News & Insights

Markets
PPG

PPG Completes Sale Of Silicas Products Business To Qemetica

November 25, 2024 — 11:15 am EST

Written by RTTNews.com for RTTNews ->

(RTTNews) - PPG Industries Inc. (PPG) Monday announced the completion of the sale of silicas products business to Poland-based Qemetica for approximately $310 million in pre-tax proceeds.

The transaction includes PPG's precipitated silicas manufacturing facilities in Lake Charles, Louisiana, and Delfzijl, the Netherlands. As per the agreement, Qemetica will lease silicas manufacturing operations at PPG sites in Barberton, Ohio and Monroeville, Pennsylvania.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Tags

Markets
RTTNews
Founded in the late 1990s by Andrew Mariathasan in New York, with the goal of covering Wall Street for a new generation of investors, RTTNews has expanded steadily over the years to become a trusted provider of content for a wide array of subjects across several platforms. RTT's Financial Newswire is relied upon by some of the world's largest financial institutions, including banks, brokerages, trading platforms and financial exchanges.
More articles by this source ->

Stocks mentioned

PPG

More Related Articles

Info icon

This data feed is not available at this time.

Data is currently not available

  • •

Sign up for the TradeTalks newsletter to receive your weekly dose of trading news, trends and education. Delivered Wednesdays.