Ingevity to establish new headquarters location in North Charleston, S.C.

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NORTH CHARLESTON, S.C., July 25, 2018 – Ingevity Corporation (NYSE: NGVT) today announced plans to establish a new global headquarters in the city of North Charleston in Charleston County, South Carolina, to accommodate its significant business growth.

Weaver Capital Partners and WECCO will construct a $20 million building to house Ingevity’s new headquarters. Ingevity will invest an additional $5 million to upfit the building to accommodate at least 100 new jobs in the greater Charleston region. The building, designed by architect firm LS3P, will be a 110,000-square foot structure on a former brownfield site located at 4920 O’Hear Avenue. The new facility will be within one mile of the Ingevity Technical Center, which currently houses the company’s headquarters and laboratory space, as well as its Innovation Center and one of its manufacturing facilities. Construction is expected to begin in late fall of 2018, with an estimated occupancy date of April 2020.

Once completed, the new headquarters will feature an open concept, eco-friendly office space to accommodate the company’s leadership, business and non-technical support functions and business development teams. Employees will also have access to many amenities within walking distance, including restaurants, shops and parks in the Park Circle neighborhood.

Following the relocation of Ingevity’s corporate functions, the Ingevity Technical Center will be refurbished to feature new, state-of-the-art laboratory space and offices for its technical teams, dedicated to inspiring innovation and development efforts that purify, protect and enhance the world around us.

“Ingevity has flourished in the North Charleston community for more than 70 years,” said Michael Wilson, Ingevity’s president and CEO. “As the largest publicly traded company by revenues in the Charleston region, we are proud to continue growing our roots in this community. I’d like to thank the state of South Carolina, the South Carolina Department of Commerce, Charleston County, and the city of North Charleston for their exceptional support of our growing business. We look forward to upholding our ongoing commitment to invest in and build our future in the great state of South Carolina.”

South Carolina Gov. Henry McMaster said, “Ingevity is a world-class company, and it speaks volumes that they decided to have this high-tech operation right here in South Carolina. This expansion reaffirms Ingevity’s commitment to our state and serves as another testament to South Carolina’s strong business climate.”

“South Carolina has a rich history in the chemical production sector, and today’s announcement by Ingevity shows that this industry continues to flourish in the Palmetto State,” said South Carolina Secretary of Commerce, Bobby Hitt. “We congratulate this tremendous company on their continued commitment to our state and look forward to watching them thrive for years to come.”

“Congratulations to Ingevity as they locate their corporate headquarters in Charleston County,” commented Charleston County Council Chairman, Victor Rawl. “Ingevity is an undisputed chemical industry leader, producing eco-conscious and sustainable products. We are proud to be the community hosting this ground-breaking R&D, and we look forward to a long partnership together.”

North Charleston’s Mayor Keith Summey remarked, “Ingevity’s positive impact on our community is significant, from their growing employee base to their ongoing substantial capital investments, as well as their tremendous charitable contributions to local non-profit organizations. North Charleston is proud to be the home to the region’s largest locally headquartered, publicly traded company, a truly community-minded organization.”

“We are excited to work with Ingevity on the ongoing development of a build to suit property that will accommodate their current and future business needs,” said Jay Weaver, founding partner at Weaver Capital Partners. “It is especially rewarding to revitalize a brownfield site, which will complement the overall development of the Park Circle neighborhood in North Charleston.”

Ingevity: Purify, Protect and Enhance

Ingevity provides specialty chemicals and high-performance carbon materials and technologies that purify, protect and enhance the world around us. Through a team of talented and experienced people, Ingevity develops, manufactures and brings to market products and processes that help customers solve complex problems.?These products are used in a variety of demanding applications, including asphalt paving, oil exploration and production, agrochemicals, adhesives, lubricants, publication inks and automotive components that reduce gasoline vapor emissions.?Headquartered in North Charleston, South?Carolina, Ingevity operates from 25 locations around the world and employs approximately 1,600 people. The company is traded on the New York Stock Exchange (NYSE: NGVT).?For more information visit www.ingevity.com.

