NEWS

(08/04/2014 / sha)

Ashland Water Technologies is now Solenis

The name change coincides with the acquisition of Ashland Water Technologies by a fund managed by private investment firm Clayton, Dubilier & Rice (CD&R). Prior to the acquisition, Ashland Water Technologies was a commercial business unit of Ashland Inc.

The sale closed July 31, 2014 and included the Industrial Water and the Pulp and Paper business units. Rooted in “solutions” and “genesis,” the name underscores the company’s mission to be at the source – the genesis – of solutions for its customers. Although the name and brand is new, Solenis is grounded in a strong heritage that includes Ashland Water Technologies as well as Betz Laboratories, Drew, Stockhausen and Hercules. The stand-alone company continues a 94-year reputation as a respected manufacturer of specialty chemicals for the pulp & paper and other industries.

According to John Panichella, president and CEO of Solenis, the company does not anticipate any changes to products, quality or services as a result of the transaction. “In fact,” he emphasized, “although the company is adopting a new name as part of this process, we will continue to rely on our proven leadership, industry expertise and market-focused research and development.”