13.57
-1.24%
Close of 9 Nov 2026, in USD
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About Ascent Industries
From its filings with the US Securities and Exchange Commission
Ascent Industries is based in Schaumburg, Illinois and is incorporated in Delaware. Its shares trade on Nasdaq under the ticker ACNT. The SEC classifies its business as chemicals & allied products. In the fiscal year to 31 December 2025, it reported revenue of $74.9m and net income of $867,000. At that date it held total assets of $111.9m and shareholders' equity of $87.0m. By business, Custom Manufacturing brought in 70.2% of revenue, followed by Core Technology at 29.8%. By region, United States accounted for 94.1%, followed by Mexico at 1.6% and Canada at 1.0%.
Ascent Industries Co. (“Ascent” or the “Company”) is a specialty chemicals platform delivering differentiated, performance-driven chemical solutions to a diverse set of end markets. The Company develops, manufactures, and supplies tailored formulations and intermediates that enhance product performance and optimize industrial processes.
Ascent operates three production facilities located in Cleveland, Tennessee; Fountain Inn, South Carolina; and Danville, Virginia. These facilities support customers across energy, household, industrial and institutional (“HII”), personal care, coatings, adhesives, sealants and elastomers (“CASE”), agriculture, water treatment, pulp and paper, construction, automotive, and other industrial markets.
The Company’s core product portfolio includes surfactants, defoamers, lubricating agents, flame retardants, and specialty intermediates, offered in both petroleum-based and bio-based formulations. Ascent’s products are used as critical ingredients and process aids in applications such as cleaning formulations, coatings systems, oilfield production chemicals, agrochemical formulations, metalworking fluids, water treatment solutions, and industrial textiles.
Quoted from its 10-K, filed 3 Mar 2026. Read the filing on SEC.gov ↗
Company facts
- Sector
- Materials
- Industry
- Metals & Mining
- Listed since
- 16 Jan 1952
- Employees
- 197
- Website
- synalloy.com ↗
- Head office
- 20 N. MARTINGALE RD, SCHAUMBURG, IL, 60173
- Incorporated in
- DE
- Classification
- Chemicals & Allied Products
- Filer status
- Accelerated filer<br>Smaller reporting company
Leadership
Pay as last reported
- Mr. Benjamin RosenzweigExecutive Chairman of the Board$95,000
- Mr. J. KitchenChief Executive Officer, Director, since 2024$639,647
- Mr. Ryan KavalauskasChief Financial Officer$398,024
- Mr. Christopher HutterDirector, since 2020$130,166
- Mr. Henry GuyIndependent Director$122,500
- Mr. Aldo MazzaferroIndependent Director$121,000
- Mr. John SchauermanIndependent Director$100,000
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 9
- Environment
- 2
- Social
- 9
- Governance
- 15
- Carbon reduction policy
- No
- Human rights policy
- No
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Synalloy Corp has a diverse product portfolio, including stainless steel pipes, fiberglass, and specialty chemicals. This diversification minimizes the risk associated with relying on a single product line.
- The company has a strong reputation for delivering high-quality products and providing excellent customer service. This reputation has helped establish long-term relationships with customers and secure repeat business.
Weaknesses
- Synalloy Corp relies heavily on raw material suppliers, which can expose the company to price fluctuations and potential supply chain disruptions. The dependency on external suppliers may impact product availability and increase production costs.
- The company operates in highly competitive markets, facing competition from both domestic and international manufacturers. This intense competition can put pressure on pricing and squeeze profit margins.
Opportunities
- The growing demand for stainless steel pipes in various industries, such as construction, automotive, and oil and gas, presents significant growth opportunities for Synalloy Corp. The company can capitalize on this trend by expanding its production capacity and strengthening its market presence.
- The increasing focus on environmental sustainability and regulations related to reducing greenhouse gas emissions provides an opportunity for Synalloy Corp's specialty chemicals division. The company can develop eco-friendly products to cater to this demand.
Threats
- The volatility in raw material prices, such as steel and chemicals, can negatively impact Synalloy Corp's profitability. Fluctuations in prices can make cost estimation and planning challenging, potentially affecting the company's financial performance.
- Changes in government regulations and trade policies, especially regarding tariffs and import/export restrictions, can pose a threat to Synalloy Corp's international operations. These policy changes may disrupt supply chains or affect market access in certain regions.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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