Articles from Ingevity Corporation

Ingevity (NYSENGVT) today announced it has been named as one of “America’s Most Responsible Companies of 2025” by Newsweek magazine for the third consecutive year. This prestigious award recognizes the top 600 publicly traded companies headquartered in the United States for their commitment to making a positive global impact.

Ingevity Corporation (NYSENGVT) today announced that it is exploring strategic alternatives for the company’s Performance Chemicals Industrial Specialties product line, including a potential divestiture of portions of its North Charleston site. Ingevity noted that this process includes all Industrial Specialties pine chemical-based chemistries that serve the paper chemical, rubber, adhesive, oilfield, lubricants and industrial intermediate end-use markets, and the North Charleston, South Carolina, crude tall oil refinery. This process will not include the Performance Chemicals Road Technologies product line, nor certain lignin-based products that are currently reported in Ingevity’s Industrial Specialties product line.

Ingevity Corporation (NYSENGVT) announced today that it will release its fourth-quarter and full year 2024 earnings after the stock market closes on Tuesday, February 18, 2025.

Ingevity Corporation (NYSENGVT) today announced the election of J. Kevin Willis to the board of directors effective today. With Mr. Willis’s election, the Board now includes nine directors, eight of whom are independent.

Ingevity Corporation (NYSENGVT) today reported its financial results for the third quarter 2024.

Ingevity Corporation (NYSENGVT) announced today that it will release its third-quarter 2024 earnings after the stock market close on Tuesday, October 29, 2024.

Ingevity Corporation (NYSENGVT) today announced that John Fortson has departed as president and chief executive officer and from the board of directors of the company, effective as of October 2, 2024. The board of directors has appointed current board director, Luis Fernandez-Moreno as interim president and chief executive officer while it conducts a search for a permanent replacement.

Ingevity Corporation (NYSENGVT) will launch Capa® HS, the next generation of polycaprolactone polyols for enhanced hydrolytic resistance in polyurethanes, at the Center for the Polyurethanes Industry’s annual Polyurethanes Technical Conference in Atlanta, Georgia, from September 30-October 2, 2024.

Ingevity Corporation (NYSENGVT) will participate in the FEICA European Adhesive & Sealant Conference and EXPO 2024 in Noordwijkerhout, the Netherlands, from September 11-13, 2024. The company will launch Capa® L, the next generation of sustainable and innovative polycaprolactone polyols for polyurethane adhesives that can be used in flexible food packaging, construction and industrial applications.

Ingevity Corporation (NYSENGVT) today announced additional steps to advance the company’s strategic repositioning of its Performance Chemicals segment for sustained improved profitability. Actions include consolidating segment operations at the company’s North Charleston, South Carolina, facility by moving oleo chemical refining to the North Charleston site’s secondary refinery. This consolidation will include closing its Crossett, Arkansas, facility in August.

Ingevity Corporation (NYSENGVT) today reported its financial results for the second quarter 2024.

Ingevity Corporation (NYSENGVT) announced today that it will release its second-quarter 2024 earnings after the stock market close on Wednesday, July 31, 2024.

Ingevity Corporation (NYSENGVT) today announced the appointment of Ryan C. Fisher as senior vice president, general counsel and secretary and Terry Dyer as senior vice president and chief human resources officer.

Ingevity Corporation (NYSENGVT) today announced the expansion of its Capa® caprolactone distribution network by establishing Ultrapolymers Group as its distributor for Capa Bioplastics in Europe. Ultrapolymers Group will leverage the company’s experienced sales and technical teams across Europe to maximize the sales of Ingevity’s Capa Bioplastics products.

Ingevity Corporation (NYSENGVT) today published its seventh annual Sustainability Report highlighting the advancement of environmental, social and governance sustainability initiatives and commitment to innovating products that assist customers and end users with reducing ecological impact.

Ingevity Corporation (NYSENGVT) today reported its financial results for the first quarter 2024.

Ingevity Corporation (NYSENGVT) announced today that it will release its first-quarter 2024 earnings after the stock market close on Wednesday, May 1, 2024.

Ingevity Corporation (NYSENGVT) today reported its financial results for the fourth quarter and full year 2023.

