Sector News

Ecolab acquires Georgia-Pacific's chemical paper business

October 2, 2017
Chemical Value Chain

Ecolab Inc. has acquired the paper chemicals business of Atlanta-based Georgia-Pacific, the company announced Friday.

The St. Paul-based company did not disclose how much it’s paying for the business, which uses chemicals to make paper softer and more durable, but that unit generated $43 million in revenue for Georgia-Pacific in 2016, Ecolab said. Georgia-Pacific is owned by Wichita, Kan.-based Koch Industries.

Ecolab will use this operation to grow its tissue and paper towel industry, the company said. The deal is expected to be completed at the end of the year.

With revenue of $13.15 billion in 2016, Ecolab is the ninth-largest public company in Minnesota when ranked by revenue.

By Nick Williams

Source: Minneapolis Business Journal

comments closed

Related News

February 4, 2023

Eastman acquires performance films company Ai-Red Technology

Chemical Value Chain

Eastman Chemical Co. (Kingsport, Tenn.) announced it has acquired Ai-Red Technology (Dalian) Co., Ltd., a manufacturer and supplier of paint protection and window film for auto and architectural markets in the Asia Pacific region.

February 4, 2023

BASF and StePac partner on chemical recycling MAP packs to fight food waste

Chemical Value Chain

BASF and Israeli packager StePac have joined forces to create the “next generation” of fresh produce packaging. BASF will provide StePac with greater flexibility to advance contact-sensitive packaging formats to a higher sustainability standard by supplying StePac with Ultramid Ccycled – a chemically recycled polyamide 6.

February 4, 2023

TotalEnergies and Intraplás partner on food-grade renewable biopolymer production

Chemical Value Chain

TotalEnergies’ biorefinery in La Mède, France, allows direct access to renewable feedstock for its drop-in RE:newable polymer range derived from bio-based products. The company claims these polymers retain virgin-like properties.

How can we help you?

We're easy to reach