BASF and PQ have signed an agreement for the sale of BASF’s silicates business, including assets at the Düsseldorf/Holthausen site to PQ, a supplier of silicates, silicas and derivative products. Subject to customary closing conditions such as regulatory approvals, the transaction is expected to be completed in H2 2026. The parties have agreed not to disclose the financial details of the transaction.
Under the terms of the agreement, PQ will acquire the sodium silicates business and the associated activities at BASF’s Düsseldorf/Holthausen site. PQ expects to continue and further develop the business under its ownership ensuring business continuity for customers and partners.
“BASF’s silicates business is an excellent strategic fit for our existing silicate network,” said Al Beninati, President and CEO of PQ. “The site’s central geographic location, highly skilled workforce, existing long-term partnerships with key customers and world-class facility provide an excellent foundation for further growth of the business. This acquisition will further enable PQ to serve our global customers with reliable quality and cost-effective solutions.”