Solenis Completes the Acquisition of the Paper Business of Chemsystems

Effective June 1, 2020, Solenis LLC closed on its previously announced acquisition of the paper business of ChemSystems, a division of AECI Ltd.

Headquartered in Johannesburg, South Africa, ChemSystems is a leading producer and supplier of specialized chemical solutions for water-intensive industries, including the pulp, paper and tissue manufacturing industries in Sub-Saharan Africa. The business will be integrated into Solenis as part of its direct-to-market strategy.

“The purchase of paper business of ChemSystems represents another milestone in Solenis’ growth strategy as we continue to clean up our channel to market following the merger with BASF’s Paper and Water business,” said John Panichella, CEO, Solenis. “We will rapidly integrate the ChemSystems business and its talented teams into Solenis and look forward to strengthening our commitment and providing value to pulp and paper customers in Sub-Saharan Africa.”

“We are excited to combine ChemSystems’ talented commercial team with Solenis’ world-class solutions service model to create enhanced value for our customers,” said Andreas Türk, president, Eurasia, Solenis.
https://solenis.com/en/news-events/news/Solenis-ChemSystems-Paper-Acquisition/

Related Posts

American Forest & Paper Association Releases June 2017 Printing-Writing Paper Report

According to the June 2017 Printing-Writing Monthly report from the American Forest & Paper Association, total printing-writing paper shipments decreased five percent in June compared to June 2016. All four printing-writing grades posted year-over-year shipment declines in June. Total printing-writing paper inventory levels increased one percent from May 2017. Shipments of coated free sheet (CFS) papers decreased 3% year-over-year in June following the increase last month. U.S. imports of CFS papers increased 25% year-over-year in May and exports of CFS papers increased 12% year-over-year in May.

Ahlstrom-Munksjö’s Cristal™ Transparent Packaging papers receive How2Recycle® Label

Ahlstrom-Munksjö’s Cristal™ transparent packaging papers have recently achieved BPI® compostability certification and Cristal™ heat sealable papers have additionally received a How2Recycle® label. How2Recycle® communicates the recyclability of a package – a standardized program built to comply with legal guidance, such as the US Federal Trade Commission’s Green Guides – and reduces confusion by creating a clear, straightforward label that enables brands to convey to consumers how to dispose of a package. The system provides reliability, completeness, and transparency for recyclability claims. “We are proud that our Cristal™ products, both transparent papers and transparent heat seal packaging products, recently passed Western Michigan University’s testing protocol for recyclability,” said Zack Leimkuehler, Vice President of Ahlstrom-Munksjö’s Technical Solutions business. “Achieving BPI® compostability certification, in addition to adding the How2Recycle® label, offers our customers and the marketplace yet another fiber-based solution to reduce traditional non-renewable substrates in packaging engineering.”

Norpac praises Commerce move to slap duties on Canadian papermakers

In a victory for Norpac — and potential blow to local newspapers — the U.S. Department of Commerce announced Tuesday that it will start imposing preliminary antidumping and countervailing duties on Canadian paper producers. The move comes in response to a petition filed in August in which the Longview papermaker alleged that Canadian paper manufacturers hold an unfair advantage over domestic producers. Norpac claimed that Canadian paper companies benefit from 65 different subsidies that add up to hundreds of millions of dollars. The federal and provincial subsidies include government grants, tax breaks, subsidized loans, raw materials at below-market costs and cheap subsidized electricity, according to Norpac. A Commerce investigation found that Canadian uncoated groundwood paper — the same product used to print newspapers — was subsidized by an average of 6.53 percent, Norpac said Tuesday. Click Read More below for additional information.
Back To Top
×Close search
Search