MALVERN, PA — PQ has announced its agreement to acquire the specialty silicate business of the Sibelco Group, currently operated at the Lödöse plant in Sweden.
This acquisition will enable PQ to expand its range of sodium and potassium silicate products and strengthen its presence in Nordic markets, including mining, construction, and pulp and paper industries. With a history of over 70 years in the region, PQ seeks to enhance its product portfolio to meet the growing demand in these key sectors.
“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.”
The deal is subject to customary regulatory approvals and is expected to be finalized in early 2025.
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