✦ LIBER ✦

PQ/Rhodia: silicates buy to boost PQ sales

Publisher: Elsevier Science
Year: 2003
Weight: 39 KB
Volume: 2003
Category: Article
ISSN: 1351-4180
DOI: 10.1016/s1351-4180(03)00915-2

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✦ Synopsis

working on a filamentous fungus named Trichoderma to engineer a metabolic pathway that breaks down biomass into monosaccharides. The biomass-to-ethanol conversion process technology would be economically competitive if the enzymes' cost were within the $0.05-0.15/gal of ethanol range. A pilot plant will be on stream in the next two years and a commercial-scale production plant should be feasible between 2006 and 2010.

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Carlyle Group to buy PQ Corp

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## Carlyle Group to buy PQ Corp Carlyle Group is to buy PQ Corp from CCMP Capital for $1.5 bn. PQ is involved in speciality inorganic chemicals, catalysts, and engineered glass. PQ had trailing 12-months EBITDA of $151.2 M as of 1Q 2007 and sales of $909 M in 2006.