Robert Coxon
On May 3, 2024, Robert Coxon notified Ecovyst Inc. (the “Company”) that he would be resigning from the Company’s Board of Directors (the “Board”), effective 5:00 p.m. Eastern Time on May 8, 2024.
Highest-materiality recent filing
Completed acquisition of INEOS Calabrian Holdings Corp. and INEOS Calabrian Corporation Canada for $190M, subject to customary adjustments.
Ecovyst Q1 sales up 50% to $215M, adj EBITDA $39.8M; raises 2026 guidance
Sales $215.0M (+50% YoY); net income $5.7M vs ($8.1M) loss; adjusted diluted EPS $0.11.
Ecovyst to acquire INEOS Calabrian SO2 business for $190M
Purchase price of $190M for entire issued share capital of INEOS Calabrian Holdings Corp. and INEOS Calabrian Corporation Canada, Inc.
Ecovyst Q4 2025 sales $199.4M, adj EBITDA $51.3M; divests Advanced Materials for $556M
Q4 2025 sales $199.4M, up 34% YoY; net income $9.2M vs $23.8M in Q4 2024.
Completed sale of Advanced Materials & Catalysts business to Technip Energies for $556M cash on Dec 31, 2025.
Ecovyst Q3 sales $204.9M, Adj EBITDA $57.5M; sells AM&C for $556M, updates buyback plan
Sales from continuing ops $204.9M (+33% YoY); net income $0.4M vs $14.8M a year ago.
Ecovyst to sell Advanced Materials & Catalysts business to Technip Energies for $556M cash
Purchase price $556M in cash, subject to adjustments for debt, cash, working capital and transaction expenses.
Ecovyst announces involuntary departure of George L. Vann, Jr., effective Aug 11, 2025
George L. Vann, Jr. separated involuntarily from Ecovyst on August 11, 2025.
Ecovyst Q2 sales rise 9% to $200.1M; adj EBITDA $55.7M; guidance tightened
Net income $6.0M ($0.05 diluted EPS); adjusted net income $13.7M ($0.12 adj diluted EPS).
Q1 2025 sales of $162.2M vs $160.5M a year ago; net loss of $3.6M vs net income of $1.2M.
Ecovyst amends ABL facility; maturity extended to 2030, rates lowered
Maturity extended by over three years to April 10, 2030 on Amended ABL Credit Agreement.
Ecovyst Q4 net loss $30.5M on $65M impairment; guides 2025 sales $755-815M
Q4 net loss $30.5M (diluted loss $0.26) vs net income $30M a year ago; includes $65M non-cash impairment on Zeolyst JV.
Ecovyst Q3 sales up 3.4% to $179.2M; net income falls to $14.3M
Sales $179.2M (+3.4% YoY); net income $14.3M vs $16.6M y/y; diluted EPS $0.12.
Ecovyst Q2 net income falls 68% to $8.3M; cuts FY2024 Adj EBITDA guidance by ~10%
Q2 sales $182.8M vs $184.1M YoY; net income $8.3M vs $26.1M; diluted EPS $0.07.
Ecovyst refinances $873M term loan; reduces interest rate, extends maturity to 2031
Borrowed $873M in new Second Amendment Term Loans to repay existing term loans in full.
Ecovyst Q1 2024: Sales flat at $160.5M, net income $1.2M vs loss, Adj EBITDA up 6% to $45.5M
Sales $160.5M (flat YoY); net income $1.2M vs loss of $1.5M; diluted EPS $0.01.
Ecovyst FY 2023 sales fall 15.7% to $691.1M; adj. EPS $0.75
Full-year sales $691.1M, down from $820.2M in 2022 on lower sulfur costs and volume declines.
Ecovyst Q3 sales fall to $173.3M (-25% YoY); adjusted EPS $0.19
Sales of $173.3M vs $232.5M a year ago, driven by lower sulfur cost pass-through (~$39M) and reduced volumes.
Ecovyst Q2 sales $184.1M (-18% YoY); net income +36% to $26.1M, adj EPS $0.29; guidance lowered
Sales of $184.1M, down 18% YoY from $225.2M, primarily due to ~$32M lower pass-through of sulfur costs.
