Industry News

Solenis LLC Decided to Acquire Lostris International and Wester Blend

Netherlands: Solenis, a U.S.-based manufacturer and distributor of specialty chemicals has agreed to acquire shares in Lostris International B.V. and Wester Blend B.V., Netherland based specialty chemical manufacturers. The acquired companies specialize in manufacturing and supplying chemicals to pulp & paper and towel industry. The acquisition is expected to complete by June, 2016. Lostris is concentrating on manufacturing defoamer formulations, pitch dispersants and scale control chemistries for the pulp market, this would help Solenis in strengthening its position in global pulp & paper industry. The deal would bring Solenis LLC, Lostris International and Wester Blend together help the companies in addressing the needs of their customers in a better way with wide product portfolio. Additionally, the deal would augment the growth and development of innovative products.

TechSci Research depicts that this acquisition would strengthen the market position of Solenis LLC, Lostris International and Wester Blend in global specialty chemicals market. Solenis would be benefited by the expertise of the Lostris International and Wester Blend in manufacturing chemicals for pulp & paper industry whereas acquired companies would have an advantage of strong global presence of Solenis.

According to the recent report published by TechSci Research, Russia Specialty Chemicals Market Forecast and Opportunities, 2018”, the above discussed deal would have an influence on the demand for specialty chemicals across the globe. Specialty chemicals market in Russia is expected to witness the compounded annual growth rate of 5% over the period 2013-2018 due to changes in government policies in the country. With the accession of Russia in WTO, world will witness the technology development and quality manufacturing activities and exports market for specialty chemicals in Russia would experience healthy growth. 

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