M&A Deal Summary |
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Date | 2025-03-18 |
Target | Cornerstone Chemical - Sulfuric Acid Assets |
Sector | Chemicals |
Buyer(s) | Ecovyst |
Sellers(s) | Cornerstone Chemical |
Deal Type | Divestiture |
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Ecovyst is a worldwide producer of specialty inorganic performance chemicals, high-end catalysts and engineered glass beads for the consumer, oil & gas, transportation safety, specialty plastics and industrial markets. Ecovyst was founded in 1831 and is based in Malvern, Pennsylvania.
DEAL STATS | # |
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Overall | 1 of 1 |
Sector (Chemicals) | 1 of 1 |
Type (Divestiture) | 1 of 1 |
State (Louisiana) | 1 of 1 |
Country (United States) | 1 of 1 |
Year (2025) | 1 of 1 |
DATE | TARGET | DEAL TYPE | VALUE |
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2021-03-01 |
PQ Performance Chemicals
Malvern, Pennsylvania, United States PQ Performance Chemicals is a global supplier of silicate and derivative products that serve as environmentally friendly substitutes for materials used in a variety of applications. These include end uses such as matting agents in surface coatings, clarifying agents for edible oils and beverages, additives to paints and coatings for thermal insulation, and sensory particles in personal care products to improve feel attributes. |
Sell | $1.1B |
Category | Company |
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Founded | 1952 |
Sector | Chemicals |
Employees | 460 |
Cornerstone Chemicals is a producer of a group of high-value intermediate chemicals, including acrylonitrile, melamine, sulfuric acid and diesel exhaust fluid. The company manufactures its products in multiple plants on its owned and highly-integrated 800-acre chemical complex. Cornerstone Chemical was established in 1952 and is headquartered in Waggaman, Louisiana.
DEAL STATS | # |
---|---|
Overall | 1 of 1 |
Sector (Chemicals) | 1 of 1 |
Type (Divestiture) | 1 of 1 |
State (Louisiana) | 1 of 1 |
Country (United States) | 1 of 1 |
Year (2025) | 1 of 1 |