Solenis and NCH Corporation (NCH) announced they have entered into a definitive agreement to merge the NCH business with Solenis. Under the terms of the agreement, Solenis will acquire 100% of NCH stock, creating a more diversified, customer-centric provider of water and hygiene solutions. The Levy Family, owners of NCH since its founding in 1919, will become the largest minority shareholder in Solenis. Finance terms were not disclosed. The transaction is expected to close by the end of 2025 following regulatory approvals and other customary conditions. Solenis and NCH will continue to operate strictly as independent companies until the transaction is complete. Headquartered in Wilmington, Delaware, Solenis is a leading global provider of water and hygiene solutions. The company was acquired by Platinum Equity in 2021. NCH is the quality leader and trusted onsite expert in middle market water treatment and industrial solutions.

Following the takeover by Koehler and its then sister company Euler GmbH & Co. KG the mill saw significant investment. This allowed the company to switch from producing punched card to high-quality colored office and specialty card made from 100% waste paper. It’s clear just from looking at the variety of Euler ColorTech paper available that the paper machine 1 (PM 1) developed into a real all-rounder during its 50-year career. One unique feature of the PM 1 is that it can quickly switch between colors and paper types, which is due to the short material and water circulation in the machine’s approach flow, according to Holger Palm, Plant Manager at Koehler Greiz. Another special feature of the PM 1 are the two efficient material processing systems and the resulting duplex paper formation. Thanks to these two systems, two different colored paper webs can be couched in the machine. “We are proud, with the help of PM 1, to have established ourselves firmly on the market for high-quality ‘Made in Germany’ recycled paper over the last 50 years,” says Holger Palm.

Resolute Forest Products Inc. announced the closing of a transaction to acquire the 49 percent equity interest held by The New York Times Company in Donohue Malbaie Inc. for a cash purchase price in the amount of C$20 million. Resolute already owned 51 percent of the shares of Donohue Malbaie. Donohue Malbaie owns and operates a paper machine with an annual production capacity of 224,000 metric tons of newsprint in Clermont (Quebec). The Clermont operation, which employs 153 workers, also houses all the equipment that produces the thermomechanical pulp supplying the machine. With this transaction, Resolute becomes sole owner of the Clermont operation. Click Read More below for additional information.