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Solenis Completes the Acquisition of Nuplex Pulp & Paper

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.

<div class="line">&nbsp;</div> <h2>About Solenis</h2> <p>Solenis is a leading global producer of specialty chemicals focused on delivering sustainable solutions for water-intensive industries, including consumer, industrial, institutional, food and beverage, and pool and spa water markets. Owned by Platinum Equity, the company&rsquo;s product portfolio includes a broad array of water treatment chemistries, process aids, functional additives, and cleaners and disinfectants, 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 create cleaner and safer environments. Headquartered in Wilmington, Delaware, the company has 69 manufacturing facilities strategically located around the globe and employs a team of over 15,400 professionals in 130 countries across six continents. Solenis is a 2023 US Best Managed Company, recognized three years in a row.</p> <p>For additional information about Solenis, please visit <a href="/en/">www.solenis.com</a> or follow us on social media.</p>

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Catherine (Katy) Abernathy

Vice President, Corporate Communications