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Ecovyst Announces Agreement to Acquire Sulfuric Acid Assets from Cornerstone Chemical Company [Yahoo! Finance]

Ecovyst Inc. (ECVT) 
Company Research Source: Yahoo! Finance
catalysts, virgin sulfuric acid and sulfuric acid regeneration services ("Ecovyst"), announced today that it has reached an agreement to acquire the sulfuric acid production assets of Cornerstone Chemical Company located in Waggaman, Louisiana . The acquisition is expected to expand Ecoservices' capacity to serve regeneration and virgin sulfuric acid customers and provide for enhanced flexibility within the Company's existing plant network in the Gulf Coast. Ecovyst plans to fund the acquisition with cash on hand, and the transaction is targeted to close in the second quarter of 2025, subject to customary closing conditions. Ecovyst Logo (PRNewsfoto/Ecovyst Inc.) "The acquisition of Cornerstone's sulfuric acid assets represents a unique opportunity Read more
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