Supplier news: BASF and Solenis complete merger of paper/water chemicals businesses

OAKLAND, CA, Feb. 8, 2019 (PPI Pulp & Paper Week) -BASFandSoleniscompleted their previously announced merger of BASF's wet-end Paper and Water Chemicals business with Solenis. With pro forma sales of about $3 billion, the combined company will operate under the Solenis brand. BASF will own 49% of the combined company, and 51% is collectively owned by Solenis management and funds managed by Clayton, Dubilier & Rice. The merger includes the Paper and Water assets of BASF's Performance Chemicals unit, including production sites in Bradford and Grimsby, UK; Suffolk, VA; Altamira, Mexico; Ankleshwar, India; and Kwinana, Australia. BASF's paper coating chemical ...

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