Ingevity to install solar panels at North Charleston, S.C., plant

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PRESS RELEASE

NORTH CHARLESTON, S.C., Jan. 24, 2018 – Ingevity Corporation (NYSE: NGVT) today announced that it will install a photovoltaic solar panel system at its pine chemicals plant in North Charleston, South Carolina. Once the installation is complete, the company will be participating in South Carolina Electric & Gas’s customer-scale solar generation program, which will allow Ingevity to offset part of their electric usage at the facility.

“This is a tangible example of Ingevity’s commitment to sustainability and our mission to purify, protect and enhance the world around us,” said Michael Wilson, Ingevity president and CEO. “We have achieved significant energy savings over the past several years through conservation efforts and efficiency upgrades. SCE&G’s solar program for businesses provides an appealing opportunity to reinvest those savings into a renewable and more sustainable energy infrastructure while simultaneously diversifying our electricity sources.”

The early stages of the installation are currently underway, with North Carolina-based Strata Solar Commercial providing engineering, procurement and construction services.?“We’re excited to partner with Ingevity to help?bring more renewable energy into their portfolio,” said Henry Dziuba, Strata’s chief revenue officer. “Strata is thrilled to be able to bring our vast experience in utility scale?applications to the commercial environment and help more organizations like Ingevity?meet their sustainability goals.”

Construction on the solar panel system is expected to be completed and operational by the end of the first quarter in 2018. It will consist of approximately 1,476 solar modules, and will produce approximately 723,000 kilowatt hours of energy in its first year of operation, offsetting the equivalent of 1.1 million pounds of carbon dioxide on an annual basis.

Ingevity: Purify, Protect and Enhance

Ingevity provides specialty chemicals and high-performance carbon materials and technologies that purify, protect and enhance the world around us. Through a team of talented and experienced people, Ingevity develops, manufactures and brings to market products and processes that help customers solve complex problems. These products are used in a variety of demanding applications, including asphalt paving, oil exploration and production, agrochemicals, adhesives, lubricants, publication inks and automotive components that reduce gasoline vapor emissions. Headquartered in North Charleston, South Carolina, Ingevity operates from 25 locations around the world and employs approximately 1,500 people. The company is traded on the New York Stock Exchange (NYSE: NGVT).?

About Strata Solar

Strata Solar is a leading provider of utility-scale, commercial and industrial solar photovoltaic (PV) systems. Strata has constructed over 1.2 GW in total solar capacity and maintains a development pipeline of over 3.5 GW. The company’s integrated approach, which includes development, financing, engineering, procurement, construction, operations, and maintenance, allows Strata to consistently build quality projects with long-term ownership in mind. Strata is consistently ranked as one of the largest utility-scale solar integrators in the U.S.

Charleston Based Ingevity raises more than $1,000,000 in Trident United Way campaign

2016_TUW_Check_presentaiton_PR.jpg

Ingevity employees recently presented a check totaling $1,012,146 to Trident United Way, representing donations made by the company and 228 of its Charleston area-based employees. Ingevity is the sixth company in the history of South Carolina to donate over $1 million to Trident United Way. This year’s donation marks the third consecutive year that Ingevity has raised more than this amount for the organization.

“This donation represents an investment in the education, financial stability, and health of the community,” said Michael Wilson, president and CEO, Ingevity. “We are happy to play a role in helping to improve the quality of life for our neighbors.”

Trident United Way is a catalyst for transformative community change, working with the community to identify the most pressing needs, and finding the resources to address them. Monies raised by Ingevity directed to Trident United Way will assist in providing support including grants, infrastructure and guidance in the areas of:

  • convening and integration;
  • education;
  • financial stability;
  • health; and
  • connecting the community.

Ed Rose, executive vice president and president, Performance Chemicals, Ingevity, and chairman of the board for Trident United Way, stated, “Giving back to the community is an important component of who we are at Ingevity. We are proud of our employees, and continue to be impressed by their generosity.”

“We are so grateful for Ingevity and its employees who are committed to making Bold Community Change locally by giving of their time, talent and treasure,” said Chris Kerrigan, president and CEO, Trident United Way. “For the third year in a row, we are amazed by Ingevity’s achievement and dedication to Trident United Way’s mission.”

