At Sterling Specialty Chemicals, we understand that strength comes from innovation, expertise, and the ability to adapt in an evolving industry. Today, we are proud to share that Praana Group, our parent company, has acquired Owens Corning’s Glass Reinforcements business in a $755 million transaction—a move that solidifies Praana Group’s leadership in advanced materials and composites.
This acquisition is more than just a strategic expansion; it demonstrates the financial strength, long-term vision, and global credibility of Praana Group, which Sterling Specialty Chemicals is proud to be a part of. With a presence in specialty chemicals, glass fiber, and composite materials, Praana continues to drive forward-thinking solutions for industrial markets, reinforcing the strong foundation that allows Sterling to thrive.
As a key player in the oil and gas, water treatment, and industrial chemicals sectors, Sterling benefits from this collective strength. Our customers can continue to rely on us for cutting-edge chemistry, technical expertise, and unwavering stability, knowing that we are backed by an organization committed to growth and sustainability.
With this acquisition, we are not only expanding our global footprint but also reinforcing our commitment to delivering chemistry that works.
