Ingevity Corporation has entered into an agreement to sell substantially all assets and certain rights and liabilities related to its industrial specialties product line and the North Charleston, South Carolina crude tall oil refinery to Mainstream Pine Products, LLC. The sale, which includes the operations of the CTO Refinery, marks a strategic shift for Ingevity and is expected to close by early 2026. The company has provided unaudited recast financial information reflecting the divested businesses as discontinued operations for recent and prior periods.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ingevity Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001653477-25-000133), on December 01, 2025, and is solely responsible for the information contained therein.