Molecular Sieves Market Squeezed; PQ Enters as Asia Crimps Demand

Chemical Market Reporter, August, 1998 by SCHERAGA, DAN

NINE MONTHS AFTER the entry of PQ Corporation into the molecular sieves market, rivals are seeing the pricing pressure they predicted the new competitor would bring. However, that is not preventing those companies from forging ahead with investments.

North American market leader UOP LLC is the latest company to do so, having recently agreed to purchase Bayer AG's inorganic chemicals group's zeolites business, including the unit's 5,000 -metric-tons-per-year molecular sieves adsorbents plant in Leverkusen (CMR, 8/17/98, pg. 3). The move closely follows the startup of a new ...