MALVERN,
Pa., April 2, 2024 /PRNewswire/ -- Ecovyst Inc.
(NYSE: ECVT) ("Ecovyst" or the "Company"), a leading integrated and
innovative global provider of advanced materials, specialty
catalysts and services, today announced that it has recognized
three outstanding teams with the Company's 2023 Sustainability
Leadership Awards.
The award winners, which were selected by Chief Executive
Officer Kurt J. Bitting and members
of the executive management team, are the Ecoservices Hammond, Indiana site for the most impactful
Climate Change Reduction Project, the Conshohocken, Pennsylvania Zeolyst
International team for the Best New Sustainable Product and/or
Process, and the Ecoservices Martinez,
California site for the Most Impactful Social Contribution,
during 2023.
"We are proud of all the sustainability efforts undertaken by
our Advanced Materials & Catalysts and Ecoservices business
units throughout 2023, some of which were highlighted in seventeen
applications received and reviewed for these awards," said Mr.
Bitting. "As part of our sustainability focus, this is the second
year that Ecovyst has conducted the Sustainability Leadership Award
program to recognize Ecovyst sites, work teams, or individual
employees that demonstrate meaningful sustainability improvements
in the areas of climate change reduction, product/process
innovation, and social engagement."
To qualify for the awards, detailed applications were submitted
describing particular projects and the resulting sustainability
improvements. From the many impressive projects, the following
projects or teams were selected as the 2023 Sustainability Award
Recipients:
Ecovyst Environmental Initiative Award for the Most Impactful
Climate Change Reduction Project – The Ecoservices Hammond site
for reducing water and chemical solution consumption through its
demineralization project and management system improvements for
resin regeneration. In 2023, approximately 4,530,000 gallons of
water (which roughly equates to the annual water usage of over 40
American homes), 101 tons of 93% acid, 95 tons of 50% NaOH
caustic solution, and 60 dry tons of Mg(OH)2 were
conserved during regeneration cycles, and the resultant, less
frequent resin replacements yielded approximately 1,350 gallons of
waste minimization in 2023.
Ecovyst Sustainable Innovation Award for the Best New
Sustainable Product and/or Process – The Conshohocken Zeolyst
International team for developing an innovative product for use in
Renewable Diesel (RD) and Sustainable Aviation Fuel (SAF)
production to meet the growing demand for reducing transportation
carbon footprints. The carbon footprint of RD and SAF from
waste cooking oil is more than 80% lower than when produced from
crude oil. Biomass conversion to ethanol and then to jet fuel can
reduce greenhouse gas emissions by 60-80% compared with
petroleum-based fuels. RD and SAF are produced from renewable
sources such as plant-based oils, animal fat, waste cooking oil, or
biomass. RD and SAF production units have been built globally,
and a significant new demand for zeolite catalysts has emerged.
The Conshohocken Zeolyst team plays a key role in meeting this
worldwide demand.
Ecovyst Community Impact Award for the Most Impactful Social
Contribution – The Ecoservices Martinez site for leveraging
community engagement with an emphasis on participation and
relationship building through the Community Advisory Panel (CAP)
founded in 1992. The Site also maintained exceptional community
relationships with various other industry coalitions,
community-based organizations, and charitable organizations,
including the Martinez Community Foundation and Chamber of
Commerce. Specifically, the Martinez site participated in numerous
community events, including the 5K
Run for Education and Cars 4 Community, and supported various youth
initiatives, including the Yacht Club Sea Scouts and local sports
programs. Significant contributions were made over 2023 to health
and safety, economic development, and sustainable growth in the
Martinez area. As reinforced by
testimonials from community leaders, government officials, local
businesses, and neighboring citizens, the Site's continuous
collaboration with the CAP and other organizations has created
lasting social impact and positive change by making the community
more inclusive, safer, and more resilient.
We congratulate these award recipients for their leadership in
supporting our sustainability goals and proudly thank all our
applicants and employees who demonstrate their commitment to
sustainability on a daily basis.
About Ecovyst Inc.
Ecovyst Inc. and subsidiaries is a leading integrated and
innovative global provider of advanced materials, specialty
catalysts and services. We support customers globally through our
strategically located network of manufacturing facilities. We
believe that our products and our 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 high quality and high strength
virgin sulfuric acid for industrial and mining applications.
Ecoservices also provides chemical waste handling and treatment
services, as well as ex-situ catalyst activation services for the
refining and petrochemical industry. Advanced Materials
& Catalysts provides finished silica catalysts,
catalyst supports and functionalized silicas necessary to produce
high performing plastics and to enable sustainable chemistry, and
through its Zeolyst Joint Venture, innovates and supplies specialty
zeolites used in catalysts that support the production of
sustainable fuels, remove nitrogen oxides from diesel engine
emissions, and that are broadly applied in refining and
petrochemical processes.
For more information, see our website at
https://www.ecovyst.com.
Investors:
Gene Shiels
– Director of Investor Relations
(484) 617-1225
Gene.Shiels@ecovyst.com
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SOURCE Ecovyst Inc.