Kemira has acquired certain assets of Soto Industries, a chemical manufacturer based in the US.
The transaction does not have material impact on Kemira's financial figures and the parties have agreed not to disclose the transaction price.
"The Soto Industries acquisition is another example of Kemira's dedication to the pulp and paper industry as well as Kemira's commitment to execute our global growth strategy via continued investment into our Paper segment," said, Billy Ford, Senior Vice President, Paper segment, Americas.
Soto Industries provides specialty chemicals and services to the pulp and paper industry. The company has been working with customers including Weyerhaeuser, International Paper and Domtar.
