Ecovyst Inc. Completes Acquisition of Sulfuric Acid Assets in Louisiana

Ecovyst Inc. Expands Operations with Strategic Acquisition

Ecovyst Inc., a publicly traded company on the New York Stock Exchange under the ticker symbol ECVT, has made significant strides in enhancing its manufacturing capabilities by acquiring the sulfuric acid production assets located in Waggaman, Louisiana from Cornerstone Chemical Company. The acquisition was finalized on May 6, 2025, as announced by the company's Chief Executive Officer, Kurt J. Bitting. This strategic move not only broadens Ecovyst's operational footprint but also integrates new technology and expertise from the Cornerstone team into its umbrella.

A Step Towards Greater Sustainability

Ecovyst is well-known for its commitment to producing advanced materials and specialty catalysts that promote sustainability. By adding the Waggaman assets, the company aims to bolster its capacity to supply high-quality virgin sulfuric acid for various industrial applications while enhancing its sulfuric acid regeneration services. These efforts align with Ecovyst's mission to support environmental sustainability in the chemical industry.

Benefits for Customers and Future Growth

The integration of the new assets is expected to provide increased network flexibility and improve supply reliability. Ecovyst anticipates that these enhancements will meet the growing demand for virgin sulfuric acid and related recycling services, which are essential in several sectors including refining and petrochemicals. According to Bitting, the additional capacity will allow the company to support the anticipated future growth in demand, providing customers with high-strength virgin sulfuric acid, essential for producing alkylate, as well as chemical waste handling and treatment services.

Economic Impact on the Local Community

As part of this acquisition, Ecovyst not only brings new assets into its operations but also welcomes the existing workforce from Cornerstone. This merger fosters a collaborative environment aimed at innovation and operational efficiency. The local economy around Waggaman stands to benefit from the continued operation and employment opportunities provided by Ecovyst, ensuring that local talent is effectively utilized in the company's expanding operations.

About Ecovyst

Ecovyst operates through two main sectors: Ecoservices and Advanced Materials. Ecoservices focuses on the recycling of sulfuric acid and the production of quality virgin sulfuric acid for the North American refining industry. In contrast, Advanced Materials Catalysts is known for producing a variety of catalyst bases essential for sustainable chemistry applications. Through innovative practices, Ecovyst supports environmental sustainability and enhances its customers' production capabilities.

Looking Ahead

While the acquisition marks a pivotal moment for Ecovyst, the firm remains cautious about future developments, as all mergers involve innate uncertainties and risks. However, the leadership at Ecovyst expresses optimism regarding the integration process and the potential benefits that will unfold from it in terms of production efficiency and market reach. In conclusion, Ecovyst's commitment to sustainability and innovation continues to drive its growth strategy, aiming to meet the increasing demands of the global chemical market. For more information about the services and products offered by Ecovyst, you can visit their official website at https://www.ecovyst.com.