tiprankstipranks
Trending News
More News >

Ecovyst sees Q2 adjusted EBITDA $45M-$55M

“Ecovyst (ECVT) supports numerous industries that we believe are vital to fueling the economy and providing the critical materials needed to support the infrastructure and sustainable products required for the future. Our ongoing investments in Kansas City and Orange are evidence of the confidence we have in the long-term growth prospects for the end uses that we serve,” said Bitting. “In addition, on March 18th, we announced that we had reached an agreement to acquire the Cornerstone Chemical sulfuric acid assets. We look forward to the anticipated closing of the transaction in the second quarter and expeditiously integrating it into the Ecoservices segment. We expect this acquisition will enhance our Gulf Coast network and expand our capacity to meet increased customer demand for virgin sulfuric acid and regeneration services.”

Confident Investing Starts Here:

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1