Ketjen Corporation (Ketjen) today announced that KPS Capital Partners, LP (KPS) has successfully completed its acquisition of Ketjen’s refining catalyst business from Albemarle Corporation, as previously announced on October 27, 2025.
This significant milestone ushers in a new era for Ketjen, enabling the company to deliver even greater value, innovation, and dependability to its customers.
“We are thrilled to begin this next phase of Ketjen’s evolution as a leading catalyst developer and provider,” said Michael J. Simmons, CEO of Ketjen. “Our commitment is to support our customers in an evolving energy sector. With KPS’s backing, we will speed up the development of cutting-edge catalyst and additive technologies and harness advanced data, technology and business processes to offer superior products, improved efficiency, and additional value for our clients.”
What This Means for Our Customers
- Stronger Innovation Capabilities: With KPS’s support, Ketjen will advance innovation in catalyst and additive technology, ensuring our customers receive the latest solutions to boost efficiency and performance. We will integrate new technologies, such as AI and advanced analytics, into our suite of products and services to help customers maximize the value of their operations.
- Unparalleled Service: Our dedication to providing first-rate technical support and expert advice continues. Clients can expect the same reliable partnership, now backed with extra resources to address their changing needs.
- Global Reach, Local Support: Ketjen operates manufacturing sites in Houston, Rio de Janeiro, Amsterdam, and Minato, Japan, along with research centers and technical support teams across the Americas, Europe, and Asia. This global network allows us to deliver personalized solutions wherever and whenever our customers require our expertise.
Discover how Ketjen is unlocking the power of advanced chemistry to enhance refinery performance and reliability by visiting www.ketjen.com.
About Ketjen
Ketjen provides advanced catalyst solutions to leading producers in the petrochemical and refining industries. From fluidized catalytic cracking to clean fuels solutions and hydro-processing, Ketjen delivers safe and reliable solutions that maximize production performance and business value. Ketjen is headquartered in Houston, Texas and serves global customers in 25 markets. For more information, visit www.ketjen.com.
About KPS Capital Partners
KPS, through its affiliated management entities, is the manager of the KPS Special Situations Funds, a family of investment funds with approximately $19.5 billion of assets under management (as of September 30, 2025). For over three decades, the Partners of KPS have worked exclusively to realize significant capital appreciation by making controlling equity investments in manufacturing and industrial companies across a diverse array of industries, including basic materials, branded consumer, healthcare and luxury products, automotive parts, capital equipment and general manufacturing. KPS creates value for its investors by working constructively with talented management teams to make businesses better, and generates investment returns by structurally improving the strategic position, competitiveness and profitability of its portfolio companies, rather than primarily relying on financial leverage. The KPS Funds’ portfolio companies currently generate aggregate annual revenues of approximately $21.2 billion, operate 202 manufacturing facilities in 21 countries, and have approximately 55,000 employees, directly and through joint ventures worldwide (as of September 30, 2025). The KPS investment strategy and portfolio companies are described in detail at www.kpsfund.com.
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Media Contact: MediaRelations@ketjen.com
