Solenis Completes Acquisition Of Topchim

US-based speciality chemicals maker, Solenis, has announced the completion of the acquisition of 100 percent of the shares of Topchim NV. Headquartered in Antwerp, Belgium, Topchim is a leading ecological coating company for the paper, cardboard, and packaging converting industries in Europe. Solenis will integrate the Topchim business as part of its strategy to expand its offering to the pulp and paper market. “The acquisition will enable Solenis to serve the growing barrier coatings market while maintaining our commitment to environmental sustainability,” stated Mr. John Panichella, Solenis President and CEO. “Through the development of proprietary technologies based on bio-renewable materials, Topchim has created a distinct competitive advantage in the barrier coatings market,” added Mr. Ludwig Krapsch, Vice President, Solenis Pulp and Paper EMEA.