An Ashland spin-off announced the opening its new headquarters in north Wilmington.
Solenis, a global producer of specialty chemicals for the pulp, paper, oil and gas, chemical processing, mining, biorefining, power and municipal markets is now based in 39,000 square feet of space at Three Beaver Valley Road, off Route 202 near the Pennsylvania line.
The headquarters will be the home for about 120 employees working at the company that was previously known as Ashland Water Technologies. Space is available for expansion.
.Following the opening of its European headquarters last fall in Schaffhausen, Switzerland, the opening of the world headquarters is one more step in a series of actions that the company has taken since it was acquired by a fund managed by private investment firm Clayton, Dubilier & Rice on August 1, 2014.
In addition to the office openings, Solenis recently acquired Clearwater Specialty Chemicals in North America as well as a paper chemical business from CBC in India.
“It has been an exceptionally busy time as we continue to build this business inside and out,” stated John Panichella, CEO. “The new headquarters will further enhance the Solenis corporate identity and culture that we are working hard to develop around the world. As we continue to build and strengthen our organization, we will continue to rely on our proven leadership, industry expertise and market-focused research and development to lead the industry in analyzing and solving water and process challenges and support our customers with innovative products and services, just as we have in the past.”
The company’s Wilmington Research Center will remain at its current location at 500 Hercules Road west of the city.
The company has 30 manufacturing facilities strategically located around the globe and employs a team of approximately 3,500 professionals in 118 countries across five continents. For additional information about Solenis, please visit www.solenis.com.
Ashland acquired Hercules, Incorporated in 2008. A number of Solenis’ businesses, such as paper chemicals, were core holdings of Hercules, which was spin-off of DuPont after the break-up of its explosives monopoly.
