PQ Expands Nordic Presence with Acquisition of Sibelco's Specialty Silicate Business
December 02 2024 - 12:00AM
Business Wire
PQ (www.pqcorp.com), a leading global producer of silicates,
silicas and derivative products, announced that it has agreed to
acquire the specialty silicate business of the Sibelco Group
currently operated in the L�d�se plant in Sweden.
“Sibelco’s silicate business has a long history of success in
Sweden,” said Al Beninati, CEO of PQ. “This acquisition allows PQ
to expand our sodium and potassium silicate offerings to the Nordic
markets such as mining, construction, and pulp & paper. PQ has
operated in the region for over 70 years and looks forward to
continuing to provide high-quality products as part of this
expanded portfolio.”
Completion of the acquisition is subject to customary regulatory
approvals and is expected early 2025.
About PQ With headquarters in Malvern, Pennsylvania PQ is
a leading global provider of silicates, silicas and derivative
products. PQ’s products are found in a wide variety of industries
and many aspects of everyday life, from decorative paints to green
cement, from clean drinking water to green tires and from
toothpaste to aiding in the production of biofuels and beer.
Supported by 1,500 employees across 30 facilities in 13 countries,
PQ serves more than 900 customers around the world.
Through its global network of 30 facilities, PQ provides
best-in-class product offerings that support a broad range of end
uses including silica and chemical manufacturing; paints and
coatings; purification, construction and drilling; and personal
care, nutrition, and food and beverage.
About Sibelco Sibelco is a global leader in material
solutions. Sibelco mines, processes and sells specialty industrial
minerals – in particular high purity quartz, silica, clays,
feldspathics and olivine – and is a leader in glass recycling.
Sibelco’s solutions promote the progress of modern life and serve
industries as diverse as glass, ceramics, construction, coatings,
polymers, water purification and others. The Sibelco Group has
production facilities in more than 30 countries and a team of some
5,000 people. Learn more at www.sibelco.com
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Walter Reinfeld Director, Strategic Marketing
Walter.Reinfeld@pqcorp.com