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Technip Energies finalise l’acquisition de l’activité Advanced Materials & Catalysts d’Ecovyst
Globenewswire· 2026-01-02 06:00
Core Viewpoint - Technip Energies has completed the acquisition of Advanced Materials & Catalysts (AM&C) from Ecovyst Inc., enhancing its capabilities in advanced catalysts and materials, which aligns with its disciplined growth strategy in the Technology, Products, and Services (TPS) segment [1][2]. Group 1: Acquisition Details - The acquisition strengthens Technip Energies' portfolio by expanding its advanced catalyst capabilities, contributing to recurring revenues in established markets and accelerating development in key energy transition sectors such as sustainable fuels, circular chemistry, and carbon capture [2]. - AM&C will continue to operate under its current management team, supported by dedicated R&D, production, and commercial teams across three sites in the U.S. and Europe, with 330 employees joining Technip Energies [3]. - The AM&C portfolio includes Advanced Silicas, a major supplier of silica-based materials and catalysts, and Zeolyst International, a joint venture with Shell Catalysts & Technologies focused on zeolite-based materials and catalysts for hydrocracking, sustainable fuels, and advanced recycling [3]. Group 2: Financial Impact and Strategic Importance - With over 40 years of expertise, AM&C is expected to contribute immediately to Technip Energies' results and cash flow, enhancing the Group's financial profile and opening new value creation opportunities [4]. - The CEO of Technip Energies emphasized that this acquisition marks a significant step in the company's evolution, combining advanced catalyst platforms with process technologies and engineering expertise to offer integrated solutions that improve asset efficiency and emissions performance [5]. - The integration of AM&C is anticipated to accelerate innovation and create additional value for clients, contributing to a more sustainable future [5]. Group 3: Company Overview - Technip Energies is a leading technology and engineering company, specializing in LNG, hydrogen, ethylene, sustainable chemistry, and CO2 management, contributing to strategic market developments in energy, energy derivatives, decarbonization, and circularity [6]. - The company employs over 17,000 people across 34 countries, committed to combining prosperity and sustainability for a lasting world [7]. - Technip Energies generated revenue of €6.9 billion in 2024 and is listed on Euronext Paris [8].