BASF said on 20 May that it had agreed to sell its silicates business, including assets at its Düsseldorf/Holthausen site, to PQ, a US supplier of silicates and silicas.
Why PQ is buying BASF silicates business (Düsseldorf/Holthausen)
BASF said the sale was the result of a strategic assessment within Care Chemicals and that PQ could offer the business a long-term perspective. PQ said the site's location, workforce and customer relationships provide a foundation for growth.
“BASF's silicates business is an excellent strategic fit for our existing silicate network.”
Deal terms and financing
The parties did not disclose financial details. Operations will continue unchanged until completion.
Regulatory approvals and timing
Completion is subject to customary conditions including regulatory approvals and is expected in the second half of 2026.
Market context
Sodium silicates are used in rubber and green tyres, paints and coatings, geotechnical work and detergents. PQ has about 1,400 employees across 30 facilities in 15 countries.
