Core Viewpoint - Albemarle Corp. is a leading global player in lithium, bromine, and catalysts, with a focus on vertically integrated lithium operations. The company's stock has experienced a significant decline of over 80% from its all-time high (ATH) since a multi-year selloff began in 2022, primarily due to depressed lithium prices [1]. Company Overview - Albemarle Corp. specializes in lithium, bromine, and catalysts, positioning itself as a global leader in these sectors [1]. - The company has vertically integrated lithium operations, which may provide a competitive advantage in the market [1]. Market Performance - The stock of Albemarle Corp. has seen a decline of more than 80% from its ATH, indicating a challenging market environment [1]. - The selloff that began in 2022 has been attributed to falling lithium prices, which have impacted the company's stock performance [1].

WAYNE, Pa., May 6, 2025 /PRNewswire/ -- Ecovyst Inc. (NYSE: ECVT), a leading integrated and innovative global provider of advanced materials, specialty catalysts, virgin sulfuric acid and sulfuric acid regeneration services ("Ecovyst"), announced today that Eco Services Operations Corp., a wholly-owned subsidiary of Ecovyst, has completed its acquisition of the Waggaman, Louisiana sulfuric acid production assets of Cornerstone Chemical Company."We are excited to welcome the Waggaman team to Ecovyst and we l ...

Ecovyst (ECVT) Q1 2025 Earnings Call May 01, 2025 11:00 AM ET Company Participants Gene Shiels - Director of Investor RelationKurt Bitting - CEO & DirectorMike Feehan - CFOHamed Khorsand - Principal Conference Call Participants John McNulty - MD - Chemicals AnalystPatrick Cunningham - AnalystNone - AnalystDaniel Rizzo - Analyst Operator Good morning. My name is Madison, and I will be your conference operator today. Welcome to the ECOVIST First Quarter twenty twenty five Earnings Call and Webcast. Please not ...

Ecovyst (ECVT) Q1 2025 Earnings Call May 01, 2025 11:00 AM ET Speaker0 Good morning. My name is Madison, and I will be your conference operator today. Welcome to the ECOVIST First Quarter twenty twenty five Earnings Call and Webcast. Please note, today's call is being recorded and should run approximately one hour. Currently, all participants have been placed in a listen only mode to prevent any background noise. After the speakers' remarks, there will be a question and answer period. I would now like to ha ...

Core Insights - Ecovyst Inc. reported resilient business performance in Q1 2025, with stronger-than-expected results in the Advanced Materials & Catalysts segment, while the Ecoservices segment met expectations despite challenges [3][4] - The company anticipates increased activity in its regeneration services business due to high refinery utilization and seasonal gasoline demand starting in Q2 2025 [3][4] - Ecovyst announced an agreement to acquire Cornerstone Chemical's sulfuric acid assets for $35 million, expected to close in Q2 2025, which will enhance its Gulf Coast network and capacity [3][9] Financial Performance - Q1 2025 sales were $162.2 million, a 1.1% increase from $160.5 million in Q1 2024 [9][23] - Adjusted EBITDA for Q1 2025 was $38.9 million, down from $45.5 million in Q1 2024, reflecting a decrease in the Ecoservices segment [9][32] - The Ecoservices segment reported sales of $143.1 million, up from $141.6 million in the previous year, while Adjusted EBITDA decreased to $28.5 million from $41.5 million [4][32] Segment Analysis - Advanced Materials & Catalysts segment saw sales of $19.1 million, slightly up from $18.9 million in Q1 2024, with a significant increase in Zeolyst Joint Venture sales to $37.7 million from $23.5 million [5][32] - Adjusted EBITDA for Advanced Materials & Catalysts increased to $17.5 million from $11.1 million, driven by higher sales volume in the Zeolyst Joint Venture [5][32] Cash Flow and Balance Sheet - Cash flows from operating activities were $10.3 million in Q1 2025, down from $36.5 million in Q1 2024, primarily due to timing of dividends from the Zeolyst Joint Venture [6][9] - As of March 31, 2025, the company had cash and cash equivalents of $127.5 million and total gross debt of $868.6 million, resulting in total available liquidity of $201.1 million [6][24] 2025 Financial Outlook - The company reaffirmed its full-year Adjusted EBITDA guidance and increased sales guidance due to anticipated higher sulfur costs [7][10] - Ecoservices is expected to benefit from higher sales volumes for regeneration services and virgin sulfuric acid in the second quarter and throughout 2025 [7][10] - The company anticipates significant year-over-year sales growth in the Zeolyst Joint Venture, driven by positive momentum in hydrocracking catalyst sales [7][10]