Ingevity to open new automotive testing center in Zhuhai, China

NORTH CHARLESTON, S.C.–(BUSINESS WIRE)–$NGVT #earnings–Ingevity Corporation (NYSE: NGVT) today announced that it will open a
new automotive applications testing facility in Zhuhai, China. The new
testing center will provide state-of-the-art application testing
capabilities to original equipment manufacturers (OEMs) and suppliers
who use Ingevity’s automotive activated carbon products in gasoline
vapor emission control system components.

“We are making a significant investment in technical capabilities for
our Performance Materials segment to support increased demand driven by
the new China 6 regulation,” said Michael Wilson, Ingevity’s president
and CEO. “The new automotive testing center will help ensure our
customers’ success in designing new canister systems that perform
effectively and in accordance with the new regulatory standards.”

The $2.5 million facility will be co-located with Ingevity’s existing
manufacturing plant in Zhuhai city within the Guangdong province, and is
expected to be operational in late 2017. The equipment housed at the new
center will provide best-in-class testing capabilities, similar to those
at Ingevity’s North Charleston, S.C.-based Innovation Center, which
mostly services U.S. and European customers. Plans to expand the
automotive testing center in Zhuhai at a future date are already
underway to support the anticipated growth.

“This technical center will enable us to better collaborate with our
customers in China, the world’s largest vehicle market,” said Ed
Woodcock, executive vice president and president, Performance Materials.

Woodcock added that, as previously announced, Ingevity is also
constructing a new extrusion plant in Changshu, China, to be able to
respond quickly when demand for automotive activated carbon increases.
It is expected to be operational by the fall of 2018.

Ingevity has produced and sold activated carbon for more than a century,
including over 30 years in the automotive market. With over 750 million
units installed globally, the company is the global leader in the
automotive gasoline vapor emission control application.

Ingevity: Purify, Protect and Enhance

Ingevity (NYSE: NGVT) 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. For more information, visit www.ingevity.com.

Contacts

Ingevity Corporation
Laura Woodcock, 843-746-8197
[email protected]
or
Investors:
Dan
Gallagher, 843-740-2126
[email protected]