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ClosedPublished 6 Mar 2026

ChemCat AcquisitionCo, LLC /
Ketjen Corporation

Albemarle completes sale of Ketjen stake to KPS-backed buyer

Buy side: ChemCat AcquisitionCo, LLC
Buy sideChemCat AcquisitionCo, LLC
Target: Ketjen Corporation
TargetKetjen Corporation
Albemarle Corp · 6 Mar 2026Source
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Buy side: ChemCat AcquisitionCo, LLC
Buy sideChemCat AcquisitionCo, LLC
Target: Ketjen Corporation
TargetKetjen Corporation
01 / BuyerChemCat AcquisitionCo, LLC
02 / TargetKetjen Corporation
Source for the buyer and target: Albemarle Corp

For the buyer and target.

“On March 2, 2026, Albemarle Corporation, a Virginia corporation (the “Company” or “Albemarle”), completed the previously announced sale of its 51% ownership interests (the “Sale”) in Ketjen Corporation, a Delaware corporation (“Ketjen”), to ChemCat AcquisitionCo, LLC, a Delaware limited liability company organized by and affiliated with KPS Capital Partners LP, a New York based private equity firm.”

Published 6 Mar 2026

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01

What happened

Albemarle has completed the sale of its 51% ownership interests in Ketjen Corporation to ChemCat AcquisitionCo, LLC, an affiliate of KPS Capital Partners. Albemarle expects roughly $547 million in cash from the sale and keeps a 49% minority stake in Ketjen. [01]

Albemarle says it retains full ownership of Ketjen's Performance Catalyst Solutions business, and it plans to use the combined proceeds from this sale and the Eurecat stake sale for debt reduction and general corporate purposes. [01]

02

The source

Everything on this page comes from the source below, quoted word for word.

01
Source · Albemarle Corp

Albemarle completes sale of Ketjen stake to KPS-backed buyer

This document is the source for the companies, stage, figure and people on this page.

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03

Timeline

Every date the source states, in order, each with the words it comes from. Anything marked ahead is a target the source gives, not something that has happened.

  1. Published by Albemarle Corp

    The source this page is built from.

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