"India is now the fastest growing pulp and papermaking country in the world with 10.5
million tons of paper and board production and represents a significant growth
opportunity for Solenis,” stated John Panichella, president and CEO. " We have worked
in close collaboration with the CBC India team for a number of years so this is a logical
next step in our desire to provide total solutions to our customers in this market.” “This is
another example of Solenis’ commitment to continuous investment in the pulp and paper
industry and we are delighted to continue to build strong business relationships with our
customers in India,” said Nandkumar Dhekne, vice president, Asia Pacific.
Solenis is a leading global producer of specialty chemicals for the pulp, paper, oil and
gas, chemical processing, mining, biorefining, power and municipal markets. The
company’s product portfolio includes a broad array of process, functional and water
treatment chemistries as well as state-of-the-art monitoring and control systems. These
technologies are used by customers to improve operational efficiencies, enhance
product quality, protect plant assets and minimize environmental impact. Headquartered
in Wilmington, Delaware, the company has 30 manufacturing facilities strategically
located around the globe and employs a team of approximately 3,500 professionals in
118 countries across five continents.

All assets and business associated with Connell Bros. Company (India) Private Limited are a part of the deal including the sales and technical personnel as well as an AKD emulsion manufacturing facility with associated operating personnel.