BASF sells its silicates business to specialist supplier PQ

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PQ extends its global silicate platform with the acquisition of BASF silicates business including assets in Düsseldorf

BASF and PQ have signed an agreement to the sale of BASF’s silicates business, including assets at the Düsseldorf/Holthausen site to PQ. 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 to customers and partners.

PQ is a supplier of silicates, silicas and derivative items, with worldwide reach. Silicates are versatile inorganic materials utilized in a wide range of everyday and manufacturing applications, including in the rubber and “environmentally friendly Tire” sector, paints and coatings, geotechnical applications as well as laundry detergents and cleaning items.

“The sale of the silicates business is the result of a thorough strategic assessment within the Care Chemicals division,” said Jordi Tormo Blasco, Vice President Business regulation manufacturing Formulators Europe at BASF. “With PQ, we have found a buyer with extensive experience in silicate production who can offer the business a sustainable prolonged perspective. From the outset, it was crucial to us to identify a robust solution to the future of the business as well as a partner with whom we expect to continue close cooperation, given our continued presence at the Düsseldorf site.”

“BASF’s silicates business is an excellent strategic fit to our existing silicate network,” said Al Beninati, President and CEO of PQ. “The site’s central geographic location, highly skilled workforce, existing prolonged partnerships with key customers and world-class facility provide an excellent foundation to further development of the business. This acquisition will further enable PQ to serve our global customers with reliable condition and cost-efficiently solutions.”

At this time, operations of BASF’s silicates business will remain unchanged and following the completion of the transaction, the companies expect a seamless transition to customers and partners.

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