Ecovyst Issues 2022 Sustainability Report
MALVERN, Pa.--(BUSINESS WIRE)-- Ecovyst Inc. (NYSE: ECVT) (“Ecovyst” or the “Company”) today announced the release of its 2022 Sustainability Report, “Cultivating Change: Sustainable Innovations for a Greener Future.” This report features 2022 data, including HSES, greenhouse gas emissions, energy, water, and waste results. It further reflects the progress we have made toward achieving the goals established in Ecovyst’s inaugural Sustainability report from 2021, released in June 2022.
“The value we add for customers creating sustainable solutions has inspired our focus on continual advancement in sustainable product development. In 2022, about 83% of our R&D investment was dedicated to products linked to sustainability, keeping us on track to achieve our goal of 90% of R&D innovation linked to sustainability by 2025. At the same time, we strengthened our business practices during 2022 through investments to reduce the environmental impact of our operations, improve our health and safety practices, and foster career development opportunities and inclusion for our employees,” commented Kurt J. Bitting, Ecovyst’s Chief Executive Officer.
“We are committed to supporting cleaner fuels and sustainable technologies that help save energy, protect clean air, conserve water, and reduce waste.” Bitting continued, “Our Catalyst Technologies business develops innovative catalyst supports, functionalized materials, and catalysts to facilitate the production of bio and sustainable fuels and enable more efficient plastics circularity value chains, while our Ecoservices business contributes to the circular economy through its focus on beneficial reuse of spent sulfuric acid, destruction of waste, and power generation.”
To read the full 2022 Ecovyst Sustainability Report, please go to: https://www.ecovyst.com/wp-content/uploads/2023/07/Ecovyst-2022-Sustainability-Report.pdf
Please visit our website for more information: https://www.ecovyst.com/sustainability/
About Ecovyst Inc.
Ecovyst Inc. and subsidiaries is a leading integrated and innovative global provider of 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 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 on-purpose virgin sulfuric acid for water treatment, mining, and industrial applications; and Catalyst Technologies provides finished silica catalysts and catalyst supports necessary to produce high strength and high stiffness plastics and, through its Zeolyst joint venture, supplies zeolites used for catalysts that remove nitrogen oxides from diesel engine emissions as well as sulfur from fuels during the refining process. For more information, see our website at https://www.ecovyst.com.
Source: Ecovyst Inc.
Released July 19, 2023