Ascent Industries Co. (ACNT)

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Ascent Industries Co., an industrial enterprise based in Oak Brook, Illinois, specializes in the manufacturing and global distribution of a wide range of tubular products and specialty chemicals. Established in 1945 and formerly known as Synalloy Corporation, the company focuses on producing welded pipes and tubes, particularly from stainless steel, duplex, and nickel alloys. These products cater extensively to sectors such as automotive, commercial transportation, marine, construction, healthcare, and more, providing essential components for diverse industrial applications.

In addition to its core tubular manufacturing capabilities, Ascent Industries Co. offers fiberglass and steel storage tanks, serving vital industries including oil and gas, wastewater treatment, and municipal water management. The company also plays a crucial role in the chemical sector by distributing hot finish, seamless carbon steel pipes, and tubes used in demanding mechanical and high-pressure applications across oil and gas, heavy industrial, and construction equipment sectors.

Complementing its manufacturing operations, Ascent Industries Co. develops and supplies specialty chemicals such as defoamers, surfactants, and lubricating agents. These chemicals support various industries including agrochemicals, paper manufacturing, metalworking, coatings, water treatment, mining, oil and gas extraction, as well as janitorial services. The company's commitment to versatility is underscored by its capabilities in contract manufacturing and its multi-purpose plant, equipped to handle challenging materials like flammable solvents, viscous liquids, and granular solids with precision and safety.

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