connection with these restructuring programs, we recorded restructuring expense of approximately $4 million in the second quarter of 2020.
During the first six months of 2020, our Textile Effects segment implemented restructuring programs to rationalize and realign structurally across various functions and certain locations within the segment. In connection with these restructuring programs, we recorded restructuring expense of approximately $10 million in the first six months of 2020 related primarily to workforce reductions.
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