Recent Updates — ECVT
Ecovyst Inc. appointed Laurie Bergman as Vice President, Chief Financial Officer and Treasurer effective August 24, 2026, succeeding Michael Feehan who served in the role since August 2021. Feehan will remain with a subsidiary through September 30, 2026 for transition purposes before departing. Under his severance agreement, Feehan is entitled to two years of base salary and target bonus, a pro rata annual incentive bonus, and COBRA health subsidies. Bergman receives an annual base salary of $470,000, a target bonus equal to 70% of base salary, and equity awards valued between $600,000 and $650,000 annually. She also received a one-time cash sign-on payment of $250,000 and time-based restricted stock units with a grant date value of $450,000. Ecovyst Inc. is a leading provider of regenerated sulfuric acid, virgin sulfuric acid, and sulfur dioxide derivatives for industrial applications.
Ecovyst Inc. reported second quarter 2026 results with sales growing 42% to $250.0 million and net income of $10.7 million, compared to $5.0 million in the prior year period. The company completed the strategic acquisition of the Calabrian sulfur dioxide business from INEOS Enterprises on June 30, 2026. Consequently, Ecovyst raised its full-year 2026 Adjusted EBITDA guidance to a range of $195 million to $207 million and increased sales expectations to $1,020 million–$1,060 million. The company also reported adjusted diluted income per share of $0.21 for the quarter and generated $55.2 million in operating cash flow for the first half of the year. Ecovyst Inc. operates in the chemical industry as a leading provider of regenerated sulfuric acid, virgin sulfuric acid, and sulfur dioxide derivatives.
Ecovyst Inc. completed the acquisition of INEOS Calabrian Holdings Corp. and INEOS Calabrian Corporation Canada, Inc. for a purchase price of $190 million. To finance this transaction, the company's subsidiaries entered into a Fourth Amendment Agreement to secure an additional $100.0 million first lien term loan with a variable interest rate of either Term SOFR plus 2.00% per annum or ABR plus 1.00% per annum. Ecovyst Inc. operates in the specialty chemicals industry.