# Solvay acquires full control of Thailand Peroxide Co. in Saraburi

Solvay acquired all shares of Thailand Peroxide Co., Ltd. (TPL) in Saraburi, Thailand, to fully own the joint venture and expand specialty-grade hydrogen peroxide and peracetic acid business in Asia-Pacific. The acquisition was completed on December 15, 2023.

- Type: Acquisition
- Announced: 2023-12-20
- Where: Saraburi, Thailand, Thailand
- Status: completed
- Products: hydrogen peroxide, peracetic acid
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Solvay](https://endata.com/companies/1830.md) (acquirer)
- [Aditya Birla Group](https://endata.com/companies/27119.md) (partner)
- [Thailand Peroxide Co., Ltd.](https://endata.com/companies/74541.md) (target)

## Sources

- [51dmapa.com](https://www.51dmapa.com/evonik-expands-peroxide-production-network-in-asia-pacific/), 2023-12-20: "TPL's expertise is highly aligned with Solvay's goals and will help us create customized solutions for today's and future challenges."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.