Ascent Industries Co. (NASDAQ:ACNT) ("Ascent" or the "Company"), an industrials company focused on the production and distribution of specialty chemicals and industrial tubular products, today announced the successful closing of the previously announced sale of substantially all of the assets of Bristol Metals, LLC ("BRISMET") to Ta Chen International, Inc. ("Ta Chen"), a global manufacturer and distributor of stainless and aluminum products, for approximately $45 million in an all-cash transaction. Proceeds will be deployed to advance both organic and inorganic growth initiatives within the Specialty Chemicals segment as well as general corporate purposes, with a focus on driving enhanced

Ascent Industries Co. (NASDAQ:ACNT) ("Ascent" or the "Company"), an industrial company focused on the production of specialty chemicals and industrial tubular products, will attend the American Fuel & Petrochemical Manufacturers (AFPM) Annual Meeting in San Antonio, Texas, from March 23-25, 2025. The Company will highlight its robust portfolio of oil & gas performance additives and its commitment to delivering reliable, U.S.-based chemical manufacturing solutions from its three domestic manufacturing sites. With a growing focus on domestic supply chain security and operational efficiency, Ascent continues to provide high-performance solutions that enhance oilfield applications. The Company

Ascent Industries Co. (NASDAQ:ACNT) ("Ascent" or the "Company"), an industrials company focused on the production and distribution of specialty chemicals and industrial tubular products, has announced it has reached a definitive agreement to sell substantially all of the assets of Bristol Metals, LLC ("BRISMET") to Ta Chen International, Inc. (Ta Chen), a manufacturer and distributor of stainless and aluminum coils, sheets, plates, long products, tubes and PVFs, for approximately $45 million in an all-cash transaction. The transaction is planned to close on March 31, 2025. BRISMET has been an industry leader in stainless, duplex, super duplex, 6 moly and nickel alloy welded steel pipe manu

Stifel initiated coverage of Ascent Industries with a rating of Buy and set a new price target of $20.00

4 - ASCENT INDUSTRIES CO. (0000095953) (Issuer)

4 - ASCENT INDUSTRIES CO. (0000095953) (Issuer)

4 - ASCENT INDUSTRIES CO. (0000095953) (Issuer)

4 - ASCENT INDUSTRIES CO. (0000095953) (Issuer)

4 - ASCENT INDUSTRIES CO. (0000095953) (Issuer)

4 - ASCENT INDUSTRIES CO. (0000095953) (Issuer)

8-K - ASCENT INDUSTRIES CO. (0000095953) (Filer)

8-K - ASCENT INDUSTRIES CO. (0000095953) (Filer)

10-K - ASCENT INDUSTRIES CO. (0000095953) (Filer)

Ascent Industries Co. (NASDAQ:ACNT) ("Ascent" or the "Company"), an industrials company focused on the production and distribution of industrial tubular products and specialty chemicals, has appointed John W. ("Wes") Johnson as president of Ascent Tubular, effective December 4, 2023. Mr. Johnson is a results-oriented executive bringing over 20 years of leadership experience across a variety of global industrial-focused companies. Most recently, he served as the senior vice president and global general manager of Corrpro, a subsidiary of Aegion Corporation that offers total corrosion solutions to the energy, Department of Defense, municipal, and marine markets. While at Corrpro, Mr. Johnso

Ascent Industries Co. (NASDAQ:ACNT) ("Ascent" or the "Company"), an industrials company focused on the production and distribution of industrial tubular products and specialty chemicals, has appointed J. Bryan Kitchen as president of Ascent Chemicals, effective September 18, 2023. Mr. Kitchen joins Ascent with nearly two decades of senior leadership experience in the chemicals industry, having held management roles for several global industry leaders. Most recently, he served as president, CEO and chairman of the board for Clearon Corp., a leading specialty chemicals manufacturer of essential sanitizers and disinfectants for household, industrial, institutional and water treatment applica

Ascent Industries Co. (NASDAQ:ACNT) ("Ascent" or the "Company"), an industrials company focused on the production and distribution of industrial tubular products and specialty chemicals, today announced the appointment of Bill Steckel as chief financial officer, effective today. He succeeds Aaron Tam, who has resigned as CFO. Mr. Steckel brings to Ascent more than two decades of extensive experience in operational finance, financial planning and analysis and treasury across a wide range of industries, as well as expertise in capital markets and M&A. Prior to joining Ascent, he spent over five years in multiple CFO assignments for manufacturing, distribution and technology companies. Durin

Ascent Finishes the Year with Strong Earnings Growth, a Healthy Cash Balance, Debt Free, and Nearly $15 Million of Free Cash Flow Generated in 2024 Ascent Industries Co. (NASDAQ:ACNT) ("Ascent" or the "Company"), an industrial company focused on the production of specialty chemicals and industrial tubular products, is reporting its results for the fourth quarter and full year ended December 31, 2024. Fourth Quarter 2024 Summary1 (in millions, except per share and margin) Q4 2024 Q4 2023 Change Net Sales $40.7 $41.2 (1.3)% Gross Profit $7.3 $(2.1) 438.4% Gross Profit Margin 17.9% (5.2)% 2310 bps Net Income (Loss) $0.1

Ascent Industries Co. (NASDAQ:ACNT) ("Ascent" or the "Company"), an industrial company focused on the production of specialty chemicals and industrial tubular products, will hold a conference call on Tuesday, March 4, 2025, at 5:00 p.m. Eastern time to discuss its financial results for the fourth quarter and full year ended December 31, 2024. The results will be reported in a press release prior to the conference call. Ascent management will host the conference call, followed by a question and answer period. Date: Tuesday, March 4, 2025 Time: 5:00 p.m. Eastern time Live Call Registration Link: Here Webcast Registration Link: Here To access the call by phone, please register via the live

Ascent Industries Co. (NASDAQ:ACNT) ("Ascent" or the "Company"), an industrials company focused on the production of specialty chemicals and industrial tubular products, is reporting its results for the third quarter ended September 30, 2024.   Third Quarter 2024 Summary1   (in millions, except per share and margin) Q3 2024 Q3 2023 Change Net Sales $42.9 $46.7 (8.2)% Gross Profit $6.5 $3.0 116.5% Gross Profit Margin 15.1% 6.4% 870bps Net (Loss) $(7.0) $(14.7) (52.2)% Diluted (Loss) per Share $(0.69) $(1.45) (52.4)% Adj

SC 13G/A - ASCENT INDUSTRIES CO. (0000095953) (Subject)

SC 13D/A - ASCENT INDUSTRIES CO. (0000095953) (Subject)

SC 13G - ASCENT INDUSTRIES CO. (0000095953) (Subject)