Kemira has acquired certain assets of Soto Industries, LLC, a privately owned company, headquartered in Charlotte, North Carolina.
Soto specializes in the application of scale control products, defoamers, and settling agents for the pulp and paper industry. Kemira is a leading chemicals supplier serving the global pulp and paper industry.
“The Soto Industries, LLC acquisition is another example of Kemira’s dedication to the pulp and paper industry as well as Kemira’s commitment to execute our global growth strategy via continued investment into our Paper segment,” says Billy Ford, Senior Vice President, Paper segment, Americas.
The transaction does not have material impact on Kemira’s financial figures and the parties have agreed not to disclose the transaction price.
Source: Kemira
Appointed Borealis CEO in 2021, Thomas has led key initiatives including the sale of the nitrogen business, acquisitions of Rialti Spa and Integra Plastics AD, and Borouge’s IPO. He also made the final investment decision for the Borouge 4 plant, set to be the world’s largest polyolefin complex.
The Chemours Co. today named interim CEO Denise Dignam as the company’s permanent CEO and president, as well as a member of the board of directors, effective immediately. Dignam has been interim CEO since late February, when former CEO Mark Newman was placed on leave due to an internal investigation.
Neste Corp. (Espoo, Finland) has completed its organizational change process, announced on 1 November 2023. Neste informed that it will merge its three renewable business units into one Renewable Products business unit as well as restructure its functions to better support business-driven ways of working.