Ingevity Corporation (NYSENGVT) announced today that it will release its fourth-quarter and full year 2023 earnings after the stock market close on Wednesday, February 21, 2024.

Ingevity Corporation (NYSENGVT) today announced an extension of the distributorship with TRiiSO LLC (TRiiSO) to expand the distribution footprint for the company’s Capa® products from the current western United States (U.S.) to include all the U.S. and Canada. The new agreement will broaden capabilities to serve existing Capa customers and support growth into new markets in North America.

Ingevity Corporation (NYSENGVT) president and CEO, John Fortson today announced a number of strategic actions designed to further reposition the company’s Performance Chemicals segment. “What we are doing today is an important step toward achieving our strategic objectives of improving the profitability and reducing the cyclicality of the Performance Chemicals business and the company as a whole,” said Fortson. “Today’s actions increase our focus on growing our most profitable Performance Chemicals businesses such as Pavement Technologies and accelerate our transition to non-crude tall oil (CTO)-based fatty acids (AFA). Our decision is the result of a careful evaluation of various strategic options to address the cyclicality of our rosin-based end markets, as well as the significant structural changes and elevated pricing of CTO due to the biofuels market. Going forward, we will continue to strengthen and diversify the Performance Chemicals business through the introduction and expansion of complementary and new product offerings based on alternative chemistries, such as soy and canola-based fatty acids.”

Ingevity Corporation (NYSENGVT) today reported its financial results for the third quarter 2023.

Ingevity Corporation (NYSENGVT) announced today that it will release its third-quarter 2023 earnings after the stock market close on Wednesday, November 1, 2023.

Ingevity Corporation (NYSENGVT) today announced it has entered into a renewable product purchase agreement (RPPA) with a subsidiary of NextEra Energy Resources, LLC, to produce offsetting renewable energy to lower Scope 2 emissions related to Ingevity’s United States (U.S.) manufacturing locations.

Ingevity Corporation (NYSENGVT) today reported its financial results for the second quarter 2023.

Ingevity Corporation (NYSENGVT) announced today that it will release its second-quarter 2023 earnings after the stock market close on Wednesday, August 2, 2023.

Ingevity Corporation (NYSENGVT) today announced its Capa® polycaprolactone thermoplastic grades obtained the OK biodegradable SOIL certification by TÜV Austria Bureau of Inspection and Certification, confirming Capa thermoplastics completely biodegrade in soil without adversely affecting the environment. The SOIL distinction is the fifth TÜV Austria OK certification earned by Ingevity’s Capa thermoplastics products, along with certifications for WATER and MARINE biodegradability and INDUSTRIAL and HOME compostability, and highlights the additional benefits the Capa portfolio offers for agricultural and horticultural products.

Ingevity Corporation (NYSENGVT) today announced its Capa® thermoplastic grades obtained the OK biodegradable WATER certification by TÜV Austria Bureau of Inspection and Certification. OK biodegradable WATER confirms Capa thermoplastics fully biodegrade in a natural fresh water environment within eight weeks, avoiding formation of persistent microplastics and enabling a safer ecosystem for lakes and rivers than traditional plastics made with alternative chemistries. This follows the 2022 OK MARINE certification the company received for biodegradation in seawater environments.

Ingevity Corporation (NYSENGVT) today published its 2022 sustainability report highlighting advancements in the company’s environmental, social and governance (ESG) goals, long-term vision for operating sustainably and ongoing commitment to delivering renewably sourced and biodegradable products that assist customers and end users with reducing ecological impact. The company also announced new sustainability goals for advancing environmental, safety and community impact initiatives.

Ingevity Corporation (NYSENGVT) today announced its Capa® thermoplastic grades are now certified compostable by the Biodegradable Products Institute (BPI), the only third-party verification of ASTM International (formerly known as American Society for Testing and Materials International) standards for compostable products in North America. BPI certified compostable certification confirms Capa thermoplastics can be aerobically composted in municipal or industrial facilities and the compost can be cycled back into the soil, leaving behind no toxic residue or microplastics.

Ingevity Corporation (NYSENGVT) today reported its financial results for the first quarter 2023.

