20 September 2013
Details
Kemira
has signed an agreement to acquire
Soto Industries, Inc.,
a privately owned company headquartered in
Vancouver, Canada.
Soto supplies a broad range of specialty chemicals including
* digester scale control,
* silicone and oil-based defoamers, and
* polymers
used in green liquor clarification and effluent treatment.
Kemira,
Bill Ford, Senior Vice President, Paper Segment, North America
- This acquisition helps us accelerate our strategic plan and
secures our position as a leading supplier to
the pulp and paper industry in North America.
- It also supports Kemira's objective of
achieving above-the-market growth in the mature markets.
- The transaction is expected to result in
synergies through raw material, logistics and fix cost savings.
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