Solenis

Last updated
Solenis
Company type Private
Industry Manufacturing and chemical distribution
Predecessor
Founded2014 (2014)
Headquarters Wilmington, Delaware, U.S.
Key people
John E. Panichella, Chief Executive Officer and President
Products Specialty chemicals, and services
RevenueUS$4 billion[ citation needed ]
Owner Platinum Equity
Number of employees
6000 (January 2021) [1]
Website solenis.com

Solenis, formerly Ashland Water Technologies, is an American manufacturer of specialty chemicals for the pulp, paper, oil and gas, chemical processing, mining, biorefining, power and municipal markets. Headquartered in Wilmington, Delaware, in the United States, the company operates 71 manufacturing facilities located around the globe in 130 countries and more than 15,000 employees. Its product portfolio includes a variety of process, functional and water treatment chemistries, as well as monitoring and control systems. [2]

Contents

History

Awards

Soyad Adhesives Presidential Green Chemistry Challenge Award

Soy-based adhesives are often used in the manufacturing of wood products such as plywood and medium density fiberboard, especially when environmental concerns for petrochemical-based resins are considered. As a result, Solenis developed a completely formulated soy adhesive for use in wood composites, which offers furniture manufacturers and consumers a safer alternative. Solenis' line of Soyad adhesives contains no formaldehyde and low volatile organic compounds (VOCs). Typical interior wood products include urea formaldehyde (UF) in their adhesives. Over time, UF releases free formaldehyde into the air in a carcinogenic gaseous form, which can be inhaled by humans. Following legislation enacted to reduce formaldehyde emissions, the California Air Resources Board (CARB) adopted the United States' strictest emissions standards. Soyad adhesives meet both CARB Phase 2 standards and Leadership in Energy and Environmental Design (LEED) criteria. As a result of this product development, Solenis (operating as Ashland Water Technologies at the time) was jointly awarded the U.S. Environmental Protection Agency's Presidential Green Chemistry Challenge Award along with Columbia Forest Products and Kaichang Li, Ph.D., of Oregon State University. [13]

Biobond. 2013 Breakthrough Technology of the Year

The Biobond. Improving the Sustainability of Paper Program is a program that improves sustainability and productivity for manufacturers of recycled paperboard. Biobond earned Solenis (operating as Ashland Water Technologies at the time) the 2013 Breakthrough Technology of the Year award from Pulp & Paper International. The announcement was made during RISI's Global Outlook Conference held in December 2013 in Dubai. [14]

ABTCP Best Chemical Supplier of the Year

On October 9, 2013, Solenis (operating as Ashland Water Technologies at the time) was honored as Best Chemical Supplier of the Year for the Pulp and Paper segment by the Brazilian Pulp & Paper Association (ABTCP). This was the second consecutive year that Solenis received the award. [15]

Business

References

  1. "Ashland Water Technologies rebrands as Solenis". Tissue World. 12 August 2014.
  2. "Ashland Water Technologies Is Now Solenis | New Name". www.solenis.com. 2021-02-22. Retrieved 2022-06-07.
  3. "Diversey to be Acquired by Solenis for 4.6 Billion". Specialty Chemical Problem Solvers Solenis. 8 March 2023. Retrieved 17 March 2023.
  4. "BASF und Clayton, Dubilier & Rice schließen Veräußerung von Solenis an Platinum Equity ab". BASF (in German). November 9, 2021.
  5. "Billionaire Tom Gores' Platinum Equity to buy specialty chemicals maker Solenis in $5.25 billion deal". CNBC. July 6, 2021.
  6. "Solenis - BASF Merger Completion", Solenis, February 1, 2019
  7. "Solenis is the new name for Ashland Water Technologies", Market Watch, August 1, 2014
  8. "Ashland to buy Hercules for $2.6 billion", New York Times, July 2008
  9. 1 2 "Hercules to Buy BetzDearborn In $2.4 Billion Chemical Deal", New York Times, July 1998
  10. Records of Hercules Incorporated, 1913-1997. Click on 'Hercules Incorporated Finding Aid (rev. 2014)' for finding aid to archive.{{cite book}}: |website= ignored (help)
  11. 1 2 3 4 The BetzDearborn Archive, 1906-1996 (bulk 1965-1995). 1892. Click on 'BetzDearborn Inc. Archive Finding Aid' for finding aid to archive.{{cite book}}: |website= ignored (help)
  12. 1 2 "1902 Laflin & Rand Powder Company". DuPont. Archived from the original on 13 April 2012. Retrieved 24 November 2014.
  13. "Soy-Based Adhesives Provide Formaldehyde-Free Alternative for Interior Wood Products" United Soybean Board, January 2012
  14. "Ashland wins 2013 Breakthrough Technology award from Pulp & Paper International (PPI)".
  15. "Ashland named Best Chemical Supplier of the Year by Brazilian Pulp and Paper Association (ABTCP) for the second time" Tissue World
  16. 1 2 3 4 "Pulp". Solenis. Retrieved 17 October 2015.
  17. "Industries". Solenis. Retrieved 17 October 2015.
  18. "Solenis is the new name for Ashland Water Technologies". MarketWatch. Retrieved 17 October 2015.