Solenis Completes Aqusition of Connell's P&P Chemical Distribution Division


According to reports this past week, Solenis (Wilmington, Del., USA) announced late in the past month (Aug. 2018) that it has cleared its acquisition of the Connell Bros. Co. (Malaysia) P&P chemical distribution business division from Connell Bros. Company (CBC) with operations active in Thailand, Philippines, Malaysia and Vietnam.

All assets and business associated with the P&P business sector sold here represented by CBC in these countries are an approved party in the deal. CBC sales and technical personnel will be invited to transfer to Solenis, continuing the operation of the business.

"Southeast Asia is now a fast-growing pulp and papermaking territory and represents a significant growth opportunity for Solenis," said John Panichella, president and CEO of Solenis. "We have worked in close collaboration with the Connell Brothers Southeast Asia 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."

Solenis describes itself as one of the leading global producer of specialty chemicals for water intensive industries, including in the pulp and paper industry.

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