MALVERN,
Pa., Jan. 22, 2024 /PRNewswire/ -- Ecovyst Inc.
(NYSE: ECVT) ("Ecovyst" or the "Company"), and its subsidiaries, a
leading integrated and innovative global provider of advanced
materials, specialty catalysts and services, announced today that
it plans to invest in a new air emission control system at its
Orange, Texas site as part of a
project that is expected to increase the efficiency of the
facility's emission control process and, through additional
permitting, enable the future expansion of production capacity.
The site is part of Ecoservices' Chem32 business, a leading
ex-situ sulfiding and pre-activation provider for hydro-processing
catalysts, which are used in the production of traditional and
renewable fuels. Once installed, the new control system is expected
to meet or exceed regulatory-required performance standards for
applicable pollutants and also allow for expansion at the site to
meet the increasing demand for catalysts that are used in the
production of cleaner burning fuels.
About Ecovyst Inc.
Ecovyst Inc. and subsidiaries is a leading integrated and
innovative global provider of advanced materials, specialty
catalysts and services. We support customers globally through our
strategically located network of manufacturing facilities. We
believe that our products, which are predominantly inorganic, and
our 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, and through its Chem32 business,
provides ex-situ catalyst activation services for the refining and
petrochemical industry. Advanced Materials & Catalysts 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 renewable
fuels, remove nitrogen oxides from diesel engine emissions, and
that are broadly applied in refining and petrochemical
processes.
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" 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. Examples of
forward-looking statements include, but are not limited to,
statements regarding our product and service offerings and the
capacity expansion plans described herein. Our actual results may
differ materially from those contemplated by the forward-looking
statements. 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. Factors or events that could cause our actual results to
differ may emerge from time to time, and it is not possible for us
to predict all of them. 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
gene.shiels@ecovyst.com
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SOURCE Ecovyst Inc.