QEMETICA sells salt assets to K+S and launches Resource Recovery unit

Key highlights
  • Preliminary sale of evaporated salt assets to K+S valued at €350–€380 million.
  • Closing is planned for Q1 2027, subject to regulatory approvals; advisors were Lazard, GIDE and PwC.
  • QEMETICA launches a Resource Recovery unit and tendered a PLN 1.4 billion waste-to-energy plant in Inowrocław, with more sites planned by 2032.
  • Group pursues international expansion: entering Australia with agro products and targeting silica growth in North America and Asia.

Transaction

QEMETICA signed a preliminary agreement to sell its evaporated salt business, including two production plants in Staßfurt and Janikowo, to K+S for €350–€380 million. The Group says the proceeds will strengthen its financial position and support further development. The salt unit’s EBITDA rose from around PLN 60 million a few years ago to a current target of approximately PLN 200 million. Closing is planned for the first quarter of 2027, subject to required regulatory approvals; QEMETICA was supported in the sale by Lazard, GIDE and PwC.

Resource Recovery strategy

QEMETICA has established a Resource Recovery business unit to use municipal and industrial waste as a fuel source, aiming to secure lower‑cost energy for its energy‑intensive operations and create a new revenue stream from the sale of energy and heat. The Group launched a tender for Poland’s largest waste‑to‑energy facility in Inowrocław, estimated at PLN 1.4 billion, and plans to launch several similar facilities in Poland by 2032. At Inowrocław the company also plans to convert a coal‑fired boiler to biomass. The waste‑to‑energy facility will underpin the new business; the next planned site is Janikowo. Piotr Kapuściński has been appointed head of Resource Recovery, and QEMETICA intends to offer energy to external customers and partner with local governments on district heating, excluding coal.

International expansion and growth areas

Concurrently, QEMETICA continues international expansion, entering Australia with agricultural products and seeking further growth opportunities for its silica business in North America and Asia, following earlier additions of precipitated silica plants in the United States and the Netherlands.

Source: Qemetica