AkzoNobel Pulp and Performance Chemicals (formerly Eka Chemicals) today announced that it has agreed to divest its water treatment business, Purate.
The prospective buyer is US based Ecolab Inc. The parties have signed an agreement under which Ecolab will begin operating the business upon completion of the proposed transaction. This is anticipated to occur early June, 2013, subject to satisfaction of customary closing conditions and receipt of required regulatory clearance.
Ecolab is a global leader in water, hygiene and energy technologies and services. The Purate technology and service will become an offering of Nalco, an Ecolab company, and its Water and Process Services (WPS) division.
“We are very pleased that Purate will have an owner who can provide global opportunities for the development of this business, says Byron Smith, Director Strategy and Transformation, AkzoNobel Pulp and Performance Chemicals.
divestment is in line with AkzoNobel Pulp and Performance Chemicals strategy
launched in early 2012.The company will continue to focus on global leadership
positions in pulp bleaching, paper chemicals, colloidal silica and expandable
Purate is a technology for small-scale production of chlorine dioxide. Customers are found in several market segments for the treatment of drinking water, raw water, wastewater, process water and cooling water. Purate is also sold to the paper industry and is used for bleaching of special pulp. More information: www.purate.com
For more information
AkzoNobel Pulp and Performance Chemicals
Telephone +46 709 57 71 22
Note to editors
Pulp and Performance Chemicals (formerly Eka Chemicals) is a business unit within AkzoNobel. We are a leading global force in pulp bleaching technologies, paper chemicals, colloidal silica and expandable microspheres. Our 2,500 employees serve the pulp and paper and other industries in 32 countries.
AkzoNobel is a leading global paints and coatings company and a major producer of specialty chemicals. We supply industries and consumers worldwide with innovative products and are passionate about developing sustainable answers for our customers. Our portfolio includes well known brands such as Dulux, Sikkens, International and Eka. Headquartered in Amsterdam, the Netherlands, we are consistently ranked as one of the leaders in the area of sustainability. With operations in more than 80 countries, our 50,000 people around the world are committed to excellence and delivering Tomorrow’s Answers Today™.