Solenis Completes Acquisition of BASF's Mining Flocculants Business
- 05-Nov-2024 1:15 PM
- Journalist: Thomas Jefferson
Solenis, a global leader in specialty chemicals, has announced the acquisition of BASF’s flocculants business for mining applications, strengthening its portfolio to better serve mining and mineral processing customers. This acquisition allows Solenis to expand its offerings, providing a more comprehensive range of products and services tailored to the mining industry's specific needs. By integrating BASF’s flocculants, Solenis aims to enhance operational efficiency and environmental performance across its solutions, reaffirming its commitment to sustainability and innovation.
The expanded portfolio includes BASF’s well-known product lines, such as Magnafloc®, Rheomax®, Alclar®, Alcotac®, Jetwet®, Aerowet®, and Alcotech®. These products support essential processes in mining, such as solid-liquid separation and material handling, and will complement Solenis’ existing offerings. John Panichella, CEO of Solenis, expressed enthusiasm about the acquisition, stating, "We are excited to welcome BASF’s flocculants business into the Solenis family. This acquisition aligns with our vision to lead in specialty chemicals for the mining industry. By uniting our expertise and resources, we can deliver even more value to our customers."
In addition to the product lines, the acquisition brings BASF’s established customer base, intellectual property, and a dedicated team of experts to Solenis. The company has committed to a smooth transition, ensuring that BASF’s customers experience the same high-quality service they are accustomed to. This acquisition positions Solenis to be a top provider in the mining sector, with an enhanced product range and a strengthened focus on quality and sustainability.
Solenis is a global leader in specialty chemicals, providing sustainable solutions for industries with high water usage, such as pulp and paper, industrial, food and beverage, and pool and spa water markets. Their diverse product portfolio includes water treatment chemicals, process aids, functional additives, cleaners, disinfectants, and advanced monitoring and control systems. These technologies help customers increase efficiency, enhance product quality, protect assets, reduce environmental impact, and create safer environments.
Headquartered in Wilmington, Delaware, Solenis operates 70 manufacturing facilities worldwide, employing over 16,500 professionals across 130 countries. With a strong commitment to innovation and sustainability, the company supports its clients in achieving operational and environmental goals. Recognized for its management excellence, Solenis was awarded the Gold Standard as a Best Managed Company in 2024, reinforcing its reputation as a trusted partner in water-intensive industries.
BASF manufactures a variety of performance chemicals, coatings, and functional polymers. Their product range includes raw materials for detergents, textile and leather chemicals, pigments, and essential components for adhesives and paper chemicals.