Latest news with #Ecoservices
Malaysian Reserve
2 days ago
- Business
- Malaysian Reserve
Ecovyst Issues 2024 Sustainability Report
WAYNE, Pa., June 30, 2025 /PRNewswire/ — Ecovyst Inc. (NYSE: ECVT), a leading integrated and innovative global provider of advanced materials, specialty catalysts, virgin sulfuric acid and sulfuric acid regeneration services ('Ecovyst'), today announced the release of its 2024 Sustainability Report, 'Building Momentum Towards a More Sustainable Future.' This report features 2024 data, including HSES, greenhouse gas emissions, energy, water, and waste results. It also highlights the incremental progress the company has made toward achieving its sustainability goals. 'In 2024 we continued to advance our sustainability programs and objectives, gaining momentum through our ongoing commitment to continuous improvement. At Ecovyst, we help our customers develop cleaner, more sustainable technologies, and we aim to support industries that advance society in a positive manner. Our products and services, such as sulfuric acid and sulfuric acid regeneration, are vital in the production of basic materials and cleaner-burning fuels that are essential for a sustainable global economy. In addition, we have continued to expand our portfolio of catalyst technologies with advanced silicas for biocatalysis and carbon capture processes, and zeolite catalysts that play a key role in the production of sustainable fuels and in advanced recycling processes,' said Kurt J. Bitting, Ecovyst's Chief Executive Officer. 'The sustainability goals we have set for 2025 and 2030 and our reported progress towards the achievement of our goals, including our industry-leading zero OSHA recordables injury rate in 2024, are outlined in the 2024 Sustainability Report. These goals will continue to guide our actions and our focus over the next several years. We are excited about the future and Ecovyst's key role in making the future more sustainable.' To read the full 2024 Ecovyst Sustainability Report, please go to: About Ecovyst Ecovyst Inc. and subsidiaries is a leading integrated and innovative global provider of advanced materials, specialty catalysts, virgin sulfuric acid and sulfuric acid regeneration services. We support customers globally through our strategically located network of manufacturing facilities. We believe that our products and services contribute to improving the sustainability of the environment. We have two uniquely positioned specialty businesses: Ecoservices provides sulfuric acid recycling to the North American refining industry for the production of alkylate and provides high quality and high strength virgin sulfuric acid for industrial and mining applications. Ecoservices also provides chemical waste handling and treatment services, as well as ex-situ catalyst activation services for the refining and petrochemical industry. Advanced Materials & Catalysts, through its Advanced Silicas business, provides finished silica catalysts, catalyst supports and functionalized silicas necessary to produce high performing plastics and to enable sustainable chemistry, and through its Zeolyst Joint Venture, innovates and supplies specialty zeolites used in catalysts that support the production of sustainable fuels, remove nitrogen oxides from diesel engine emissions and that are broadly applied in refining and petrochemical process. For more information, see our website at For more information:Gene Shiels – Director of Investor Relations(484) 617
Malaysian Reserve
06-05-2025
- Business
- Malaysian Reserve
Ecovyst Completes Acquisition of Waggaman, Louisiana, Sulfuric Acid Assets from Cornerstone Chemical
WAYNE, Pa., May 6, 2025 /PRNewswire/ — Ecovyst Inc. (NYSE: ECVT), a leading integrated and innovative global provider of advanced materials, specialty catalysts, virgin sulfuric acid and sulfuric acid regeneration services ('Ecovyst'), announced today that Eco Services Operations Corp., a wholly-owned subsidiary of Ecovyst, has completed its acquisition of the Waggaman, Louisiana sulfuric acid production assets of Cornerstone Chemical Company. 'We are excited to welcome the Waggaman team to Ecovyst and we look forward to working with our new colleagues as we integrate the Cornerstone assets into our existing network,' said Kurt J. Bitting, Ecovyst's Chief Executive Officer. 