MALVERN,
Pa., Feb. 27, 2024 /PRNewswire/ -- Ecovyst Inc.
(NYSE: ECVT) ("Ecovyst" or the "Company"), a leading integrated and
innovative global provider of advanced materials, specialty
catalysts and services, today announced that it has achieved a
Platinum sustainability rating from EcoVadis. The Platinum rating
score places Ecovyst in the top one percent of companies
EcoVadis rated in its peer group, and it recognizes the Company's
incremental progress in incorporating the principles of
sustainability and corporate social responsibility into its
business practices and management systems.
"Ecovyst remains committed to a more sustainable future,
as evidenced by our expanding portfolio of products and
technologies that are enabling the production of cleaner-burning
hydrocarbon-based fuels, reduced vehicle emissions, advanced
recycling processes for plastic waste streams, and the production
of sustainable fuels. Over the years we have also worked to ensure
that the principles of sustainability are adopted and embraced
across our Company for the benefit of our customers, suppliers,
employees and our investors," said Kurt J.
Bitting, Ecovyst's Chief Executive Officer. "We are pleased
that our incremental efforts to promote more sustainable business
practices have been recognized by EcoVadis, and I want to thank all
of my Ecovyst colleagues for their dedication and contributions
that make this recognition possible."
Since its founding in 2007, EcoVadis has grown to become the
world's largest and most trusted provider of business
sustainability ratings, creating a global network of more than
125,000+ rated companies. The EcoVadis sustainability assessment
methodology evaluates how well a company has integrated the
principles of Sustainability/Corporate Social Responsibility into
its business and management systems. The methodology is built on
international sustainability standards, including the Global
Reporting Initiative, the United Nations Global Compact, and ISO
26000. The Sustainability Scorecard is focused on performance
across 21 indicators in four themes: Environment, Labor and Human
Rights, Ethics and Sustainable Procurement.
About Ecovyst Inc.
Ecovyst Inc. and subsidiaries is a leading integrated and
innovative global provider of advanced materials, specialty
catalysts and services. We support customers globally through our
strategically located network of manufacturing facilities. We
believe that our products, which are predominantly inorganic, and
our services contribute to improving the sustainability of the
environment.
We have two uniquely positioned specialty businesses:
Ecoservices provides sulfuric acid recycling to the North
American refining industry for the production of alkylate and
provides high quality and high strength virgin sulfuric acid for
industrial and mining applications. Ecoservices also provides
chemical waste handling and treatment services, as well as ex-situ
catalyst activation services for the refining and petrochemical
industry. Advanced Materials & Catalysts provides
finished silica catalysts, catalyst supports and functionalized
silicas necessary to produce high performing plastics and to enable
sustainable chemistry, and through its Zeolyst joint venture,
innovates and supplies specialty zeolites used in catalysts that
support the production of sustainable fuels, remove nitrogen oxides
from diesel engine emissions, and that are broadly applied in
refining and petrochemical processes.
For more information:
Gene Shiels – Director of
Investor Relations
(484) 617-1225
gene.shiels@ecovyst.com
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SOURCE Ecovyst Inc.
