Technip Energies completes acquisition of Ecovyst’s Advanced Materials & Catalysts business - Seite 2
Kurt Bitting, CEO of Ecovyst, commented: “As a leading provider of technologies that are highly-valued by the energy industry, we believe Technip Energies provides the scale and technology development expertise that will further enhance product development and market reach for the Advanced Materials & Catalysts business. We want to thank our Advanced Materials & Catalysts colleagues for their dedication and contributions over their tenure with Ecovyst, and we wish them continued success in the future as part of the Technip Energies organization.”
Paul Whittleston, President of Advanced Materials & Catalysts, said: “With the completion of this transaction, we reach an important milestone for Advanced Materials & Catalysts. As part of Technip Energies, we can now scale, accelerate innovation and deliver even greater value for our customers, while contributing together to a more sustainable future. We are excited to enter this next phase as part of Technip Energies and to build the next chapter of growth together.”
Evercore acted as financial advisor, Gibson Dunn served as legal counsel and EY-Parthenon as accounting and tax advisor to Technip Energies in connection with this transaction.
About Technip Energies
Technip Energies is a global technology and engineering powerhouse. With leadership positions in LNG, hydrogen, ethylene, sustainable chemistry, and CO2 management, we are contributing to the development of critical markets such as energy, energy derivatives, decarbonization, and circularity. Our complementary business segments, Technology, Products and Services (TPS) and Project Delivery, turn innovation into scalable and industrial reality.
Through collaboration and excellence in execution, our 17,000+ employees across 34 countries are fully committed to bridging prosperity with sustainability for a world designed to last.
Technip Energies generated revenues of €6.9 billion in 2024 and is listed on Euronext Paris. The Company also has American Depositary Receipts trading over the counter.
For further information: www.ten.com
About Ecovyst Advanced Materials & Catalysts
Ecovyst Inc. and subsidiaries is a leading integrated and innovative global provider of virgin sulfuric acid and sulfuric acid regeneration services. We support customers globally through our strategically located network of manufacturing facilities. We believe that our products and services contribute to improving the sustainability of the environment.

