Ecovyst agrees to buy INEOS Calabrian sulfur derivatives business for $190 million
Ecovyst Inc
Ecovyst Inc ECVT | 0.00 |
- Ecovyst agreed to buy INEOS Enterprises’ Calabrian sulfur dioxide and sulfur derivatives business for USD 190 million, subject to customary adjustments.
- Deal is expected to close by end of Q2 2026.
- Calabrian operates manufacturing sites in Port Neches, Texas, and Timmins, Ontario.
- Ecovyst expects acquisition to broaden its sulfur chemistry portfolio, adding sulfur dioxide and related derivatives used in mining, water treatment, and specialty chemicals.
- Purchase is expected to be funded with cash on hand plus new debt financing; Calabrian trailing 12-month adjusted EBITDA was about USD 23.7 million, implying an 8x multiple.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ecovyst Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202605010645PR_NEWS_USPR_____PH48830) on May 01, 2026, and is solely responsible for the information contained therein.
