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Ingevity Completes Sale of North Charleston CTO Refinery, Majority of Industrial Specialties Product Line
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Ingevity Completes Sale of North Charleston CTO Refinery, Majority of Industrial Specialties Product Line
Mar 10, 2026 11:38 PM

07:22 AM EST, 01/05/2026 (MT Newswires) -- Ingevity ( NGVT ) said Monday it has completed the sale of its North Charleston Crude Tall Oil refinery assets and the majority of its Performance Chemicals Industrial Specialties product line to Mainstream Pine Products.

The company said the sale was for $110 million at closing, plus up to $19 million in potential contingent payments.

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