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Solenis Completes Acquisition of Clearwater Specialties LLC

February 9, 2015

FOR IMMEDIATE RELEASE

WILMINGTON, Del. — Solenis LLC today announced that it has completed the previously announced acquisition of Clearwater Specialties LLC, a privately-held specialty chemical company dedicated to the tissue and towel market. The deal includes all assets, intellectual property and business associated with Clearwater Specialties LLC and Clearwater Chemicals LLC.

"The technical synergies that exist between the Clearwater Specialties products and Solenis' products will enable us to provide our tissue and towel customers with new levels of performance", said John Panichella, president and CEO, Solenis. "Our global reach along with our significant applications expertise will make these capabilities available to a broader customer base."

"Working together with Solenis, I am eager to ensure a smooth transition for our customers. I will continue to bring my personal expertise to the table as a consultant for both our customers and Solenis", stated Stephen H. Tucker, Managing Member of
Clearwater Specialties LLC.

<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 16,100 professionals in 130 countries across six continents. Solenis is a 2024 Best Managed Company Gold Standard honoree, recognized four 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>

FOR FURTHER INFORMATION

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Catherine (Katy) Abernathy

Vice President, Corporate Communications