'We expect the addition of the Cornerstone assets to translate into increased network flexibility and greater supply reliability for the benefit of our customers, while providing a significant increase in our capacity to serve the future growth in demand we anticipate for virgin sulfuric acid and for sulfuric acid regeneration services.' About Ecovyst Ecovyst Inc. and subsidiaries is a leading integrated and innovative global provider of advanced materials, specialty catalysts, virgin sulfuric acid and sulfuric acid regeneration services. We support customers globally through our strategically located network of manufacturing facilities. We believe that our products and services contribute to improving the sustainability of the environment. We have two uniquely positioned specialty businesses: Ecoservices provides sulfuric acid recycling to the North American refining industry for the production of alkylate and provides high quality and high strength virgin sulfuric acid for industrial and mining applications. Ecoservices also provides chemical waste handling and treatment services, as well as ex-situ catalyst activation services for the refining and petrochemical industry. Advanced Materials & Catalysts, through its Advanced Silicas business, provides finished silica catalysts, catalyst supports and functionalized silicas necessary to produce high performing plastics and to enable sustainable chemistry, and through its Zeolyst Joint Venture, innovates and supplies specialty zeolites used in catalysts that support the production of sustainable fuels, remove nitrogen oxides from diesel engine emissions and that are broadly applied in refining and petrochemical process. For more information, see our website at . Note on Forward-Looking Statements Some of the information contained in this press release constitutes 'forward-looking statements.' Forward-looking statements can be identified by words such as 'anticipates,' 'intends,' 'plans,' 'seeks,' 'believes,' 'estimates,' 'expects,' 'projects,' 'aims' and similar references to future periods. Forward-looking statements are based on our current expectations and assumptions regarding our business, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. We caution you, therefore, against relying on any of these forward-looking statements. They are neither statements of historical fact nor guarantees or assurances of future performance. These forward-looking statements speak only as of the date of this release. We undertake no obligation to update any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by applicable law. For more information: Gene Shiels – Director of Investor Relations (484) 617 1225 View original content to download multimedia: SOURCE Ecovyst Inc.
Yahoo
09-04-2025
- Business
- Yahoo
Ecovyst to Host First Quarter 2025 Earnings Conference Call and Webcast on Thursday, May 1, 2025 at 11:00 a.m. ET
WAYNE, Pa., April 9, 2025 /PRNewswire/ -- Ecovyst Inc. (NYSE: ECVT), a leading integrated and innovative global provider of advanced materials, specialty catalysts and services, announced today that it will conduct a conference call and audio-only webcast on Thursday, May 1, 2025 at 11:00 a.m. Eastern Time to review its first quarter 2025 financial results. Investors may listen to the conference call live via telephone by dialing 1 (800) 225-9448 (domestic) or 1 (203) 518-9708 (international) and use the participant code ECVTQ125. An audio-only live webcast of the conference call and presentation materials can be accessed at A replay of the conference call/webcast will be made available at About Ecovyst Inc. Ecovyst Inc. and subsidiaries is a leading integrated and innovative global provider of advanced materials, specialty catalysts, sulfuric acid and sulfuric acid regeneration services. We support customers globally through our strategically located network of manufacturing facilities. We believe that our products, contribute to improving the sustainability of the environment. We have two uniquely positioned specialty businesses: Ecoservices provides sulfuric acid recycling to the North American refining industry for the production of alkylate and provides high quality and high strength virgin sulfuric acid for industrial and mining applications. Ecoservices also provides chemical waste handling and treatment services, as well as ex-situ catalyst activation services for the refining and petrochemical industry. Advanced Materials & Catalysts, through its Advanced Silicas business, provides finished silica catalysts, catalyst supports and functionalized silicas necessary to produce high performing plastics and to enable sustainable chemistry, and through its Zeolyst Joint Venture, innovates and supplies specialty zeolites used in catalysts that support the production of sustainable fuels, remove nitrogen oxides from diesel engine emissions and that are broadly applied in refining and petrochemical process. Investor Contact: Gene Shiels(484) 617 For more information, see our website at View original content to download multimedia: SOURCE Ecovyst Inc.
