(IGT) NORTH CHARLESTON, S.C.--(BUSINESS WIRE)--Ingevity announces agreement to sell North Charleston CTO refinery and majority of Industrial Specialties product line to Mainstream Pine Products.
Related Questions
How will the sale of the North Charleston CTO refinery affect Ingevity's future cash flows and earnings guidance?
What valuation multiples and premiums is Mainstream Pine Products offering for the refinery and product line?
Will the divestiture change Ingevity's strategic focus or lead to further asset reallocation within the industrial specialties segment?