ACNT

Ascent Industries Co. an industrials company focuses on the production and distribution of industrial tubular products and specialty chemicals in the United States and internationally. The company operates through two segments Tubular Products and Specialty Chemicals. It manufactures welded pipes and tubes primarily from stainless steel duplex and nickel alloys; and galvanized carbon tubes as well as related stainless pipe products. The company also manufactures ornamental stainless steel tubes for supply to the automotive commercial transportation marine food services construction furniture healthcare and other industries; and distributes hot finish seamless carbon steel pipes and tubes for use in mechanical and high-pressure applications in the oil and gas heavy industrial construction equipment and chemical and other industries. In addition it produces defoamers surfactants and lubricating agents for end users including companies that supply agrochemical paper metal working coatings water treatment paint mining oil and gas and janitorial and other applications. Further the company provides contract manufacturing services as well as operates as a multi-purpose plant to process various difficult to handle materials including flammable solvents viscous liquids and granular solids. The company was formerly known as Synalloy Corporation and changed its name to Ascent Industries Co. in August 2022. Ascent Industries Co. was founded in 1945 and is based in Oak Brook Illinois.