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Qemetica has acquired the silica business from PPG, a deal that will help Qemetica establish itself as a key player in the silica arena.
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.
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.