13 Dec 2024
Process technolgies include silica-based catalysis for production of bio-based butadiene monomer
Malvern, Pennsylvania – Ecovyst Inc. has launched a strategic review of its ‘advanced materials and catalysts’ (AM&C) business in a bid to increase shareholder value.
The unit is comprised of two business units: Advanced Silicas and Zeolyst, a joint venture company with Shell supplying zeolite-based advanced materials and catalysts.
In a statement 2 Dec, Ecovyst said it expects to complete the review by mid-2025, adding that the review “may not result in any transaction or outcome.”
Ecovyst’s silica-based materials and catalysts are generally used in the production of polyolefins, biocatalysts, and functional chemicals.
In 2022, the company said it had worked with a value-chain partner company to develop a silica-based catalyst to produce bio-based butadiene for green rubber.
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