Ingevity: Purify, Protect and Enhance

Ingevity provides specialty chemicals and high-performance carbon materials and technologies that help customers solve complex problems. These products are used in a variety of demanding applications, including asphalt paving, oil exploration and production, agrochemicals, adhesives, lubricants, printing inks and automotive components that reduce gasoline vapor emissions. Through a team of talented and experienced people, Ingevity develops, manufactures and brings to market products and processes that purify, protect and enhance the world around us. Headquartered in North Charleston, S.C., Ingevity operates from 25 locations around the world and employs approximately 1,500 people. The company is traded on the New York Stock Exchange (NYSE: NGVT). For more information, visit?www.ingevity.com.

Ingevity Opens Innovation Center in North Charleston

Pictured (l to r): Ed Woodcock, Executive Vice President and President, Performance Materials, Ingevity; Steve Dykes, executive director, Charleston County Economic Development Board; Michael Wilson, president and CEO, Ingevity; Bob King, mayor pro-tem, city of North Charleston; Ed Rose, Executive Vice President and President, Performance Chemicals, Ingevity; and Marty Heyne, Senior Vice President, Operations, Ingevity.
Pictured (l to r): Ed Woodcock, Executive Vice President and President, Performance Materials, Ingevity; Steve Dykes, executive director, Charleston County Economic Development Board; Michael Wilson, president and CEO, Ingevity; Bob King, mayor pro-tem, city of North Charleston; Ed Rose, Executive Vice President and President, Performance Chemicals, Ingevity; and Marty Heyne, Senior Vice President, Operations, Ingevity.

 

MEDIA PRESS RELEASE:? NORTH CHARLESTON, SC – Ingevity today celebrated the grand opening of its newly constructed Innovation Center in North Charleston with a ribbon-cutting ceremony attended by approximately 45 people. The center will add 24 jobs to the Charleston economy.

Michael Wilson, president and CEO, Ingevity, opened the ceremony with a few remarks followed by words from Bob King, mayor pro tem, city of North Charleston, and Steve Dykes, executive director, Charleston County Economic Development. Guests and representatives of the media then toured the new facility.

Constructed to enrich Ingevity’s technical innovation capabilities, the Innovation Center will position the company to serve important global growth businesses in rapidly changing and competitive markets. “Working side-by-side with our customers at this center, we will be able to jointly research new technologies and products to help protect, enhance and purify the world around us,” said Wilson.

Ingevity is among the top 50 chemical companies in the U.S., employing around 500 people in the Charleston area and more than 1,500 worldwide.

“It’s often said that business doesn’t sit still; it’s constantly changing and growing. To remain competitive in a dynamic economy, the State of South Carolina must continue to do all it can to cultivate a positive environment for innovation, technology and entrepreneurial activity,” said South Carolina Secretary of Commerce Bobby Hitt. “This new Ingevity Innovation Center will do just that, positioning both this region and our state for continued economic success.”

“Today, we take part in announcing the success of a strong, vibrant company, a capable workforce, and a business friendly community. We are proud to have Ingevity as part of our city, applaud their expansion, and very much look forward to the company’s future accomplishments,” said Mayor Keith Summey. “As always, it is the goal of the City of North Charleston to maintain an environment for businesses to flourish and be ever-attentive to the needs of our local industries.”

“Congratulations to Ingevity as they open this Innovation Center,” said Chairman?Elliott?Summey?of Charleston County Council. “Ingevity is an undisputed chemical industry leader, producing cutting-edge products that are environmentally –sensitive and sustainable. We are proud to be the community hosting this important work, and we look forward to a long partnership together.”

 

Ingevity: Purify, Protect and Enhance
Ingevity provides specialty chemicals and high-performance carbon materials and technologies that help customers solve complex problems. These products are used in a variety of demanding applications, including asphalt paving, oil exploration and production, agrochemicals, adhesives, lubricants, printing inks and automotive components that reduce gasoline vapor emissions. Through a team of talented and experienced people, Ingevity develops, manufactures and brings to market products and processes that purify, protect and enhance the world around us. Headquartered in North Charleston, S.C., Ingevity operates from 25 locations around the world and employs approximately 1,500 people. The company is traded on the New York Stock Exchange (NYSE: NGVT). For more information, visit?www.ingevity.com.