Sector News

Ineos Enterprises completes sale of Ineos Calabrian to Ecovyst

July 5, 2026
Energy & Chemical Value Chain

Ineos Enterprises has announced the completion of the sale of Ineos Calabrian, its ultra-pure sulfur dioxide and derivatives business, to Ecovyst. The transaction, valued at $190 million, marks the successful conclusion of a strategic divestment first announced in May 2026. Ineos Calabrian operates manufacturing facilities in Port Neches, Texas, USA, and Timmins, Ontario, Canada.

Ineos Calabrian has been part of Ineos Enterprises for the past decade and is a leading North American producer of ultra-pure sulfur dioxide and related derivatives used in mining, water treatment and speciality chemical applications. During Ineos ownership, the business delivered significant improvements in safety, operational performance and financial results.

Ashley Reed, Chairman of Ineos Enterprises, said: “Today marks the successful completion of another value-creating transaction for Ineos Enterprises. Over the last ten years, our team has transformed Calabrian into a safer, stronger and more profitable business with an excellent reputation for quality and reliability.”

“Calabrian is a high-quality business with talented people, loyal customers and strong market positions. We are proud of what has been achieved and thank the entire team for their commitment and contribution. Ecovyst is well positioned to support the next phase of the business’s growth and development.”

The sale reflects Ineos Enterprises’ disciplined approach to portfolio management: acquiring businesses with strong potential, investing to improve their performance and creating value through operational excellence.

Source: chemanager-online.com

comments closed

Related News

July 5, 2026

Elkem appoints Dag Teigland as CEO; Helge Aasen to chair the board

Energy & Chemical Value Chain

Dag Teigland will become CEO of Elkem effective 3 August 2026. Teigland has over two decades of industrial and investment experience and currently serves as executive chairman of Tekna Holding ASA. He previously held several leadership roles at Elkem between 1998 and 2002, most recently as managing director of the business area chrome.

July 5, 2026

BASF and Carlyle complete Coatings transaction

Energy & Chemical Value Chain

The Coatings transaction between Carlyle and BASF, announced on October 10, 2025, was completed on June 30, 2026, after all necessary regulatory approvals were received. The company now operates under the new name Surventis.

June 27, 2026

Bottling it at the World Cup

Energy & Chemical Value Chain

“Using a plastic bottle to make a shirt is not addressing waste. It’s kicking it down the road to be addressed at some point in the future” – World Cup kits may use 100% recycled polyester but questions remain over how sustainable the material really is.

How can we help you?

We're easy to reach