Solenis acquire chemical additives company in Colombia

Solenis acquires Nopco; strengthens water treatment portfolio

9:01 AM, 23rd May 2017
Solenis logo

WILMINGTON, US: Solenis, formerly Ashland Water Technologies has signed an agreement to acquire the business and assets of Nopco Colombiana SA (Nopco Colombiana). Nopco is a producer and supplier of specialised chemical additives/ solutions for water-intensive industries, including pulp and paper, oil and gas, food and beverage and other industrial markets in Central and South America.

The transaction is expected to close in the third quarter of 2017.

Headquartered in Medellin, Colombia, Nopco Colombiana employs over 75 people. Until this acquisition, the company was Solenis’ pulp and paper speciality chemical distributor in Central and South America. Nopco Colombiana produces and distributes wet strength resins, antiscalants, dispersants and defoamers in Colombia, Ecuador and Peru.

“This is an opportunity to combine Nopco Colombiana’s position in northwestern South America with Solenis’ global direct-to-market strategy,” said John Panichella, president and CEO, Solenis.

“This acquisition will strengthen our portfolio for the water treatment market and enable us to better serve the growing Central and South American markets through expanding our production footprint and customer service capabilities,” stated Jose Armando Pinon Aguirre, VP, Latin America, Solenis. 

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