Ingevity Corporation (NYSENGVT) announced today that operations at the company’s North Charleston, South Carolina, plant will continue as normal with the announced closure of WestRock Company’s NYSE:WRKNYSEWRK)

Ingevity Corporation (NYSENGVT) announced today that it will release its first-quarter 2023 earnings after the stock market close on Wednesday, May 3, 2023.

Ingevity Corporation (NYSENGVT) announced today that it will host an Investor Day with financial analysts and institutional investors from 1:00 p.m. to 4:00 p.m. (Eastern time) on Monday, May 22, 2023, in New York City. President and CEO, John Fortson, and CFO, Mary D. Hall, will be joined by the presidents of the three business segments as they share an updated view of the company’s long-term growth strategy and financial targets, followed by a live question and answer session.

Ingevity Corporation (NYSENGVT) will participate in the European Coatings Show 2023 in Nuremburg, Germany, from March 27-30, to highlight its Capa® caprolactone high performance polyol technology and the company’s expanded vegetable oil-based offerings that can be used to enhance coating formulations.

Ingevity Corporation (NYSENGVT) today reported its financial results for the fourth quarter and full year 2022.

Ingevity Corporation (NYSENGVT) today announced the election of Bruce Hoechner to the board of directors effective February 16, 2023. He joins nine other members of Ingevity’s board of directors.

Ingevity Corporation (NYSENGVT) will launch its new range of polycaprolactone products designed to push the low temperature boundaries of polyurethane (PU) performance during a webinar hosted by Urethanes Technology on Thursday, February 23, 2023, at 11 a.m. ET. Dr. Scott Phillips, Technical Market Development Manager, will present Ingevity’s Capa® LT technology and its potential end-use applications.

Ingevity Corporation (NYSENGVT) will showcase its recently acquired downstream road striping capabilities and the company’s expanded portfolio of pavement marking materials, including thermoplastic pavement markings, waterborne traffic paints, glass beads and preformed thermoplastics, at the American Traffic Safety Services Association (ATSSA) 2023 Convention and Traffic Expo in Phoenix, AZ, February 18-21, 2023.

Ingevity Corporation (NYSENGVT) announced today that it will release its fourth-quarter and full-year 2022 earnings after the stock market close on Monday, February 27, 2023.

Ingevity Corporation (NYSENGVT) is pleased to announce that Ingevity president and CEO, John Fortson, was recognized as one of the 50 Most Influential People of 2022 by Charleston Business Magazine. The list celebrates individuals for their economic and community impact. Selection of individuals is a result of community nominations and Charleston Business Magazine's staff research.

Ingevity Corporation (NYSENGVT) today announced it has been recognized on Newsweek Magazine’s list of America’s Most Responsible Companies 2023. The award recognizes the top 500 most responsible companies in the United States (US), spanning 14 industries.

Ingevity Corporation (NYSENGVT) today reported its financial results for the third quarter 2022.

Ingevity Corporation (NYSENGVT) announced today that it will release its third quarter 2022 earnings after the stock market close on Wednesday, November 2, 2022.

Ingevity Corporation (NYSENGVT) today announced that it has completed its previously disclosed acquisition of privately-owned Ozark Materials in an all-cash transaction valued at $325 million. Ingevity expects the acquisition to be immediately accretive to Ingevity’s earnings per share. The business will be included in Ingevity’s Performance Chemicals segment.

Ingevity Corporation (NYSENGVT) today announced the rebranding of the company’s adsorbed natural gas vehicle business (ANG) to NeuFuel™ to better reflect the company’s ability to help fleets immediately and cost-effectively transition to a cleaner, carbon-neutral fuel, and meet market needs to expand benefits to the diesel market, including existing diesel vehicles.

Ingevity Corporation (NYSENGVT) announced the company has launched new Capa® polyols production and produced the first commercial quantities of its high performance caprolactone polyols in the United States (U.S.). The completion of the company’s expansion at its facility in DeRidder, Louisiana, increases Ingevity’s global capacity for producing polyols by 40% and positions the company to better meet increasing demand for the Capa portfolio and more effectively serve its customers by reducing global lead times.

