Ecovyst Inc. · NYSE:ECVT
Ecovyst — PQG Virtual Investor Conference (April 2021)
17 slides from Ecovyst's conference presentation, Apr 8, 2021
Slide 1: Ecoservices Overview
Ecoservices Overview Kurt Bitting President, Ecoservices YOUR CATALYST FOR POSITIVE CHANGE APPENDIX / 1
Slide 2: Key Takeaways
Key Takeaways We have the ability to deliver profitable growth across diverse end uses We have superior process technology and logistics capabilities We are enabling sustainable solutions ECOSERVICES OVERVIEW / 2
Slide 3: Ecoservices Product Lines
Ecoservices Product Lines 1 Regeneration 2 Virgin Sulfuric Acid & Sulfur Products • Regeneration for Refinery Alkylation Units • North American leading producer (virgin acid) • Chemical spent regeneration • Oleum • Industry leader • Electrolyte grades • 35% expansion of Gulf Coast • Dilute Acid capa
Slide 4: Where Do We Play? Markets and End Uses Served
Where Do We Play? Markets and End Uses Served Raw Materials Production Industries Served Regenerated Refinery Spent Sulfuric Acid Sulfuric Acid Spent Sulfuric Acid Treatment Services Hazardous Waste MMBTUs from Haz Furnace General Industrial (Treatment Services) Waste & Sulfur Sulfur Virgin acid Nyl
Slide 5: Business Snapshot
Business Snapshot Refining Services Sustainable Adjusted EBITDA Margins Key Stats1 39.3% 39.1% Leader Leader in providing sulfuric in North American 38.7% 38.7% 50-55% ~90% acid recycling for producer of merchant supplier of US cost pass-through on North American virgin sulfuric acid regeneration de
Slide 6: Where We Operate
Where We Operate Ecoservices: Supply Infrastructure Leading supplier with key competitive positions in Supply Chain & Customer Inventories Managed by the Gulf and California Ecoservices Martinez, CA Hammond, IN ~40 BARGE TRUCK RAIL PIPELINE Refineries using Sulfuric Acid Dominguez, CA Alkylation Bat
Slide 7: Virgin Sulfuric Acid Sources
Virgin Sulfuric Acid Sources Ecoservices Metals Smelting Captive – Fertilizer Merchant Sulfur Produced • Only one strength and lowest • No merchant sales • Numerous grades quality • Sulfur Derived • High quality • Primarily rail shipments • Only one strength and quality • Most reliable • Long distan
Slide 8: We Play in a Large Market That Supports an Important Service Across the Globe
We Play in a Large Market That Supports an Important Service Across the Globe Global Sulfuric by End Use Differentiated Service/Advantages Others: Sulfuric Acid is the most widely used 26% commodity chemical in the world Ecoservices focuses on servicing the refinery, other metals, and fibers industr
Slide 9: Macro Environment – What's Going to Drive Future Trends
Macro Environment – What’s Going to Drive Future Trends Tighter fuel economy and emissions regulations driving robust growth for high octanes and other transportation fuels Alkylate is the most desirable blending component because it increases octane while Spread Between Retail Premium and Regular G
Slide 10: Regeneration
Regeneration ecovyst Advantages Sulfuric Acid is a catalyst used in the Major Refinery 4.4M • Acid regeneration industry operates at >90% utilization, incentivizing customers to contract with Ecoservices for production of Alkylate, Customer Barrels of sulfuric ECOSERVICES long-term reliable service
Slide 11: Virgin Acid – Differentiated by Strength, Quality and Reliability
Virgin Acid – Differentiated by Strength, Quality and Reliability Sulfuric Acid Product Oleum High Strength Electrolyte Segment Nylon Mining Industrial End Use • Vehicle lightweighting • Electrification • Pet Chem and Chemical • Construction • Construction/Infrastructure • Lead Acid Batteries • Coat
Slide 12: Treatment Services – Safely Converting Hazardous Waste to Energy
Treatment Services – Safely Converting Hazardous Waste to Energy Benefits Demand Drivers • Regional niche waste incineration • Preferable to other waste treatment methods • Highly complementary to the regeneration business. • Landfill • Provides fuel and sulfur • Deep well Growth Opportunities • Onl
Slide 13: Chem32: Pre-Activation Services
Chem32: Pre-Activation Services Benefits Demand Drivers • Enables refineries to outsource difficult task of sulfiding • International • Quicker reactor startups • Renewable Fuels • Growth in renewables • Leverage our refining relationships and sulfur knowhow Growth Opportunities • Strong existing re
Slide 14: How We Support Our Customers Through Sustainability
How We Support Our Customers Through Sustainability Regeneration Virgin Acid Treatment Services Chem 32 • Recover 99% of Sulfuric • Virgin Acid production • Treatment services • Activated catalysts used Acid in the regeneration enables lower natural gas provides fuel source to remove contaminants pr
Slide 15: Strong Margins With Additional Room for Improvement
Strong Margins With Additional Room for Improvement Optimization Initiatives 1 2 3 Increased steam Additional sulfur Expanded treatment capture for additional processing and virgin acid services capacity power sales logistics capacity 4 5 Water treatment and Continued improvement on variable consump
Slide 16: Organic Growth Projections
Organic Growth Projections Growth Drivers Organic Sales Growth Outlook New major refinery customer 2021 1 (long-term contract) Est. ~7% CAGR 6% CAGR $447 2 Favorable alkylate fundamentals $398 $401 ~39% Average 3 Growing virgin acid end uses ~39% Average Adjusted EBITDA Adjusted Margin 4 EBITDA Trea
Slide 17: Key Takeaways
Key Takeaways We have the ability to deliver profitable growth across diverse end uses We have superior process technology and logistics capabilities We are enabling sustainable solutions ECOSERVICES OVERVIEW / 17
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