Solenis Completes Acquisition of Nuplex Pulp & Paper
Solenis, Wilmington, Del., USA, through its Australia subsidiary Solenis Australia Pty Ltd. has 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," said 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."
Nandu Dhekne, VP, Asia Pacific, Solenis, added that "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."
Solenis is a global manufacturer of specialty chemicals for the pulp, paper, oil and gas, chemical processing, mining, biorefining, power, and municipal markets. The company's product portfolio includes a broad array of process. The company operates 30 manufacturing facilities strategically located around the globe and employs a team of 3,500 professionals in 118 countries across five continents.
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