Effective Monday of this week (Sept. 5, 2016) Solenis, Wilmington, Del., USA, signed an agreement to acquire the shares in Nopco Holding AS and related subsidiaries (Nopco), Germany, a producer and supplier of advanced chemical solutions for the pulp and paper industry. The transaction is expected to close in the fourth quarter of 2016, following receipt of customary regulatory approvals in Germany.

Nopco produces defoamers, collecting agents, deposit control agents, and insolubilizers for the European pulp and paper, industrial, and recycling markets. Nopco’s antifoam and deinking products are complimentary to Solenis’ existing global portfolio of pulp and paper specialty chemical solutions. 

"This is a unique opportunity to combine Nopco’s cutting edge technologies with Solenis’ strong global channel to market," said John Panichella, president and CEO, Solenis. 

"This is another excellent example of Solenis’ commitment to invest in the pulp and paper industry," added Charles Robinson, SVP, pulp and paper, Solenis. 

Solenis is a global producer 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, functional, and water treatment chemistries, 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, and minimize environmental impact. The company has 30 manufacturing facilities strategically located around the globe and employs a team of approximately 3,500 professionals in 118 countries across five continents.