Strong Ecoservices Sales Growth
Ecoservices sales increased by 14% compared to the second quarter of 2024, driven by favorable pricing and the addition of the Waggaman site.
Successful Acquisition and Integration
Ecovyst closed the acquisition of the sulfuric acid production assets of Cornerstone Chemical Company, expecting meaningful synergies and benefits upon full integration.
Stock Repurchase
Ecovyst repurchased 2.9 million shares of common stock, totaling approximately $22 million, as part of its focus on delivering value to stockholders.
Positive Demand Outlook
High refinery utilization and positive alkylate economics support demand for regeneration services. Virgin sulfuric acid demand outlook remains positive.
Advanced Materials and Catalysts Segment Performance
Favorable sales timing and mix helped exceed expectations, with anticipated strong sales for hydrocracking catalysts in 2025 surpassing 2024 levels.