BASF to sell silicates business and Düsseldorf assets to PQ

Key highlights
  • BASF to sell its sodium silicates business and Düsseldorf/Holthausen site assets to PQ.
  • Deal closing expected in H2 2026, subject to regulatory approvals.
  • PQ plans to continue operations and grow the business, maintaining customer and partner continuity.
  • Silicates and silicas serve applications in rubber/green tires, paints and coatings, geotechnical works, and detergents.

Transaction

BASF has signed an agreement to sell its silicates business, including assets at the Düsseldorf/Holthausen site, to PQ; financial terms were not disclosed and closing is expected in H2 2026 subject to customary regulatory approvals.

Scope and transition

PQ will acquire the sodium silicates business and associated activities at the Düsseldorf site; operations remain unchanged until closing and both companies expect a seamless transition with continuity for customers and partners; BASF says the divestment follows a strategic review within its Care Chemicals division.

Markets and applications

Silicates and silicas serve industrial and consumer markets including rubber/“green tire” production, paints and coatings, geotechnical applications, and laundry detergents and cleaning products; PQ is a global supplier of silicates, silicas and derivative products.