Chemical
INEOS completes $190 million sale of Calabrian business to Ecovyst
INEOS Enterprises has completed the $190 million sale of INEOS Calabrian, its ultra-pure sulphur dioxide and derivatives business, to Ecovyst
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By ICN Bureau | July 01, 2026
INEOS Enterprises has completed the $190 million sale of INEOS Calabrian, its ultra-pure sulphur dioxide and derivatives business, to Ecovyst, finalising a strategic divestment first announced in May 2026.
c. INEOS Calabrian operates manufacturing facilities in Port Neches, Texas, and Timmins, Ontario.
Calabrian has been part of INEOS Enterprises for the past decade. During that time, the business achieved significant gains in safety, operational performance and financial results.
Ashley Reed, Chairman of INEOS Enterprises, said: "Today marks the successful completion of another value-creating transaction for INEOS Enterprises. Over the last ten years, our team has transformed Calabrian into a safer, stronger and more profitable business with an excellent reputation for quality and reliability."
"Calabrian is a high-quality business with talented people, loyal customers and strong market positions. We are proud of what has been achieved and thank the entire team for their commitment and contribution. Ecovyst is well positioned to support the next phase of the business’s growth and development."
The transaction underscores INEOS Enterprises' strategy of building value through disciplined portfolio management—acquiring businesses with strong potential, investing to improve performance and driving growth through operational excellence.
