June 3, 2016
FOR IMMEDIATE RELEASE
WILMINGTON, Del. — Effective June 3, 2016, Solenis, through its Australia subsidiary Solenis Australia Pty Limited, completed the acquisition of the business assets of Nuplex Pulp & Paper from Nuplex Industries Australia Pty Limited, an exclusive distributor and technology licensee of Solenis pulp and paper products within Australia and New Zealand. This business will be integrated into Solenis as part of its strategy to broaden its process chemicals offering and expand its geographic presence.
"The purchase of the Nuplex Pulp & Paper business is another important step for our growth strategy in Asia Pacific, creating new opportunities for continued development in the region," stated John Panichella, president and CEO, Solenis. "Our global reach along with our significant applications expertise will allow Solenis to better serve our customers throughout Australia and New Zealand."
"The acquisition of the Nuplex Pulp & Paper business is a natural evolution and will enable Solenis to be a total solution provider for pulp, paper and other industrial markets in the Australia and New Zealand region," added Nandu Dhekne, vice president, Asia Pacific, Solenis.
Solenis is a leading global producer of specialty chemicals focused on delivering sustainable solutions for water-intensive industries, including the pulp, packaging paper and board, tissue and towel, oil and gas, petroleum refining, chemical processing, mining, biorefining, power, municipal, and pool and spa markets. Owned by Platinum Equity, the company’s product portfolio includes a broad array of water treatment chemistries, process aids and functional additives, as well as state-of-the-art monitoring and control systems. These technologies are used by customers to improve operational efficiencies, enhance product quality, protect plant assets, minimize environmental impact and maintain healthy water. Headquartered in Wilmington, Delaware, the company has 49 manufacturing facilities strategically located around the globe and employs a team of over 6,400 professionals in 120 countries across five continents. Solenis is a 2022 US Best Managed Company.
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Senior Director, Corporate Communications