SCHAUMBURG, Ill.--(BUSINESS WIRE)--Ascent Industries Co. (NASDAQ: ACNT) today announced that it has secured a significant new business program expected to generate more than $10 million in incremental annualized revenue. This win represents approximately 15% growth over Ascent's trailing twelve-month revenue, with margins anticipated to exceed current company averages over the same period. This...
SCHAUMBURG, Ill.--(BUSINESS WIRE)--Ascent Industries Co. (NASDAQ: ACNT) today announced that its sale-leaseback partner, STORE Master Funding XII, LLC, has entered into an agreement to assign the lease for the Company's former tubular facility in Munhall, Pennsylvania to a new tenant. The assignment removes approximately $2.1 million in annualized facility-related costs including rent, taxes, u...
SCHAUMBURG, Ill.--(BUSINESS WIRE)--Ascent Industries Co. (Nasdaq: ACNT) (“Ascent” or the “Company”), a specialty chemicals platform focused on the development, production, and distribution of tailored, performance-driven chemical solutions, is reporting its results for the third quarter ended September 30, 2025. Third Quarter 2025 Summary1 (in millions, except per share and margin) Q3 2025 Q3 2...
SCHAUMBURG, Ill.--(BUSINESS WIRE)--Ascent Industries Co. (Nasdaq: ACNT) (“Ascent” or the “Company”), a specialty chemicals platform focused on the development, production, and distribution of tailored, performance-driven chemical solutions, will hold a conference call on Tuesday, November 4, 2025, at 5:00 p.m. Eastern time to discuss its financial results for the third quarter ended September 3...
Ascent Industries has now fully divested its Metals and Tubular business, switching to being a pure-play specialty chemicals business. The rationale here is that the company aims to achieve consistent profitability through operating a high-margin business that is less cyclical and that accrues recurring revenues. The company has branded this part of the business, Chemicals as a Service, where t...
SCHAUMBURG, Ill.--(BUSINESS WIRE)--Ascent Industries Co. (Nasdaq: ACNT) (“Ascent” or the “Company”), a specialty chemicals platform focused on the development, production, and distribution of tailored, performance-driven chemical solutions, will participate in the following upcoming investor events: 16th Annual Midwest Ideas Conference Date: Tuesday, August 26, 2025 Location: Chicago, Illinois ...
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