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 with albemarle corporation ("albemarle") (nyse: alb) to acquire a controlling stake in ketjen corporation's refining catalyst solutions business (collectively, "ketjen" or the "company"). kps and albemarle, through affiliates, will own approximately 51% and 49% of ketjen at close, respectively, with kps having a majority of the board of directors and operational control of ketjen.
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