Solenis, formerly
Ashland Water Technologies, is an American manufacturer of specialty chemicals for the
pulp
Pulp may refer to:
* Pulp (fruit), the inner flesh of fruit
Engineering
* Dissolving pulp, highly purified cellulose used in fibre and film manufacture
* Pulp (paper), the fibrous material used to make paper
* Molded pulp, a packaging material
...
,
paper
Paper is a thin sheet material produced by mechanically or chemically processing cellulose fibres derived from wood, rags, grasses or other vegetable sources in water, draining the water through fine mesh leaving the fibre evenly distrib ...
,
oil and gas
A fossil fuel is a hydrocarbon-containing material formed naturally in the Earth's crust from the remains of dead plants and animals that is extracted and combustion, burned as a fuel. The main fossil fuels are coal, petroleum, oil, and natura ...
, chemical processing,
mining
Mining is the extraction of valuable minerals or other geological materials from the Earth, usually from an ore body, lode, vein, seam, reef, or placer deposit. The exploitation of these deposits for raw material is based on the economic ...
,
biorefining Biorefining is the process of "building" multiple products from biomass as a feedstock or raw material much like a petroleum refinery that is currently in use. A biorefinery is a facility like a petroleum refinery that comprises the various process ...
,
power
Power most often refers to:
* Power (physics), meaning "rate of doing work"
** Engine power, the power put out by an engine
** Electric power
* Power (social and political), the ability to influence people or events
** Abusive power
Power may a ...
and municipal markets. Headquartered in
Wilmington, Delaware
Wilmington (Lenape: ''Paxahakink /'' ''Pakehakink)'' is the largest city in the U.S. state of Delaware. The city was built on the site of Fort Christina, the first Swedish settlement in North America. It lies at the confluence of the Christina ...
, in the United States, the company operates 47 manufacturing facilities located around the globe. Its product portfolio includes a variety of process, functional and water treatment chemistries, as well as monitoring and control systems.
History
*November 2021 :
BASF
BASF SE () is a German multinational chemical company and the largest chemical producer in the world. Its headquarters is located in Ludwigshafen, Germany.
The BASF Group comprises subsidiaries and joint ventures in more than 80 countries ...
and
Clayton, Dubilier & Rice
Clayton, Dubilier & Rice is an American private equity company. It is one of the oldest private equity investment firms in the world. Founded in 1978, CD&R has managed the investment of more than $30 billion in approximately 90 businesses, repre ...
sold Solenis for $5.25 billion to Platinum Equity.
*2021 :
Platinum Equity
Platinum Equity, LLC is an American private equity investment firm founded by Tom Gores in 1995. The firm focuses on leveraged buyout investments of established companies in the U.S., Europe and Asia.
History
Platinum Equity was founded in 199 ...
announced its intent to acquire Solenis for $5.25 billion.
*2019 : Solenis merged with BASF's Paper and Water Chemicals business with the merged entity to operate under the Solenis brand.
* 2014–Present: Ashland Water Technologies was bought by private investment firm
Clayton, Dubilier & Rice
Clayton, Dubilier & Rice is an American private equity company. It is one of the oldest private equity investment firms in the world. Founded in 1978, CD&R has managed the investment of more than $30 billion in approximately 90 businesses, repre ...
(CD&R) from
Ashland Inc.
Ashland Global Specialty Chemicals Inc. is an American chemical company which operates in more than 100 countries. Headquartered in Wilmington, Delaware, the company traces its roots back to the city of Ashland, Kentucky, where it was headquarter ...
on July 31, 2014, and rebranded as Solenis.
* 2008-2014: Ashland purchased
Hercules Inc.
Hercules, Inc. was a chemical and munitions manufacturing company based in Wilmington, Delaware, United States, incorporated in 1912 as the Hercules Powder Company following the breakup of the DuPont explosives monopoly by the U.S. Circuit ...
in 2008 for $2.6 billion to double earnings and gain chemicals used in papermaking, water treatment and construction.
* 1998-2008: Hercules Inc. bought BetzDearborn in 1998 for $2.4 billion in an effort to grow the company in the specialty-chemicals market.
