INEOS Enterprises has completed the $190 million sale of INEOS Calabrian, its ultra-pure sulphur dioxide and derivatives business, to Ecovyst.
The divestment shifts a North American supplier serving speciality chemical, water treatment and mining applications.
Facilities in Texas and Ontario now move into Ecovyst’s next phase after a deal first announced in May 2026.
Ashley Reed, Chairman of INEOS Enterprises, said: “Today marks the successful completion of another value-creating transaction for INEOS Enterprises. Over the last ten years, our team has transformed Calabrian into a safer, stronger and more profitable business with an excellent reputation for quality and reliability.”
“Calabrian is a high-quality business with talented people, loyal customers and strong market positions. We are proud of what has been achieved and thank the entire team for their commitment and contribution. Ecovyst is well positioned to support the next phase of the business’s growth and development.”
The sale reflects INEOS Enterprises’ disciplined approach to portfolio management: acquiring businesses with strong potential, investing to improve their performance and creating value through operational excellence.
INEOS was advised by Piper Sandler and Slaughter & May.
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ALCHEMPro News Desk