Ecovyst Announces Planned Expansion of Kansas City, KS Silica Catalyst Production Capability
September 13 2023 - 7:00AM
Business Wire
Ecovyst Inc. (NYSE: ECVT) (“Ecovyst” or the “Company”), a
leading integrated and innovative provider of specialty catalysts
and services, today announced plans to expand silica catalyst
production capability at its manufacturing facility in Kansas City,
KS.
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Ecovyst Kansas City, KS Plant (Photo:
Business Wire)
The company expects that growing consumer demand for plastics
will continue to drive the global expansion of polyethylene
production over the coming years. Silica supported catalysts play a
crucial role in the production of high-density polyethylene (HDPE)
and linear-low density polyethylene (LLDPE). The Kansas City
expansion is expected to increase the site’s silica catalyst
production capability by approximately 50% and is anticipated to
start late 2025.
“Our material expertise and customer intimacy enables us to
design, develop and manufacture advanced silicas and catalysts to
help improve our customers’ product and process performance,” said
Kurt J. Bitting, Ecovyst’s Chief Executive Officer. “This is
carried out through long standing technical and commercial
relationships with our key customers. The expansion of our Kansas
City production facility is supported by additional long term
customer commitments further enabling Ecovyst and its valued
customers to benefit from the rising demand for polyethylene
products.”
Paul Whittleston, President of the Catalyst Technologies segment
of Ecovyst, added: “We are delighted to have strong long-term
partnerships with our key polyethylene customers that leverage our
deep material science R&D and manufacturing capabilities. This
is a very exciting time for our Ecovyst team as we invest and
expand.”
The Kansas City, KS site is part of Ecovyst’s strategically
located global production network. This latest expansion comes on
the heels of an investment that already increased silica catalyst
production capacity at the site in 2021.
ABOUT ECOVYST
Ecovyst Inc. and subsidiaries is a leading integrated and
innovative global provider of specialty catalysts and services. We
support customers globally through our strategically located
network of manufacturing facilities. We believe that our products,
which are predominantly inorganic, and services contribute to
improving the sustainability of the environment.
We have two uniquely positioned specialty businesses:
Ecoservices provides sulfuric acid recycling to the North American
refining industry for the production of alkylate and provides
on-purpose virgin sulfuric acid for water treatment, mining, and
industrial applications; and Catalyst Technologies provides
finished silica catalysts and catalyst supports necessary to
produce high strength and high stiffness plastics and, through its
Zeolyst joint venture, supplies zeolites used for catalysts that
remove nitrogen oxides from diesel engine emissions as well as
sulfur from fuels during the refining process. For more
information, see our website at https://www.ecovyst.com.
Note on Forward-Looking Statements
Some of the information contained in this press release
constitutes “forward-looking statements.” Forward-looking
statements can be identified by words such as “anticipates,”
“intends,” “plans,” “seeks,” “believes,” “estimates,” “expects,”
“projects” and similar references to future periods.
Forward-looking statements are based on our current expectations
and assumptions regarding our business, the economy and other
future conditions. Because forward-looking statements relate to the
future, they are subject to inherent uncertainties, risks and
changes in circumstances that are difficult to predict. Examples of
forward-looking statements include, but are not limited to,
statements regarding our product and service offerings and the
capacity expansion plans described herein. Our actual results may
differ materially from those contemplated by the forward-looking
statements. We caution you, therefore, against relying on any of
these forward-looking statements. They are neither statements of
historical fact nor guarantees or assurances of future performance.
These forward-looking statements speak only as of the date of this
release. Factors or events that could cause our actual results to
differ may emerge from time to time, and it is not possible for us
to predict all of them. We undertake no obligation to update any
forward-looking statement, whether as a result of new information,
future developments or otherwise, except as may be required by
applicable law.
Ecovyst, Inc. P.O. Box 834, Valley Forge, PA 19482 • Phone: +1
(484) 617-1200 • Website: ecovyst.com
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version on businesswire.com: https://www.businesswire.com/news/home/20230913474490/en/
For further information: Gene Shiels (484) 617-1225
Gene.Shiels@ecovyst.com
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