News
October 28, 2025
KPS CAPITAL PARTNERS TO ACQUIRE CONTROLLING STAKE IN KETJEN FROM ALBEMARLE
NEW COMPANY WILL BE A GLOBAL LEADER IN ADVANCED CATALYSTS AND ADDITIVES FOR THE REFINING AND PETROCHEMICAL INDUSTRIES NEW YORK, Oct. 27, 2025 /PRNewswire/ -- KPS Capital Partners, LP ("KPS") announced today that, through a newly formed affiliate, it has entered into a definitive agreement...
**KPS Capital Partners to Acquire Controlling Stake in Ketjen from Albemarle**
New York, NY – October 27, 2025 – KPS Capital Partners, LP ("KPS") has announced a significant move in the refining and petrochemicals industry. The firm, through a newly formed affiliate, has entered into a definitive agreement to acquire a controlling stake in Ketjen from Albemarle Corporation. This acquisition positions the newly independent Ketjen as a global leader in the development and supply of advanced catalysts and additives.
The agreement signals a new chapter for Ketjen, which has long been recognized for its innovative solutions and strong customer relationships within the refining and petrochemical sectors. As a standalone entity backed by KPS, Ketjen is expected to further enhance its focus on research and development, allowing it to accelerate the introduction of cutting-edge technologies to meet the evolving needs of its global customer base.
Catalysts and additives play a crucial role in the refining and petrochemical industries, enabling more efficient and cleaner production processes. They are essential for optimizing yields, reducing energy consumption, and minimizing environmental impact. Ketjen's expertise in these areas has made it a trusted partner for companies worldwide.
While the specific terms of the agreement were not disclosed in the initial announcement, the deal is expected to close upon satisfaction of customary closing conditions, including regulatory approvals. The acquisition is anticipated to provide Ketjen with the resources and strategic guidance necessary to pursue organic growth initiatives and potential acquisitions, further solidifying its leadership position in the market.
KPS Capital Partners is known for its expertise in transforming businesses and creating value through operational improvements and strategic investments. Their acquisition of a controlling stake in Ketjen demonstrates their confidence in the company's potential and the long-term growth prospects of the advanced catalysts and additives market. Industry experts believe that this transaction will bring more innovation to the sector and benefit the refining and petrochemical industries through higher efficiency and more sustainability. The future looks promising for Ketjen as it embarks on this exciting new journey under the guidance of KPS.
New York, NY – October 27, 2025 – KPS Capital Partners, LP ("KPS") has announced a significant move in the refining and petrochemicals industry. The firm, through a newly formed affiliate, has entered into a definitive agreement to acquire a controlling stake in Ketjen from Albemarle Corporation. This acquisition positions the newly independent Ketjen as a global leader in the development and supply of advanced catalysts and additives.
The agreement signals a new chapter for Ketjen, which has long been recognized for its innovative solutions and strong customer relationships within the refining and petrochemical sectors. As a standalone entity backed by KPS, Ketjen is expected to further enhance its focus on research and development, allowing it to accelerate the introduction of cutting-edge technologies to meet the evolving needs of its global customer base.
Catalysts and additives play a crucial role in the refining and petrochemical industries, enabling more efficient and cleaner production processes. They are essential for optimizing yields, reducing energy consumption, and minimizing environmental impact. Ketjen's expertise in these areas has made it a trusted partner for companies worldwide.
While the specific terms of the agreement were not disclosed in the initial announcement, the deal is expected to close upon satisfaction of customary closing conditions, including regulatory approvals. The acquisition is anticipated to provide Ketjen with the resources and strategic guidance necessary to pursue organic growth initiatives and potential acquisitions, further solidifying its leadership position in the market.
KPS Capital Partners is known for its expertise in transforming businesses and creating value through operational improvements and strategic investments. Their acquisition of a controlling stake in Ketjen demonstrates their confidence in the company's potential and the long-term growth prospects of the advanced catalysts and additives market. Industry experts believe that this transaction will bring more innovation to the sector and benefit the refining and petrochemical industries through higher efficiency and more sustainability. The future looks promising for Ketjen as it embarks on this exciting new journey under the guidance of KPS.
Category:
Technology