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Ecovyst Inc. - ECVT STOCK NEWS

Welcome to our dedicated page for Ecovyst news (Ticker: ECVT), a resource for investors and traders seeking the latest updates and insights on Ecovyst stock.

Ecovyst Inc. (NYSE: ECVT) is a dynamic catalyst and services company with a robust history spanning over 200 years under the umbrella of PQ Corporation. Ecovyst operates through two core business segments: Ecoservices and Advanced Materials & Catalysts, both committed to fostering ecological health and driving customer growth.

Ecoservices specializes in sulfuric acid recycling for North American refineries, crucial for producing high-value alkylate used in gasoline. They also supply on-purpose virgin sulfuric acid for various industrial applications, including mining, water treatment, and agriculture. Their regeneration services support stringent gasoline standards and high-octane premium fuel production, ensuring higher fuel efficiency and cleaner emissions.

Advanced Materials & Catalysts focuses on providing proprietary and customized catalysts that improve fuel efficiency and reduce emissions. This segment includes their joint venture, Zeolyst, which innovates in the production of zeolites used in renewable fuels, refining, and emissions control systems. Their silica catalysts are essential in producing high-strength plastics and other sustainable materials.

Recent achievements include the launch of Zeolyst's branded product portfolio, highlighting their innovative approach to sustainable catalysis and adsorption for a greener future. Financially, Ecovyst reported a stable outlook despite macroeconomic challenges, reflecting strong demand fundamentals and strategic investments aimed at enhancing production capabilities and environmental performance.

Looking ahead, Ecovyst plans to further its commitment to sustainability with initiatives like the installation of an advanced emission control system at their Orange, Texas site, aimed at meeting regulatory standards and expanding production capacity to meet growing demand for cleaner fuels.

With a strong commitment to innovation, strategic partnerships, and sustainable practices, Ecovyst Inc. continues to play a pivotal role in advancing clean energy solutions and ecological health.

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Ecovyst Inc. (ECO) announces a rebranding of its Advanced Silicas product portfolio, highlighting its expanding portfolio breadth, technology, and product development capability. The rebranding initiative focuses on serving the evolving needs of customers and emphasizes the company's commitment to environmental stewardship. The Advanced Silicas product lines include AlphaPol™, AlphaCat®, AlphaSelect®, and AlphaBloc™, each with specific applications in polyethylene products, sustainable processes, carbon capture, and high clarity films.
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Ecovyst Inc. (ECVT) to present at Bank of America Leveraged Finance Conference. Gene Shiels and Nate Connor to discuss at 8:10 a.m. Eastern on Wednesday, November 29th. Webcast available on Ecovyst's website for 90 days.
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Ecovyst Inc. reports Q3 2023 results with sales of $173.3 million, a decrease from $232.5 million in Q3 2022. Net income was $16.6 million, compared to $21.3 million in the year-ago quarter. Adjusted EBITDA was $67.9 million, with an Adjusted EBITDA margin of 32.3%. The company announced a planned expansion of silica catalyst production capacity in Kansas City, KS. They also repurchased 541,494 shares for a total cost of $5.3 million.
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Ecovyst Inc. to conduct conference call and webcast to review Q3 2023 financial results
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Zeolyst International, a leading producer of zeolites, has launched its branded product portfolio. The portfolio includes Opal Renew™ for renewable fuels production, Opal Infinity™ for advanced recycling, Opal Pure™ for clean air applications, and Opal Blue™ for clean water technologies. Zeolyst aims to drive advancements in zeolite catalysis and adsorption for a greener, more sustainable future.
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Ecovyst Inc. announces Investor Day on November 28, 2023, to provide an overview of the company's businesses and growth strategies.
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Ecovyst Inc. plans to expand silica catalyst production capability at its Kansas City facility, expecting a 50% increase in production by late 2025. Growing consumer demand for plastics is driving the global expansion of polyethylene production.
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Ecovyst Inc. CEO and CFO to present at CL King 21st Annual Best Ideas Conference
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Ecovyst to present at Jefferies Industrials Conference
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Ecovyst appoints Colleen Grace Donofrio as Vice President - Environment and Sustainability
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FAQ

What is the current stock price of Ecovyst (ECVT)?

The current stock price of Ecovyst (ECVT) is $8.12 as of November 21, 2024.

What is the market cap of Ecovyst (ECVT)?

The market cap of Ecovyst (ECVT) is approximately 937.9M.

What are the main business segments of Ecovyst Inc.?

Ecovyst operates through two main segments: Ecoservices, which provides sulfuric acid recycling and virgin sulfuric acid for various industries, and Advanced Materials & Catalysts, which offers proprietary and customized catalysts for cleaner fuels and sustainable materials.

What recent achievements has Ecovyst Inc. made?

Ecovyst recently launched Zeolyst's branded product portfolio and reported stable financial results despite economic challenges, driven by strong demand for their regeneration services and catalysts.

What role does Ecovyst play in sustainability?

Ecovyst contributes to sustainability through their sulfuric acid recycling, which supports cleaner fuel production, and through their advanced catalysts, which improve fuel efficiency and reduce emissions.

How does Ecovyst support ecological health?

Ecovyst's technologies and products support ecological health by contributing to lower emissions, cleaner air, and the transition to clean energy through their specialized catalysts and services.

What strategic investments is Ecovyst currently making?

Ecovyst is investing in an advanced emission control system at their Orange, Texas site and expanding their silica catalyst production capabilities to meet growing demand for cleaner fuels and sustainable materials.

How does Ecovyst's Ecoservices segment contribute to the refining industry?

Ecoservices provides sulfuric acid recycling for refineries, supporting the production of alkylate, a component critical for high-octane gasoline. They also supply virgin sulfuric acid for water treatment, mining, and other industrial uses.

What are the key products offered by Ecovyst's Advanced Materials & Catalysts segment?

Advanced Materials & Catalysts offers silica-based catalysts and supports, essential for producing high-strength plastics and sustainable materials. They also provide specialty zeolites through their Zeolyst joint venture.

What financial outlook has Ecovyst provided for the coming year?

Ecovyst expects continued strong demand for their regeneration services and moderate recovery in virgin sulfuric acid sales, with significant growth anticipated in catalysts for sustainable fuels and advanced recycling technologies.

How does Ecovyst plan to manage its capital allocation in the future?

Ecovyst's capital allocation strategy focuses on strategic investments in emerging technologies and core businesses, supported by strong cash generation and a flexible approach to funding operations and share repurchases.

What are some of Ecovyst's key sustainability initiatives?

Ecovyst's sustainability initiatives include advanced catalyst technologies that support cleaner fuel production, innovative recycling solutions, and ongoing efforts to enhance their manufacturing processes with a focus on environmental stewardship.

Ecovyst Inc.

NYSE:ECVT

ECVT Rankings

ECVT Stock Data

937.90M
105.71M
9.27%
94.17%
2.44%
Specialty Chemicals
Chemicals & Allied Products
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United States of America
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