Ingevity Corporation (NYSENGVT) today announced that it has received the gold rating for sustainability by EcoVadis, an independent organization that provides evidence-based sustainability assessments for companies within global supply chains, placing Ingevity in the top 3% of respondents in the specialty chemicals sector and affirming the company’s commitment to its purpose to purify, protect and enhance the world.

Ingevity Corporation (NYSENGVT) today reported its financial results for the second quarter 2022.

Ingevity Corporation (NYSENGVT) today announced that it has invested $60 million to acquire an equity stake in Nexeon Limited (“Nexeon”) in a strategic move to establish the company’s presence in the electric vehicle (EV) market and expand opportunities to grow its activated carbon business. United Kingdom-based Nexeon is a cutting-edge technology leader in the design of silicon-based anode materials that improve performance of lithium-ion batteries for EVs and consumer electronics.

Ingevity Corporation (NYSENGVT) today announced it has reached an agreement to acquire privately-owned Ozark Materials, LLC and Ozark Logistics, LLC (“Ozark Materials”) in an all-cash transaction valued at $325 million. The acquisition is subject to regulatory approval and other customary closing conditions, and Ingevity expects to close on the transaction by early Q4 2022.

Ingevity Corporation (NYSENGVT) today announced the election of William Slocum and Shon Wright to the board of directors effective July 25, 2022. The company also announced the retirement of long-time member, Michael Fitzpatrick, from the board, effective July 26, 2022.

Ingevity Corporation (NYSENGVT) announced today that it will release its second quarter 2022 earnings after the stock market close on Tuesday, August 2, 2022.

Ingevity (NYSENGVT) announced the company recently awarded 30 high school seniors with $2,000 college scholarships. This was Ingevity’s fifth year awarding scholarships to students demonstrating strong leadership and educational abilities along with a passion for community service. Winners were selected from high schools in the following locations where the company operates: Covington, Virginia; Crossett, Arkansas; DeRidder, Louisiana; North Charleston, South Carolina; Waynesboro, Georgia; and Wickliffe, Kentucky.

Ingevity Corporation (NYSENGVT) today announced it has named Christine Stunyo, formerly with Host Hotels & Resorts, as chief human resources officer. In this role, Stunyo will be responsible for leading the company’s global Human Resources (HR) function, including organization development, integrated talent management, leadership development and culture. She assumes the new role effective June 27, 2022.

Ingevity Corporation (NYSENGVT) today published its 2021 sustainability report highlighting advancements in the company’s environmental, social and governance (ESG) goals, long-term vision for operating sustainably and ongoing commitment to delivering renewably sourced and biodegradable products that assist customers and end users with reducing ecological impact.

Ingevity Corporation (NYSENGVT) today announced an environmental product declaration (EPD) was published for its Evotherm® M1 Warm Mix Asphalt (WMA) technology. The Evotherm M1 EPD distinguishes Ingevity as the first chemical additive supplier to be included in the National Asphalt Pavement Association’s (NAPA) Emerald Eco-Label tool that provides supply chain-specific upstream environmental data for asphalt mixtures.

Ingevity Corporation (NYSENGVT) today announced its Capa® thermoplastic grades obtained the OK biodegradable MARINE certification by TÜV Austria Bureau of Inspection and Certification. OK biodegradable MARINE confirms Capa thermoplastics fully biodegrade in a marine environment within four weeks, prohibiting formation of persistent microplastics and enabling a safer marine ecosystem than traditional plastics made with alternative chemistries.

Ingevity Corporation (NYSENGVT) today reported its financial results for the first quarter 2022.

Ingevity Corporation (NYSENGVT) today announced that a study conducted by consulting firm Environmental Resources Management (ERM), London, U.K., has determined the carbon negative properties of its lignin-based Polyfon® H dispersant completely offset the volume of greenhouse gas (GHG) emissions associated with its manufacture, resulting in a carbon footprint 122% lower than fossil carbon-based alternatives and positively impacting climate change.

Ingevity Corporation (NYSENGVT) announced today that it will release its first quarter 2022 earnings after the stock market close on Wednesday, May 4, 2022.

