Ecovyst has completed its acquisition of Calabrian’s sulfur dioxide and related sulfur derivatives business from INEOS Enterprises.
The deal expands Ecovyst beyond virgin and regenerated sulfuric acid, diversifying its portfolio and end-use exposure.
Calabrian adds strength in mining and water treatment and opens adjacent applications including food processing and pharmaceuticals.
“The completion of the Calabrian acquisition marks an important step in expanding Ecovyst’s capabilities beyond sulfuric acid into sulfur dioxide and related derivatives,” said Kurt J. Bitting, Ecovyst’s Chief Executive Officer. “This transaction expands our platform of leading sulfur solutions by diversifying our product portfolio, enhancing our participation in attractive end use applications, and supporting our strategies focused on driving higher-value growth for the benefit of our stockholders. We expect Calabrian’s strong margins and cash generation capability, together with identified synergy opportunities, to contribute meaningfully to our future financial performance. We are pleased to welcome the Calabrian team to Ecovyst, and we look forward to leveraging their expertise as we execute on our growth strategies on a combined basis.”
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ALCHEMPro News Desk
