Solenis and BASF combine paper and water chemicals businesses

Solenis and BASF signed an agreement to combine BASF's paper and water chemicals business with Solenis to create a global specialty chemical company operating under the Solenis brand. The transaction is expected to close around the end of 2018.

“It will be positioned to provide expanded offerings and cost-effective solutions for customers in two specialty chemical businesses, paper technologies and industrial water technologies.”wcponline.com

• 2 sources
• wcponline.comEurope: BASF agreement announced – WC&P OnlineJun 15, 2018
• everchem.comQ2 Chemical Industry M & A Summary - Everchem Specialty ChemicalsJul 10, 2018

Summarized from public sources; check the original articles before acting on it.