Chemicals

Solenis grows stronger in the cellulose and paper sector

The American Solenis signed an agreement to acquire the shares of Nopco Holding, i.e. a Norwegian producer and supplier of chemical solutions for the paper and cellulose sector. The transaction is expected to be finaline in the fourth quarter of 2016, following the regulatory approvals foreseen by the German legislation. Nopco produces defoamers and deposit control agents for the European paper and pulp market, as well as for the re cycling sector. Nopco’s defoamers and deinking products are complementary to the ones produced by Solenis. In the words of Solenis’ president and CEO John Panichella, «this is a unique opportunity to combine Nopco’s advanced technologies with Solenis’ strong global presence».

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