Orica Acquires Aluminates Chemical Industries

23-Mar-2005

Orica announced the expansion of its Watercare and Chemical services businesses with the acquisition of Aluminates Chemical Industries for a purchase price of $14 million. Aluminates Chemical Industries is a well established Australian manufacturer and distributor of an extensive range of chemicals and services to the water treatment and pulp & paper industries in southern Australia.

The Aluminates business shares many customers with Orica's Chemicals Group and complements ChlorAlkali's existing Watercare and Industrial portfolios. In particular, this acquisition will position ChlorAlkali as the premier manufacturer and distributor of aluminium sulfate (alum) in the eastern seaboard of Australia.

This acquisition is consistent with Orica's growth strategy of pursuing low risk, value adding acquisitions in core markets. The transaction will be effective on 2 May 2005, subject to regulatory approvals and assignment of various operational agreements.

Other news from the department business & finance

These products might interest you

Milli-Q® Services / MyMilli-Q™

Milli-Q® Services / MyMilli-Q™ by Merck Life Science

Services & Support for Water Purification Systems

Quality Care, Delivered. In Person & Online

water treatment systems
Good Weighing Practice

Good Weighing Practice by Mettler-Toledo

Your Concrete Weighing Quality Assurance Plan

GWP Verification service

services
Loading...

Most read news

More news from our other portals

All FT-IR spectrometer manufacturers at a glance