BASF and Solenis to close merger after receiving approval

Chemicals Technology | February 01, 2019

BASF and Solenis have closed a merger of BASF’s Paper and Water Chemicals business with Solenis after receiving approval from all relevant authorities. With pro forma sales of around $3bn, the merged entity will operate under the Solenis brand. The merger was originally announced in May 2018. The combined company will provide expanded chemical offerings for customers in the pulp, paper, oil and gas, chemical processing, mining, biorefining and power industries. BASF will have a 49% stake in the merged entity, while 51% will be owned by Solenis. Funds will be managed by private investment firm Clayton, Dubilier & Rice (CD&R).

Spotlight

The United Nations’ Globally Harmonized System of Classification and Labeling of Chemicals (GHS) is widely acknowledged to be one of the most significant regulatory changes to affect worldwide workplace health and safety practices in many years. The GHS promotes a universal approach to classifying and communicating information about chemical hazards, regardless of where chemicals are produced or how the nature of a hazard is determined.

Spotlight

The United Nations’ Globally Harmonized System of Classification and Labeling of Chemicals (GHS) is widely acknowledged to be one of the most significant regulatory changes to affect worldwide workplace health and safety practices in many years. The GHS promotes a universal approach to classifying and communicating information about chemical hazards, regardless of where chemicals are produced or how the nature of a hazard is determined.

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CHEMICAL TECHNOLOGY

GenCell Achieves a Significant Scientific Breakthrough in Its Innovative Green Ammonia Synthesis Development Project

GenCell Energy | February 28, 2022

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CHEMICAL TECHNOLOGY

E Ink Announces Pledge to Reach Net Zero Carbon Emissions By 2040

E Ink | December 28, 2021

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CHEMICAL TECHNOLOGY

908 Devices Introduces a New Aerosol Module for the MX908 Handheld

Aerosol, Handheld | May 12, 2021

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