
Ecovyst transformed its portfolio by divesting Advanced Materials & Catalysts at 9.8x EBITDA and acquiring Calabrian at 8x EBITDA, enhancing its sulfur platform. ECVT's Q2 2026 saw sales rise 42% and adjusted EBITDA up 26.7%, driven by volume growth, pass-through pricing, and strategic asset integration. Recurring revenues, regional logistics barriers, and long-term contracts position ECVT as critical process infrastructure, not a commodity chemical producer.










