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Issue 21/2020 - PQ sells its high-performance materials business

 Last Update: 2022-11-12
 Source: Internet
 Author: User

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PQ sells its high-performance materials business

PQ Group, a U.
S.
specialty chemicals company, reached an agreement with private equity firm Jordan to sell its performance materials business
for $650 million.

PQ said it will focus on its high-growth, high-margin catalysis and refining services businesses
in the future.
The transaction is subject to regulatory approvals and is expected to close
by the end of 2020.

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