Sibelco’s strategy prioritises global leadership in silica sand and regional leadership in clays, feldspathic minerals, olivine, and glass recycling. This transaction would provide further focus for Sibelco’s portfolio and would enable the abrasives activities to develop in a more suitable industrial environment.
The transaction, which would be expected to close later in 2022 and is subject to information and consultation of Sibelco’s employee representative bodies in accordance with applicable laws, would involve four Sibelco facilities and 43 employees.
About EP Power Minerals:
EP Power Minerals is the European competence leader in the management of power plant by-products and blasting abrasives, along with industrial waste. With several subsidiaries and a growing international network, the group is a supplier and service provider for industry and the construction sector, providing them with high-quality building materials, blasting abrasives and industrial minerals. The company is headquartered in Dinslaken, Germany and currently employs some 160 people. Since mid-2021, EP Power Minerals has been part of Energetický a průmyslový holding (EPH). EPH is a leading Central European energy group.
