Reports Q3 revenue $204.9M, consensus $207.74M. “As a result of a comprehensive strategic review process, during the third quarter we announced the agreement to sell our Advanced Materials & Catalysts segment to Technip Energies for a purchase price of $556 million. The transaction is expected to close in the first quarter of 2026 and we anticipate using between $450 million and $500 million of the expected $530 million net proceeds to reduce our long-term debt, resulting in a projected net debt leverage ratio of below 1.5x,” said Mike Feehan, Ecovyst’s (ECVT) Chief Financial Officer. “The sale reflects our continued commitment to unlocking value for stockholders.”
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