PQ takes over Sibelco's specialty silicate business in a bold move

In a significant move in the materials industry, PQ Corporation, based in Malvern, Pennsylvania, has successfully completed the acquisition of the specialty silicate business from Sibelco Group. This acquisition involves the operations located at the Lödöse plant in Sweden, marking a strategic expansion for PQ in the European market. The announcement was made on January 13, 2025, indicating that PQ intends to leverage Sibelco's existing capabilities to enhance its product offerings and service capabilities in the Nordic region. Al Beninati, CEO of PQ, expressed enthusiasm about this transition, stating that the company's robust European network would enable new customers to achieve growth across the Nordics. Sibelco, a global leader in material solutions, operates production facilities in over 30 countries and employs around 5,000 people. Their expertise in material solutions has positioned them as an influential player in the industry, and through this acquisition, PQ aims to integrate Sibelco's specialty silicates into its portfolio. This acquisition is poised to strengthen PQ’s market presence and product development capabilities within the region, demonstrating its commitment to providing innovative solutions in silicates and derivatives. The acquisition also reflects ongoing consolidation trends in the materials sector, where companies are seeking to enhance their competitive capabilities through strategic mergers and acquisitions. By acquiring Sibelco's specialty silicate business, PQ is not only expanding its geographical footprint but also gaining access to valuable resources and talent in Sweden. The transaction aligns with PQ’s long-term growth strategy, focusing on increasing production efficiency and expanding its product range to meet diverse customer needs. Overall, this acquisition symbolizes a crucial step for PQ in bolstering its operations in Europe. As the company integrates the specialty silicate business, it will aim to provide enhanced solutions and improved services to its clientele in Sweden and the greater Nordic region. The completion of this acquisition stands as a testament to PQ's strategic planning and industry foresight in a rapidly evolving materials landscape.