Ecovyst Inc - Company Profile
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Ecovyst Inc (Ecovyst), formerly PQ Group Holdings Inc, is a manufacturer of catalysts and provider of refining and regeneration services. It offers zeolite catalysts, silica catalysts, refining services, silicate products, and its derivatives, and specialty glass products. The company’s products and services find use in fuel and emission controls, consumer products, packaging and engineering plastics, highway safety, and construction, industrial and process chemicals, and natural resource markets. Ecovyst’s refining services include recycling and logistics for refiners that use sulfuric acid in their alkylation units. The company conducts business operations in Asia-Pacific, North America, South America, and Europe. Ecovyst is headquartered in Malvern, Pennsylvania, the US.
Headquarters
United States of America
Address
300 Lindenwood Drive, Malvern, Pennsylvania, 19355
Website
www.ecovyst.com
Telephone
1 484 6171200
No of Employees
890
Industry
Chemicals
Ticker Symbol & Exchange
ECVT (NYSE)
Revenue (2022)
$691.1M
-15.7%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
-3.5%
(2022 vs 2021)
Market Cap*
$1.1B
Net Profit Margin (2022)
XYZ
14.6%
(2022 vs 2021)
* As of and is in US$
Products and Services
| Products | Services | Brands |
|---|---|---|
| Magnesium Silicates | Refining services | Starso |
| Lithium Silicates | Industrial Field Services | Star |
| Potassium Silicates | Water Treatment Solutions | Ecodrill |
| XYZ | XYZ | |
| XYZ | XYZ | |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Corporate Changes/Expansions | In December, the company rebranded its Advanced Silicas product portfolio. |
| 2023 | Plans/Strategy | In September, the company announced its plans to expand silica catalyst production capability at its manufacturing facility in Kansas City. |
| 2023 | Stock Listings/IPO | In March, the company announced the pricing of its Secondary Offering of 11,490,444 Shares of Common Stock by Selling Stockholders and Repurchase of Common Stock. |
Competitor Comparison
| Key Parameters | Ecovyst Inc | Evonik Industries AG | Albemarle Corp | Tosoh Corp | Axens SA |
|---|---|---|---|---|---|
| Headquarters | United States of America | Germany | United States of America | Japan | France |
| City | Malvern | Essen | Charlotte | Minato-Ku | Paris |
| State/Province | Pennsylvania | Baden-Wurttemberg | North Carolina | Tokyo | Ile-de-France |
| No. of Employees | 890 | 33,409 | 9,000 | 14,266 | 2,000 |
| Entity Type | Public | Public | Public | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Kevin M. Fogarty | Chairman | Executive Board | 2022 | 57 |
| Kurt J. Bitting | Chief Executive Officer; Director | Executive Board | 2022 | 47 |
| Michael Feehan | Vice President; Chief Financial Officer | Senior Management | 2021 | 46 |
| William J. Sichko, Jr. | Vice President; Chief Administrative Officer | Senior Management | 2005 | 68 |
| Kara L. Thornton | Chief Human Resources Officer; Vice President | Senior Management | 2024 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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