Company Overview of PQ Corporation
PQ Corporation manufactures and sells specialty inorganic performance chemicals and catalysts. The company provides lithium, potassium, and spray-dried silicates; magnesium sulfate, silicas, sodium metasilicates, sodium silicate liquids and solids, zeolites, and potassium silicate liquids; advanced silica gel products for catalyst and anti-blocking applications; and zeolite products for catalyst and adsorbent applications. It serves various markets, such as adhesives, agriculture and animal feed, asphalt pavement, binders, brewing, building materials and construction, cement concrete and refractories, detergents, drilling fluids, electronic industry, foundry binders, geotechnical and groutin...
300 Lindenwood Drive
Valleybrooke Corporate Center
Malvern, PA 19355-1740
Founded in 1831
Key Executives for PQ Corporation
Chief Executive Officer and President
Vice President and President of Potters Division
Vice President and President of Performance Chemicals - Europe, South Africa & Asia
Compensation as of Fiscal Year 2016.
PQ Corporation Key Developments
PQ Corp. Amends its Existing Credit Facilities; Paul J. Ferrall to Serve as President of Eco Services Business Unit
May 6 16
PQ Corp. and Eco Services Operations reported the closing of a previously announced merger. Concurrently with the closing of the merger between PQ and Eco Services, PQ has also refinanced its existing credit facilities by entering into a USD 1.2 billion senior secured term loan (consisting of a USD 900 million senior secured term loan and a USD 300 million Euro equivalent senior secured term loan), USD 625 million in new senior secured notes, USD 525 million in senior unsecured notes, and a USD 200 million asset-based secured revolving credit facility. The existing USD 200 million of Eco Services notes will remain outstanding.
Michael R. Boyce will continue to serve as Chairman of the Board of PQ while Paul J. Ferrall will serve as President of the Eco Services business unit.
The Pennsylvania Department of Environmental Protection Assess a Civil Penalty Against PQ Corporation
Nov 17 15
The Pennsylvania Department of Environmental Protection (DEP) has assessed a civil penalty against PQ Corporation (PQ) in the amount of $1.7 million for air quality violations in the City of Chester, Delaware County. Quarterly emissions reports submitted to the Department by PQ showed that the company exceeded several permitted emission limits for pollutants like carbon monoxide and nitrogen oxides, and failed to satisfy the data availability requirements for their systems. The assessment covers the period between August 2011 and June 2013.
PQ Corporation Announces Executive Changes
Jul 6 15
PQ Corporation has announced the appointment of Michael C. Crews as Chief Financial Officer (CFO), effective August 1, 2015. Crews will replace the retiring Alan McIlroy, a 10-year PQ veteran. During the last seven years, Crews served as Executive Vice President and Chief Financial Officer of Peabody Energy Corp. To ensure a smooth transition, McIlroy has accepted, as of August 1, 2015, the role of Senior Consultant and will assist Crews over an interim period.
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