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Ecovyst Inc. has sold its Advanced Materials & Catalysts segment to Technip Energies for approximately $530 million, which will help reduce Ecovyst's Net Debt Leverage Ratio below 1.5x. The acquisition, which includes about 330 employees and focuses on specialty silica-based materials and catalysts, aligns with Technip Energies' strategy to enhance its capabilities in sustainable energy solutions and increase recurring revenues in technology and innovation.