["Hercules to Buy BetzDearborn In $2.4 Billion Chemical Deal"](_blank)
''New York Times'', July 1998
* 1996-1998: BetzDearborn, Inc. was formed and later sold to Hercules Inc.
* 1957-1996: Betz Laboratories, Inc., was formed, with services developing in the paper and pulp-processing industries. In 1996 Betz Laboratories acquired Dearborn, and BetzDearborn, Inc., was formed.
* 1925-1957: In
Philadelphia
Philadelphia, often called Philly, is the List of municipalities in Pennsylvania#Municipalities, largest city in the Commonwealth (U.S. state), Commonwealth of Pennsylvania, the List of United States cities by population, sixth-largest city i ...
, William H. and L. Drew Betz formed a partnership to sell their product, K-Gel. It was used to treat and purify water in industrial boilers. Its basic ingredient was sodium alginate, extracted from kelp. William and Drew's partnership dissolved in 1957 which allowed for the formation of Betz Laboratories.
* 1887-1996:
Chicago
(''City in a Garden''); I Will
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, subdivision_type = Country
, subdivision_name ...
chemists, William H. Edgar and Frank E. Mariner, formed a partnership that prepared chemical compounds for removing and preventing scales in boilers. The following year, Edgar founded Dearborn Drug and Chemical Works, which was later sold to Betz Laboratories, Inc. in 1996.
* 1882-1998: Hercules Inc. was established by gunpowder manufacturers
DuPont and
Laflin & Rand Powder Company
Laflin & Rand Powder Company was a gunpowder and early smokeless powder manufacturer notable for producing the smokeless powder used by United States Army infantry rifles from 1896 to 1908, which included the period of development of the M1903 Sp ...
.
Hercules diversified into chemicals and abandoned the explosives business in the 1950s and 1960s.
The company later expanded into water process chemicals with the purchase of BetzDearborn in 1998.
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
Volatile organic compounds (VOCs) are organic compounds that have a high vapour pressure at room temperature. High vapor pressure correlates with a low boiling point, which relates to the number of the sample's molecules in the surrounding air, a t ...
(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
The Environmental Protection Agency (EPA) is an Independent agencies of the United States government, independent executive agency of the United States federal government tasked with environmental protection matters. President Richard Nixon pro ...
's Presidential Green Chemistry Challenge Award along with Columbia Forest Products and Kaichang Li, Ph.D., of Oregon State University.
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.
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.
Business
*Solenis is a specialized company which works in the oil and gas, paper-making, mining, chemical processing, and power marketing sectors.
*Currently, the company has 6,300 employees from 118 countries.
*Solenis has research centers located in Wilmington, Delaware, as well as in Krefeld, Germany.
*The company also has Customer Application laboratories located in Wilmington, Delaware; Barendrecht, the Netherlands; Krefeld, Germany; Shanghai, China; and Leme, Brazil.
*Solenis is not only a chemical supplier; they also help customers face challenges such as environmental impacts and assets. For example, to reduce the amount of chemical and water consumption, they provide a variety of products and options. For over 80 years Solenis has a profolio which includes a multitude of cost-effective products that improve pulping efficiency and pulp quality, including cooking aids, washing aids, pitch and scale control agents, brown stock defoamers and specialty programs. Taken together, these solutions enable pulp mills to enhance pulp performance, reduce organic and inorganic carryover and control a number of common problems that negatively affect productivity, pulp quality and chemical and energy use.
*Markets in which Solenis targets include: biorefining, chemical processing, industrial water, mining and mineral processing, municipal, oil and gas, packing paper and board, power generation, printing and writing paper, pulp, tissue and towel and specialties and wood adhesives.
References
External links
* {{Official website, http://www.solenis.com, Solenis official website
Manufacturing companies based in Delaware
2014 establishments in Delaware
Chemical companies of the United States
Companies based in Wilmington, Delaware
American companies established in 2014
Chemical companies established in 2014
Corporate spin-offs
2021 mergers and acquisitions
Specialty chemical companies
Private equity portfolio companies