Exhibit 99.1 Ecovyst Reports Second Quarter 2024 Results MALVERN, PA, August 1, 2024 -- Ecovyst Inc. (NYSE: ECVT) ("Ecovyst" or the "Company"), a leading integrated and innovative global provider of advanced materials, specialty catalysts and services, today reported results for the second quarter ended June 30, 2024 and updated fiscal 2024 guidance. Second Quarter 2024 Results & Highlights ▪ Sales of $182.8 million, compared to $184.1 million in the second quarter of 2023, reflecting lower average selling ...

MALVERN, Pa., Aug. 1, 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 reported results for the second quarter ended June 30, 2024 and updated fiscal 2024 guidance. Second Quarter 2024 Results & Highlights Sales of $182.8 million, compared to $184.1 million in the second quarter of 2023, reflecting lower average selling prices in Ecoservices as a result of the passth ...

MALVERN, Pa., July 25, 2024 /PRNewswire/ -- Ecovyst Inc. (the "Company"), a leading innovative and integrated global provider of advanced materials, specialty catalysts and services, is proud to announce a key equity investment of $4.5 million in Pajarito Powder, an innovative materials science company that specializes in supports and catalysts required for electrolyzers and fuel cells. Pajarito Powder is expected to deploy the Ecovyst investment to advance its strongly positioned technology, deepen custome ...

MALVERN, Pa., July 15, 2024 /PRNewswire/ -- Ecovyst Inc. (NYSE: ECVT), a leading integrated and innovative global provider of advanced materials, specialty catalysts and services, announced today that it will conduct a conference call and audio-only webcast on Thursday, August 1, 2024 at 11:00 a.m. Eastern Time to review its second quarter 2024 financial results. Ecovyst Inc. and subsidiaries is a leading integrated and innovative global provider of advanced materials, specialty catalysts and services. We s ...

I started tracking Ecovyst (NYSE:ECVT) in 2023 and quickly realized they had a very durable business, competitively speaking, which anyone would find attractive. Their share price has fallen nearly 20% since the ~$11/share price in March, leading me to circle back around. The fundamental story is one of stability - being largely levered to oil and gas production and industrial activity, they're not a growth-y business. However, while most people would disregard this stock for terminal value reasons given th ...

To read the full 2023 Ecovyst Sustainability Report, please go to: https://www.ecovyst.com/wpcontent/uploads/2024/06/Ecovyst-2023-Sustainability-Report.pdf 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 ...

Core Viewpoint - Ecovyst Inc. has successfully amended and extended its senior secured term loan facility, resulting in a lower interest rate and an extended maturity, which is expected to enhance financial flexibility and reduce cash interest expenses [1][4][7]. Financial Summary - The Amended Term Loan Facility totals $873 million with a floating interest rate of SOFR plus 2.25%, down from SOFR plus 2.75%, and matures in June 2031 [1]. - The refinancing is anticipated to reduce cash interest expenses by approximately $3 million annually [4]. Business Overview - Ecovyst Inc. is a global provider of advanced materials, specialty catalysts, and services, focusing on sustainability through its product offerings [2]. - The company operates two main business segments: Ecoservices, which provides sulfuric acid recycling and chemical waste handling, and Advanced Materials & Catalysts, which supplies silica catalysts and specialty zeolites for sustainable applications [8].

ABOUT ECOVYST INC. AND ZEOLYST INTERNATIONAL MALVERN, Pa., May 16, 2024 /PRNewswire/ -- Zeolyst International, an Ecovyst Inc. (NYSE: ECVT) joint venture that is a leading producer of zeolites ("Zeolyst"), is proud to announce the successful commissioning of its new laboratory scale thermal pyrolysis reactor and cutting-edge analytical equipment for advanced recycling of plastic waste applications. Ecovyst Logo (PRNewsfoto/Ecovyst Inc.)Ecovyst Logo (PRNewsfoto/Ecovyst Inc.) In November 2023, Ecovyst held it ...

