US EditionPublished • loading... • Updated
Ecovyst Announces Agreement to Sell its Advanced Materials & Catalyst Segment to Technip Energies
- Technip Energies has entered into a definitive agreement to acquire Ecovyst's Advanced Materials & Catalysts business for US$556 million, enhancing its catalyst capabilities and technology offering.
- This acquisition is expected to increase recurring revenues and is immediately accretive to earnings and cash flow for Technip Energies.
- CEO Arnaud Pieton stated that the acquisition of Advanced Materials & Catalysts is in line with their disciplined capital allocation strategy to drive long-term value creation.
- The transaction is pending regulatory approvals and is expected to close by the first quarter of 2026.
Insights by Ground AI
28 Articles
28 Articles
Rutland Herald+25 Reposted by 25 other sources
Ecovyst Announces Agreement to Sell its Advanced Materials & Catalyst Segment to Technip Energies
WAYNE, Pa., Sept. 11, 2025 /PRNewswire/ -- Ecovyst Inc. (NYSE: ECVT) ("Ecovyst" or the "Company"), a leading integrated and innovative global provider of advanced materials, specialty catalysts, virgin sulfuric acid and sulfuric acid regeneration services , announced today that it…
Coverage Details
Total News Sources28
Leaning Left4Leaning Right3Center7Last UpdatedBias Distribution50% Center
Bias Distribution
- 50% of the sources are Center
50% Center
L 29%
C 50%
R 21%
Factuality
To view factuality data please Upgrade to Premium
