PQ to acquire Sibelco's specialty silicate business in Sweden

PQ, a leading global producer of silicates, silicas and derivative products, announced that it has agreed to acquire the specialty silicate business of the Sibelco Group currently operated in the Lödöse plant in Sweden.

“Sibelco’s silicate business has a long history of success in Sweden,” said Al Beninati, CEO of PQ. “This acquisition allows PQ to expand our sodium and potassium silicate offerings to the Nordic markets such as mining, construction, and pulp & paper. PQ has operated in the region for over 70 years and looks forward to continuing to provide high-quality products as part of this expanded portfolio.”

Completion of the acquisition is subject to customary regulatory approvals and is expected early 2025.

Note: The headline, insights, and image of this press release may have been refined by the Fibre2Fashion staff; the rest of the content remains unchanged.

ALCHEMPro News Desk (HU)