Performance Chemicals

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05.03.2021 • News

PQ Sells Performance Chemicals to Cerberus/Koch Partnership

PQ Group has agreed to sell its Performance Chemicals business for $1.1 billion to a partnership established by Cerberus Capital Management and Koch Minerals & Trading. The divestment is part of PQ’s strategy, called Simpler + Stronger, which the group said is aimed at driving greater value for its shareholders.

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