Albemarle completed sale of 51% of Ketjen to ChemCat AcquisitionCo (KPS affiliate) on Mar 2, 2026;…
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Albemarle completed sale of 51% of Ketjen to ChemCat AcquisitionCo (KPS affiliate) on Mar 2, 2026; Albemarle retains a 49% minority stake. $ALB 🤝📅 #M&A #Chemicals
Albemarle expects ~ $547M cash from the Ketjen sale (incl. $22M cash at close). Combined with Jan 2026 Eurecat sale to Axens, total pre-tax proceeds ≈ $670M. $ALB 💵📈 #PrivateEquity #CapitalAllocation
Albemarle will retain 100% of Ketjen’s Performance Catalyst Solutions business, now integrated into Albemarle’s product portfolio — keeps catalyst exposure while monetizing a controlling interest. $ALB 🔧➡️🏢 #Strategy #Catalysts