Ineos Enterprises to Sell Sulphur Dioxide and Derivatives Business to Ecovyst

190 Million Dollar Deal Ineos Enterprises to Sell Sulphur Dioxide and Derivatives Business to Ecovyst

2026-05-04 Source: Press release Ineos 1 min Reading Time

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Ineos Enterprises has plans to sell Ineos Calabrian, its ultra-pure sulphur dioxide and derivatives business, to Ecovyst for 190 million dollars. The deal is expected to be complete by the end of June 2026.

Ineos Calabrian operates manufacturing sites in Port Neches, Texas, USA and Timmins, Ontario, Canada. (Source: Ineos) — Ineos Calabrian operates manufacturing sites in Port Neches, Texas, USA and Timmins, Ontario, Canada.
(Source: Ineos)

London/UK – Ineos Enterprises has agreed to sell Ineos Calabrian, its ultra-pure sulphur dioxide and derivatives business, to Ecovyst. Ineos Calabrian operates manufacturing sites in Port Neches, Texas, USA and Timmins, Ontario, Canada. Completion is expected by the end of June 2026. Until completion, Ineos Enterprises will continue to operate the business as usual, with no change to customer or supplier arrangements.

Ashley Reed, Chairman of Ineos Enterprises, said: Ineos Calabrian has been part of Ineos Enterprises for the past ten years, during which time it has delivered significant improvements in safety, operational performance and financial results. This transaction, valued at 190 million dollars, reflects our disciplined approach to portfolio management — acquiring businesses, improving them at pace, and realizing value.

Calabrian is a strong, well-positioned semi-speciality chemicals business. However, it is not a core fit within Ineos’s long-term portfolio. Ecovyst is well placed to take the business forward and support its next phase of growth.

Ineos was advised by Piper Sandler and Slaughter and May.

(ID:50835142)

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