June 1, 2020
FOR IMMEDIATE RELEASE
WILMINGTON, Del. (USA) — Effective June 1, 2020, Solenis LLC closed on its previously announced acquisition of the paper business of ChemSystems, a division of AECI Ltd.
Headquartered in Johannesburg, South Africa, ChemSystems is a leading producer and supplier of specialized chemical solutions for water-intensive industries, including the pulp, paper and tissue manufacturing industries in Sub-Saharan Africa. The business will be integrated into Solenis as part of its direct-to-market strategy.
"The purchase of paper business of ChemSystems represents another milestone in Solenis' growth strategy as we continue to clean up our channel to market following the merger with BASF's Paper and Water business," said John Panichella, CEO, Solenis. "We will rapidly integrate the ChemSystems business and its talented teams into Solenis and look forward to strengthening our commitment and providing value to pulp and paper customers in Sub-Saharan Africa."
"We are excited to combine ChemSystems' talented commercial team with Solenis' world-class solutions service model to create enhanced value for our customers," said Andreas Türk, president, Eurasia, Solenis.
Solenis is a leading global producer of specialty chemicals focused on delivering sustainable solutions for water-intensive industries, including pulp and paper, institutional, industrial, food and beverage, and pool and spa water markets. The company’s product portfolio includes a broad array of water treatment chemistries, process aids, functional additives, cleaners, disinfectants, and state-of-the-art monitoring, control and delivery 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 70 manufacturing facilities strategically located around the globe and employs a team of over 16,500 professionals in 130 countries across six continents. Solenis is a 2024 Best Managed Company Gold Standard honoree.
For additional information about Solenis, please visit www.solenis.com or follow us on social media.
FOR FURTHER INFORMATION
Europe, Middle East and Africa
Senior Manager, Corporate Communications, Eurasia