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Home > News > Company News > PQ Group sells high-performance materials business for $650 million

PQ Group sells high-performance materials business for $650 million

2020-10-21

PQ Group, a U.S. specialty chemicals company, recently entered into 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 catalyst and refining services business going forward. The deal, which is subject to regulatory approvals, is expected to close by the end of 2020.

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