Volume 92 Issue 7 | p. 16 | Concentrates
Issue Date: February 17, 2014

Carlyle To Launch PQ Holdings On Stock Market

Department: Business
Keywords: IPO, private equity, catalysts, glass

The private equity firm Carlyle Group has filed for an initial public offering of stock for PQ Holdings, an inorganic specialty chemical company. Carlyle purchased PQ in 2007 from another private equity firm, J. P. Morgan Partners, and combined it with Ineos Silicas the same year. Carlyle hopes to raise $450 million in the IPO, according to the filing with the Securities & Exchange Commission. In addition to specialty silicates, PQ makes . . .

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