Ecovyst Inc. (NYSE:ECVT) Q1 2024 Results Conference Call May 2, 2024 11:00 AM ET Company Participants Gene Shiels - Director of IR Kurt Bitting - CEO Michael Feehan - CFO Conference Call Participants John McNulty - BMO Capital Markets Alex Yefremov - KeyBanc Capital Markets Patrick Cunningham - Citi Laurence Alexander - Jefferies Hamed Khorsand - BWS Financial Operator Good morning. My name is Madison, and I will be your conference operator today. Welcome to Ecovyst's First Quarter 2024 Earnings Call and We ...

Financial Performance - Sales for the three months ended March 31, 2024, decreased by $0.4 million to $160.5 million, primarily due to lower average selling prices despite higher sales volume [132]. - Gross profit increased by $2.7 million to $39.2 million, attributed to lower variable costs and higher sales volume [133]. - Operating income rose by $5.2 million to $13.9 million, driven by increased gross profit and lower other operating expenses [134]. - Total sales for the three months ended March 31, 2024 were $160.5 million, a slight decrease of $0.4 million or 0.2% compared to $160.9 million in 2023 [136]. - Gross profit rose to $39.2 million, an increase of $2.7 million or 7.4% from $36.5 million in the prior year, attributed to higher sales volume and favorable manufacturing costs [139]. - Adjusted EBITDA for the Ecoservices segment increased by $4.7 million or 12.8% to $41.5 million, primarily due to higher sales volume for virgin sulfuric acid and regeneration services [153]. - Advanced Materials & Catalysts segment reported Adjusted EBITDA of $11.1 million, a decrease of $1.9 million or 14.6% compared to $13.0 million in 2023, mainly due to lower sales volume of advanced silicas [154]. - Operating income for the three months ended March 31, 2024 was $13.9 million, reflecting a significant increase of $5.2 million or 59.8% from $8.7 million in the same period of 2023 [135]. - Net income for the three months ended March 31, 2024 was $1.2 million, compared to a net loss of $1.5 million in the same period of 2023, marking a turnaround of $2.7 million [149]. - Adjusted Net Income for Q1 2024 was $7.0 million, compared to $9.2 million in Q1 2023, reflecting a decrease of 24% [157]. Expenses and Costs - Interest expense, net increased to $13.4 million, up $3.5 million or 35.4% from $9.9 million in the prior year, primarily due to higher variable rates [144]. - Other operating expenses, net decreased to $3.7 million, down $3.0 million or 44.8% from $6.7 million in the same period of 2023, driven by lower transaction and business optimization costs [142]. - Cash interest paid for Q1 2024 was approximately $12.6 million, down from $15.2 million in Q1 2023, reflecting improved interest management [164]. - Maintenance capital expenditures were $12.2 million in Q1 2024, slightly lower than $12.8 million in Q1 2023, showing effective cost control [174]. Liquidity and Debt - The company has a stock repurchase program authorized for up to $450 million, with $234.6 million available for share repurchases as of March 31, 2024 [116]. - Total debt as of March 31, 2024, was $875.3 million, a slight decrease from $877.5 million as of December 31, 2023 [172]. - The company had total available liquidity of $173.3 million as of March 31, 2024, including cash and cash equivalents and availability under the ABL Facility [160]. - Cash and cash equivalents at the end of Q1 2024 were $103.1 million, up from $61.6 million at the end of Q1 2023 [168]. - The company was in compliance with all covenants under its debt agreements as of March 31, 2024, ensuring financial stability [161]. Segment Performance - The company operates through two segments: Ecoservices and Advanced Materials & Catalysts, focusing on specialty catalysts and services [113]. - Demand for virgin sulfuric acid across various industrial applications remained favorable, supporting the Ecoservices segment [120]. - The regeneration services product group typically experiences seasonal fluctuations, with higher demand in summer months [128]. - The Advanced Materials & Catalysts segment may experience demand fluctuations based on the timing of customers' fixed bed catalyst replacements [121]. - Equity in net income of affiliated companies increased to $2.1 million for the three months ended March 31, 2024, compared to $0.2 million in the same period of 2023, driven by higher earnings from the Zeolyst Joint Venture [135]. Currency Exposure - Approximately 5% of sales for the three months ended March 31, 2024, were in currencies other than the U.S. dollar, with significant exposure to the British pound [129].