Published by Global Banking & Finance Review®
Posted on September 11, 2025
1 min readLast updated: January 22, 2026
Technip Energies acquires Ecovyst's Advanced Materials & Catalysts for $556 million, expanding its portfolio and boosting earnings.
(Changes Technip Energies description to "energy infrastructure company" from "oil infrastructure firm")
(Reuters) - French energy infrastructure company Technip Energies said on Thursday it had agreed to buy U.S.-based chemicals group Ecovyst's Advanced Materials & Catalysts business for $556 million.
Under the agreement the French company will acquire two entities, Advanced Silicas and Zeolyst International, which comprise the AM&C business.
The transaction broadens Technip's portfolio of advanced catalysts, which are materials used to speed up chemical reactions and improve efficiency in industrial uses, such as hydrocracking and production of sustainable fuels.
The group said that the acquisition will immediately increase its earnings and cash flow, providing a boost to revenues in its Technology, Product & Services segment.
The deal is expected to close by the first quarter of 2026, pending regulatory approvals.
(Reporting by Mateusz Rabiega in Gdansk; Editing by Jamie Freed and Matt Scuffham)
An acquisition is a corporate action in which one company purchases most or all of another company's shares to gain control of that company.
Advanced materials are engineered materials with superior properties that enhance performance in various applications, such as catalysts in chemical processes.
Cash flow refers to the total amount of money being transferred into and out of a business, particularly regarding its operational activities.
Earnings growth is the increase in a company's profit over a specific period, often expressed as a percentage.
Catalysts are substances that increase the rate of a chemical reaction without undergoing any permanent chemical change themselves.
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