Albemarle announces sale of a controlling stake in ketjen to kps capital partners

Albemarle separately signs agreement to sell its 50% stake in eurecat joint venture to axens sa combined transactions strengthen albemarle's financial flexibility and drive greater portfolio focus albemarle expects to receive total pre-tax cash proceeds of approximately $660 million for the sale of a 51% stake in ketjen corporation's refining catalyst solutions business and the sale of its 50% stake in the eurecat jv upon close both transactions are expected to close in the first half of 2026 pending regulatory approvals charlotte, n.c. , oct. 27, 2025 /prnewswire/ -- albemarle corporation (nyse: alb), a global leader in providing essential elements for mobility, energy, connectivity and health today announced it has entered into a definitive agreement to sell a controlling stake in ketjen corporation's refining catalyst solutions business (collectively, "ketjen" or the "company") to kps capital partners, lp ("kps").
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