Ecovyst Inc., an integrated global provider of advanced materials, specialty catalysts, virgin sulfuric acid and sulfuric acid regeneration services announced that it will acquire the sulfuric acid production assets of Cornerstone Chemical Co. in Waggaman.
The acquisition is expected to expand Ecoservices’ capacity to serve regeneration and virgin sulfuric acid customers and provide for enhanced flexibility within the company’s existing plant network in the Gulf Coast. Ecovyst plans to fund the acquisition with cash on hand, and the transaction is targeted to close in second quarter2025.
“The acquisition of Cornerstone’s sulfuric acid assets represents a unique opportunity for Ecoservices to strengthen its network of facilities and expand its ability to support the future growth needs of our customers on a cost-efficient basis,” says George L. Vann, president of Ecoservices. Read more from the announcement.
