Exhibit 99.1 Ascent Industries Reports Fourth Quarter and Full Year 2023 Results Eliminated All Outstanding Debt with Cash Proceeds from the Sale of Specialty Pipe & Tube New Leadership Focused on Accelerating Profitable Growth and Maximizing Value Oak Brook, Illinois, March 28, 2024 – Ascent Industries Co. (Nasdaq: ACNT) (“Ascent” or the “Company”), an industrials company focused on the production of specialty chemicals and industrial tubular products, is reporting its results for the fourth quarter and fu ...