Select Page

Ecovyst Inc. has launched a strategic review of its “Advanced Materials and Catalysts” (AM&C) business to increase shareholder value. The AM&C unit consists of two businesses: Advanced Silicas and Zeolyst, a joint venture with Shell. The review aims to enhance the unit’s performance and may or may not result in a transaction or outcome. Ecovyst’s silica-based materials and catalysts are used to produce polyolefins, biocatalysts, and functional chemicals. The company developed a silica-based catalyst to produce bio-based butadiene for green rubber production in partnership with a value-chain partner company in 2022. The review is expected to be completed by mid-2025.

Read the Full Article