14M shares offered by INEOS Limited at $10.8808; underwriter has 30-day option for additional 2.1M shares.
Ecovyst Q1 net loss $1.5M on sales $160.9M; adjusted EPS $0.06, guidance reaffirmed
Sales $160.9M vs $179.7M YoY, down 10.5% on lower volumes from Winter Storm Elliott and maintenance.
Ecovyst repurchases $29.85M of stock from underwriter in secondary offering
Underwriting agreement for 11.49M shares sold by selling stockholders at $9.95/share.
Ecovyst FY2022 sales up 34% to $820M, Adj EBITDA up 22% to $277M, exceeding guidance
Full-year sales $820.2M (+34.2% YoY); net income $69.8M vs $1.8M prior year; diluted EPS $0.52.
Ecovyst announces secondary offering of 17.5M shares; to repurchase 8M shares for $63M
Selling stockholders offering 17.5M shares (plus 2.625M option) of ECVT common stock at $7.87875/share.
Ecovyst Q3 sales up 39% YoY to $233M; reaffirms adjusted EBITDA guidance
Net income $21M, diluted EPS $0.16; adjusted net income $31M, adjusted diluted EPS $0.23.
Ecovyst Q2 sales up 53% to $225M; raises full-year sales and adjusted EBITDA guidance
Net income $19M, diluted EPS $0.14; adjusted diluted EPS $0.22.
CEO Belgacem Chariag departed April 25, 2022; receives severance including base salary and target bonus for 24 months.
Ecovyst promotes Kurt Bitting to CEO, Q1 sales up 42%, starts share buyback
Kurt Bitting promoted to CEO; Kevin Fogarty appointed Chairman; two new independent directors added.
Ecovyst reports Q4/FY2021 sales up 23%; guides 16% Adjusted EBITDA growth in 2022
FY2021 sales $611.2M (+23% YoY); net income $1.8M (diluted EPS $0.01); Adjusted EBITDA $227.6M (+18%).
On May 3, 2024, Robert Coxon notified Ecovyst Inc. (the “Company”) that he would be resigning from the Company’s Board of Directors (the “Board”), effective 5:00 p.m. Eastern Time on May 8, 2024.
On February 22, 2024, the Board of Directors (the “Board”) of Ecovyst Inc. (the “Company”) appointed Sarah Lorance as a Class I director, effective March 1, 2024.
On December 12, 2023, Jonny Ginns notified Ecovyst Inc. (the “Company”) that he would be resigning from the Company’s Board of Directors (the “Board”), effective December 31, 2023.
The Board has nominated Kevin M. Fogarty, currently a Class I Director, for election at the Company’s 2023 Annual Meeting as a Class III Director.
On April 5, 2023, Timothy Walsh notified Ecovyst Inc. (the “Company”) that he would be resigning from the Board of Directors (the “Board”) effective as of immediately prior to the commencement of the Company’s 2023 Annual Meeting of Stockholders (the “2023 Annual Meeting”) and that he will not stand for re-election to the Board at the 2023 Annual Meeting.
On November 22, 2022, Mark McFadden notified the Company that he would also be resigning from the Board effective December 31, 2022.
On November 21, 2022, Andrew Currie notified Ecovyst Inc. (the “Company”), that he would be resigning from the Company’s Board of Directors (the “Board”), effective December 31, 2022.
On November 3, 2022, Thomas Schneberger, President of Ecovyst Inc. (“the Company”), provided notice of his resignation from the Company, effective November 29, 2022.
On July 27, 2022, each of Greg Brenneman and Martin Craighead notified Ecovyst Inc. (the “Company”), respectively, that they would be resigning from the Company’s Board of Directors (the “Board”), effective July 27, 2022.
On July 27, 2022, the Board appointed Anna C. Catalano as a Class I director, effective July 27, 2022.
On July 27, 2022, each of Greg Brenneman and Martin Craighead notified Ecovyst Inc. (the “Company”), respectively, that they would be resigning from the Company’s Board of Directors (the “Board”), effective July 27, 2022.
Belgacem Chariag departed from his positions as Chief Executive Officer and President and resigned as a member of the Board of Directors (the Board) of the Company, effective April 25, 2022
Max materiality 0.90 · Median 0.60 · Most common event earnings