Ingevity Corporation (NYSENGVT) today announced that it has joined the United Nations (UN) Global Compact as a participant, affirming the company’s alignment with the ten universally accepted principles for human rights, labor, environment and anti-corruption, and committing to responsible business actions that support the UN’s Sustainable Development Goals (SDGs).

Ingevity Corporation (NYSENGVT) today reported its financial results for Q4 and FY 2021.

Ingevity Corporation (NYSENGVT) today announced that a study conducted by consulting firm Environmental Resources Management (ERM), London, U.K., has determined the carbon negative properties of the pine-based raw materials in its WestRez® 5101 tackifier adhesive completely offset the volume of greenhouse gas (GHG) emissions released during manufacture and generate a carbon footprint 12% lower than petroleum-based alternatives. The study also estimates WestRez technology is even more beneficial when considering the end life of a construction adhesive, generating a 62% lower carbon footprint than alternatives, even if an end-use product is landfilled.

Ingevity Corporation (NYSENGVT) announced today that it will release its fourth-quarter and full-year 2021 earnings after the stock market close on Wednesday, February 23, 2022.

Ingevity Corporation (NYSENGVT) today announced that effective March 1, 2022, Mike Smith has elected to retire as executive vice president and president, Performance Chemicals, strategy and business development. Beginning January 1, 2022, Rich White, vice president, Industrial Specialties, and Steve Hulme, vice president, Engineered Polymers, at Ingevity will co-lead the company’s Performance Chemicals segment. At that time, White will become senior vice president, Performance Chemicals, and president, Industrial Specialties and Pavement Technologies, and Hulme will be senior vice president, Performance Chemicals, and president, Engineered Polymers.

Ingevity Corporation (NYSENGVT) today announced that it has received an industry-wide, top-quartile rating for sustainability by the 2021 S&P Global Corporate Sustainability Assessment (CSA), an advancement in the company’s overall rating due in large part to a significant increase in its environmental score. The CSA is an independent evaluation of corporate environmental, social and governance (ESG) practices widely used to benchmark performance on industry-specific sustainability criteria.

Ingevity Corporation (NYSENGVT) today reported its third quarter 2021 financial results.

Ingevity Corporation (NYSENGVT) today published its 2020 sustainability report update highlighting the company’s ongoing commitment to operating sustainably, bringing high-performing, customer-focused solutions to market and playing an important role in the global race to lower harmful environmental emissions.

Ingevity Corporation (NYSENGVT) today announced that it will increase caprolactone monomer capacity at its facility in Warrington, U.K., through a series of optimization projects over the next 12 months that are expected to increase Ingevity’s global monomer production capacity by over 20% and position the company to better meet demand and more effectively serve customers.

Ingevity Corporation (NYSENGVT) announced today that it will release its third quarter earnings after the stock market close on Wednesday, October 27, 2021.

Ingevity Corporation (NYSENGVT) today announced it intends to challenge a jury verdict rendered on Sept. 15, 2021 in the U.S. District Court in Delaware related to claims by BASF Corporation, Florham Park, New Jersey, that Ingevity engaged in anticompetitive activities and interfered with an alleged prospective relationship between BASF and a customer. The claims relate to Ingevity’s enforcement of its patent covering canister systems used in automotive gasoline vapor emissions control (Patent No. RE38,844) and the company’s entry into several supply agreements with customers of its fuel vapor canister honeycombs. The jury ordered Ingevity to pay antitrust damages of approximately $28 million, which will be automatically tripled under U.S. antitrust law to roughly $85 million. Ingevity believes in the strength of its intellectual property and the merits of its position and intends to pursue all legal relief available to challenge this outcome.

Ingevity Corporation (NYSENGVT) today announced that it will hold a live webinar to discuss the outlook for pine chemicals and rosin industry dynamics on August 25, 2021, at 10 a.m. (Eastern). The event is part of Ingevity’s previously announced webinar series intended to continue educating analysts and investors on the dynamics and macro trends influencing its businesses and some of the strategic innovation efforts the company is making to drive growth.

Ingevity Corporation (NYSENGVT) today reported its second quarter 2021 financial results.

Ingevity Corporation (NYSENGVT) announced today that it will release its second quarter earnings after the stock market close on Wednesday, July 28, 2021.