PQ Group to sell sodium silicates business for USD1.1 billion

PQ Group to sell sodium silicates business for USD1.1 billion
WESPECH PTE LTD
8 Eu Tong Sen Street #14-94, The Central, Singapore (059818)
+65 315 904 24

11.03.2021

MOSCOW (MRC) -- PQ Group HoldingsВ has announced an agreement to sell its sodium silicate and silica derivatives business, called performance chemicals, to a partnership established by private equity firm Cerberus Capital Management (New York, New York) and Koch Minerals and Trading for USD1.1 billion, according to Chemweek.Proceeds from the deal will fund a special dividend of USD2.50-3.

Full article at mrcplast.com

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