Solenis recently completed the acquisition of Connell Bros. Company (CBC) India chemicals business, a speciality chemicals provider for the pulp and paper market in the country.
"India is now the fastest growing pulp and papermaking country in the world with 10.5 million tonnes of paper and board production and represents a significant growth opportunity for Solenis,” said, John Panichella, President and CEO, Solenis.
The deal includes the sales and technical personnel as well as an AKD emulsion manufacturing facility with associated operating personnel.
Nandkumar Dhekne, Vice President for Asia Pacific, Solenis, said, “This is another example of Solenis’ commitment to continuous investment in the pulp and paper industry and we are delighted to continue to build strong business relationships with our customers in India.”
