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$110M Industrial Asset Sale: Ingevity Streamlines Portfolio with Strategic Refinery Divestiture to Mainstream

Summary by stocktitan.net
Ingevity sells North Charleston CTO refinery and Industrial Specialties line in all-cash deal worth up to $129M. Assets generate $130M revenue. Deal includes supply agreement, expected to close early 2026.
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stocktitan.netstocktitan.net

$110M Industrial Asset Sale: Ingevity Streamlines Portfolio with Strategic Refinery Divestiture to Mainstream

Ingevity sells North Charleston CTO refinery and Industrial Specialties line in all-cash deal worth up to $129M. Assets generate $130M revenue. Deal includes supply agreement, expected to close early 2026.

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stocktitan.net broke the news in on Thursday, September 4, 2025.
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