Ecovyst Announces Agreement to Sell its Advanced Materials & Catalyst Segment to Technip Energies

Core Viewpoint - Ecovyst Inc. has entered into a definitive agreement to sell its Advanced Materials & Catalysts segment to Technip Energies for a purchase price of $556 million [1] Group 1 - The transaction involves the sale of Ecovyst's Advanced Materials & Catalysts segment [1] - Technip Energies is identified as a global technology and engineering company [1] - The purchase price for the segment is stated to be $556 million [1]