Yahoo
18-03-2025
- Business
- Yahoo
Ecovyst Announces Agreement to Acquire Sulfuric Acid Assets from Cornerstone Chemical Company
MALVERN, Pa., March 18, 2025 /PRNewswire/ -- Ecovyst Inc. (NYSE: ECVT), a leading integrated and innovative global provider of advanced materials, specialty catalysts, virgin sulfuric acid and sulfuric acid regeneration services ("Ecovyst"), announced today that it has reached an agreement to acquire the sulfuric acid production assets of Cornerstone Chemical Company located in Waggaman, Louisiana. The acquisition is expected to expand Ecoservices' capacity to serve regeneration and virgin sulfuric acid customers and provide for enhanced flexibility within the Company's existing plant network in the Gulf Coast. Ecovyst plans to fund the acquisition with cash on hand, and the transaction is targeted to close in the second quarter of 2025, subject to customary closing conditions. "The acquisition of Cornerstone's sulfuric acid assets represents a unique opportunity for Ecoservices to strengthen its network of facilities and expand its ability to support the future growth needs of our customers, on a cost-efficient basis," said George L. Vann, President of Ecoservices. "We look forward to serving the Waggaman plant's existing customers and strategically incorporate the acquired assets to support the future growth needs of Ecoservices' customers." "Given its proximity to our existing Baton Rouge site and alignment with our broader Gulf Coast operations, the acquisition of Cornerstone's sulfuric acid assets not only complements Ecoservices' current footprint but is also expected to bolster the resilience of its overall plant network. We are acquiring the assets at a cost below replacement value, aligning with our plan for executing on our high-return organic growth initiatives and targeting strategic bolt-on investments in Ecoservices. Additionally, the assets are being acquired at a transaction multiple basis that is favorable compared to Ecovyst's current trading multiple, considering the expected pro forma EBITDA post-integration," said Kurt J. Bitting, Ecovyst's Chief Executive Officer. "We believe this acquisition is well-aligned with the Company's strategy of prioritizing and pursuing actions that will maximize Ecoservices' value creation potential for shareholders." About Ecovyst Ecovyst Inc. and subsidiaries is a leading integrated and innovative global provider of advanced materials, specialty catalysts, virgin sulfuric acid and sulfuric acid regeneration services. We support customers globally through our strategically located network of manufacturing facilities. We believe that our products and services contribute to improving the sustainability of the environment. We have two uniquely positioned specialty businesses: Ecoservices provides sulfuric acid recycling to the North American refining industry for the production of alkylate and provides high quality and high strength virgin sulfuric acid for industrial and mining applications. Ecoservices also provides chemical waste handling and treatment services, as well as ex-situ catalyst activation services for the refining and petrochemical industry. Advanced Materials & Catalysts, through its Advanced Silicas business, provides finished silica catalysts, catalyst supports and functionalized silicas necessary to produce high performing plastics and to enable sustainable chemistry, and through its Zeolyst Joint Venture, innovates and supplies specialty zeolites used in catalysts that support the production of sustainable fuels, remove nitrogen oxides from diesel engine emissions and that are broadly applied in refining and petrochemical process. For more information, see our website at Note on Forward-Looking Statements Some of the information contained in this press release constitutes "forward-looking statements." Forward-looking statements can be identified by words such as "anticipates," "intends," "plans," "seeks," "believes," "estimates," "expects," "projects," "aims" and similar references to future periods. Forward-looking statements are based on our current expectations and assumptions regarding our business, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. We caution you, therefore, against relying on any of these forward-looking statements. They are neither statements of historical fact nor guarantees or assurances of future performance. These forward-looking statements speak only as of the date of this release. We undertake no obligation to update any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by applicable law. For more information:Gene Shiels – Director of Investor Relations(484) 617 View original content to download multimedia: SOURCE Ecovyst Inc. Sign in to access your portfolio
