PPG sells silicas products business to QEMETICA for $310M
PPG reached a definitive agreement to sell its silicas products business to QEMETICA for approximately $310 million. The transaction includes manufacturing facilities in Lake Charles, Louisiana and Delfzijl, Netherlands, and is expected to close in Q4 2024.
Productsprecipitated silica products
“PPG... today announced that it has reached a definitive agreement to sell its silicas products business for approximately $310 million in pre-tax proceeds to QEMETICA S.A.”news.ppg.com
- 4 sources
- news.ppg.comPPG reaches agreement to sell silicas products business to QEMETICA | PPG NewsroomAug 29, 2024
- chemeurope.comHistoric Acquisition by Polish Company in the US - Qemetica Enters Agreement to Acquire Silicas Products Business for USD 310 Million from American PPGSep 4, 2024
- manufacturingdive.comPPG to sell silicas products business for $310M | Manufacturing DiveSara SamoraSep 6, 2024
- adhesivesmag.comMergers/Acquisitions - Articles - Page 11 | Adhesives & Sealants IndustryNov 6, 2024
Summarized from public sources; check the original articles before acting on it.