Nov 29, 2023 / 01:10PM GMT
Roger Neil Spitz - BofA Securities, Research Division - Director & High Yield Research Analyst
(technical difficulty)
Chemicals and paper and packaging sectors at Bank of America and I'm pleased to host a fireside chat with Ecovyst Head of Investor Relations, Gene Shiels; and Treasurer, Nate Connor.
Over the past few years, Ecovyst has made a substantial transformation from PQ Corp., Including the $650 million sale of Performance Materials, aka Potters, to the Jordan Company in December 2020 to the $1.1 billion sale of Performance Chemicals to Cerberus and Koch Minerals in August '21.
Ecovyst now reports in 2 segments, Ecoservices, which includes Sulfuric Acid Regen Services business, which basically sells strong acids, which weakens in the customer's process, customer returns it, the weak acid, to Ecovyst to restrengthen it and resell it, this regen acid to the customer.
And then Catalyst Technology, which manufactures catalysts for the manufacturer of polyethylene and methyl methacrylate, the monomer to make PMMA, which is often known as Plexiglass and the
Ecovyst Inc at Bank of America Leveraged Finance Conference Transcript
Feb 10, 2024
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