Hamed Khorsand's questions to Ecovyst Inc (ECVT) leadership • Q4 2024
Question
Hamed Khorsand pressed for an explanation on the persistent 'timing issue' with Zeolyst's hydrocracking catalyst sales and asked if sales from emerging technologies are still expected to materialize in 2025.
Answer
CFO Michael Feehan clarified that the lumpy nature of hydrocracking orders, which occur on 3-4 year cycles, is a long-standing characteristic of the business and that large orders can easily shift between quarters. CEO Kurt Bitting confirmed that emerging technology sales are on track, with biocatalysis showing good customer uptake and advanced recycling sales expected to commence in late 2025 and into 2026 as customer plants are constructed.