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.
ial","sans-serif"'>Valmet's Advantage NTT tissue production technology is designed for maximum flexibility as well as enhanced product quality and can easily change between production of conventional tissue and textured tissue in just a few hours. It has been well received by the market, and this will be the fifth NTT machine to be delivered. The first Advantage NTT line was started up in Mexico in 2013, the second line started up in the second quarter of 2015 in Chile, a third NTT line will be started up in Abu Dhabi in 2015, followed by a fourth NTT line in the U.S. in early 2016.