Core Viewpoint - Technip Energies has completed the acquisition of the Advanced Materials & Catalysts (AM&C) business from Ecovyst Inc., enhancing its capabilities in advanced catalysts and supporting its growth strategy in sustainable energy sectors [1][2]. Group 1: Acquisition Details - The acquisition expands Technip Energies' portfolio, increasing recurring revenues and accelerating opportunities in sustainable fuels, circular chemistry, and carbon capture [2]. - The AM&C business will operate under its existing leadership and will be supported by dedicated R&D, manufacturing, and commercial teams across three facilities in the US and Europe, with 330 employees joining Technip Energies [3][4]. Group 2: Financial Impact - AM&C is expected to deliver immediate earnings and cash flow accretion, reinforcing Technip Energies' financial profile and unlocking new value-creation opportunities [4]. - The strong recurring revenue base and attractive margins of AM&C align with Technip Energies' disciplined capital allocation strategy for long-term value creation [5]. Group 3: Leadership Comments - The CEO of Technip Energies emphasized the importance of this transaction in evolving the company and creating an integrated offering that enhances efficiency and emissions performance for customers [5]. - The CEO of Ecovyst expressed confidence that Technip Energies will enhance product development and market reach for the AM&C business [5]. Group 4: Company Background - Technip Energies is a global technology and engineering powerhouse with leadership in LNG, hydrogen, ethylene, sustainable chemistry, and CO2 management, generating revenues of €6.9 billion in 2024 [6][7].

Core Viewpoint - Technip Energies has successfully completed the acquisition of the Advanced Materials & Catalysts (AM&C) business from Ecovyst Inc., enhancing its capabilities in specialty catalysts and advanced materials, which are crucial for sustainable energy transition [1][2]. Group 1: Acquisition Details - The acquisition expands Technip Energies' portfolio and supports its growth strategy in the Technology, Products & Services (TPS) segment, focusing on sustainable fuels, circular chemistry, and carbon capture [2][4]. - The AM&C business will operate under its existing leadership and will be supported by dedicated R&D, manufacturing, and commercial teams across three facilities in the US and Europe, with 330 employees joining Technip Energies [3][4]. Group 2: Financial Impact - AM&C is expected to deliver immediate earnings and cash flow accretion, reinforcing Technip Energies' financial profile and unlocking new value-creation opportunities [4]. - The acquisition aligns with Technip Energies' disciplined capital allocation strategy aimed at driving long-term value creation and growth in the TPS segment [5]. Group 3: Leadership Comments - Arnaud Pieton, CEO of Technip Energies, emphasized the importance of this transaction in enhancing the company's offerings and improving efficiency, reliability, and emissions performance for customers [5]. - Kurt Bitting, CEO of Ecovyst, expressed confidence that Technip Energies would enhance product development and market reach for the AM&C business [5]. - Paul Whittleston, President of AM&C, highlighted the potential for scaling and accelerating innovation as part of Technip Energies [5]. Group 4: Company Background - Technip Energies is a global technology and engineering powerhouse with leadership in LNG, hydrogen, ethylene, sustainable chemistry, and CO2 management, contributing to critical markets such as energy and decarbonization [6][7]. - The company generated revenues of €6.9 billion in 2024 and is listed on Euronext Paris [7].