Technip Energies has announced the completion of its acquisition of the Advanced Materials & Catalysts (AM&C) business from Ecovyst Inc, a specialist in specialty catalysts and advanced materials. 330 employees will join Technip Energies. The portfolio includes Advanced Silicas, a major supplier of silica-based materials and catalysts, as well as Zeolyst International, a joint venture with Shell Catalysts & Technologies, specializing in zeolite-based materials and catalysts for hydrocracking, sustainable fuels, and advanced recycling.


The AM&C business is expected to immediately contribute to Technip Energies' results and cash flow, thereby strengthening the Group's financial profile and opening up new opportunities for value creation.