Exhibit 99.1 Ascent Industries Reports First Quarter 2024 Results Oak Brook, Illinois, May 8, 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 first quarter ended March 31, 2024. First Quarter 2024 Summary1 (in millions, except per share and margin) Q1 2024 Q1 2023 Change Net Sales $44.1$54.9 (19.6)% Gross Profit $2.5$1.5 72.4% Gross Profit Margi ...