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6 Aug, 2024
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Ascent Industries Co. is an industrial manufacturing company that specializes in producing and distributing stainless steel pipes, tubes, and specialty chemicals. The company operates through two primary segments: Tubular Products and Specialty Chemicals. In the Tubular Products division, Ascent manufactures welded pipes and tubes from materials such as stainless steel, nickel alloys, and duplex for use in industries like automotive, marine, and construction. The Specialty Chemicals division produces defoamers, surfactants, and lubricants for applications in sectors like agriculture, paper, water treatment, and mining. The company is headquartred in Schaumburg, Illinois, and its shares are listed on the NASDAQ.