Solenis Growth Addresses Industry Trends, Paper360º January/February 2020
It’s been five years since global specialty chemical company Solenis spun off from Ashland. Since then, the company has followed an aggressive growth strategy that relied heavily on merger and acquisiTion activity, completing nine deals to add geographic reach, new technology platforms, and additional product line offerings.
In January, 2019, the company success-fully joined forces with BASF’s paper and water chemicals business. Today, Solenis continues to focus on growth by developing value-added chemicals, process solutions, and monitoring and control systems for water-intensive industries. The goal, according to Solenis President and CEO John Panichella, is to substantially change the landscape for customers in industries such as pulp and paper manufacturing, biorefining, chemical processing, mining, oil and gas, and power generation.
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