PPG completes sale of silicas business to QEMETICA for $310M

PPG has completed the sale of its silicas products business to QEMETICA for approximately $310 million in pre-tax proceeds, including manufacturing facilities in Lake Charles, Louisiana and Delfzijl, Netherlands, and about 400 employees.

“We are pleased to complete this transaction with QEMETICA, and I want to thank the silicas products business employees for their dedication and commitment to the business and to PPG customers throughout the years.”coatingsworld.com

• 1 source
• coatingsworld.comPPG Completes Sale of Silicas Products Business to QEMETICA - Coatings WorldBy: KERRY PIANOFORTE EditorNov 26, 2024

Summarized from public sources; check the original articles before acting on it.