"As a result of a comprehensive strategic review process, during the third quarter we announced the agreement to sell our Advanced Materials & Catalysts segment to Technip Energies for a purchase price of $556 million. The transaction is expected to close in the first quarter of 2026 and we anticipate using between$450 million and $500 million of the expected$530 million net proceeds to reduce our long-term debt, resulting in a projected net debt leverage ratio of below 1.5x," said Mike Feehan, Ecovyst's ...