# 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.

- Type: Acquisition
- Announced: 2024-08-29
- Where: Lake Charles, Louisiana; Delfzijl, Netherlands; Barberton, Ohio; Monroeville, Pennsylvania, United States
- Value: $310.0M
- Jobs: 400
- Status: announced
- Products: precipitated silica products
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [PPG](https://endata.com/companies/1215.md)
- [PPG](https://endata.com/companies/1215.md) (target)
- [QEMETICA](https://endata.com/companies/79478.md) (acquirer)

## Sources

- [news.ppg.com](https://news.ppg.com/Press-Releases/news-details/2024/PPG-reaches-agreement-to-sell-silicas-products-business-to-QEMETICA/default.aspx), 2024-08-29: "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."
- [chemeurope.com](https://www.chemeurope.com/en/news/1184346/historic-acquisition-by-polish-company-in-the-us.html), 2024-09-04: "This transaction, meeting all the mentioned criteria, means that after finalizing and fully integrating the new business, we will be closer to achieving our strategic goals."
- [manufacturingdive.com](https://www.manufacturingdive.com/news/ppg-to-sell-silicas-business-louisiana-netherlands-plant-qemetica/726123/), 2024-09-06: "PPG reached an agreement with chemical maker Qemetica to sell its silica products business for approximately $310 million."
- [adhesivesmag.com](https://www.adhesivesmag.com/articles/topic/2641-mergers-acquisitions?page=11), 2024-11-06: "PPG announced that it has reached a definitive agreement to sell its silicas products business for approximately $310 million in pre-tax proceeds."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.