Orica Acquires Aluminates Chemical Industries
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.
Most read news
Organizations
Other news from the department business & finance
These products might interest you

Milli-Q® Services / MyMilli-Q™ by Merck Life Science
Services & Support for Water Purification Systems
Quality Care, Delivered. In Person & Online

Good Weighing Practice by Mettler-Toledo
Your Concrete Weighing Quality Assurance Plan
GWP Verification service

Get the chemical industry in your inbox
By submitting this form you agree that LUMITOS AG will send you the newsletter(s) selected above by email. Your data will not be passed on to third parties. Your data will be stored and processed in accordance with our data protection regulations. LUMITOS may contact you by email for the purpose of advertising or market and opinion surveys. You can revoke your consent at any time without giving reasons to LUMITOS AG, Ernst-Augustin-Str. 2, 12489 Berlin, Germany or by e-mail at revoke@lumitos.com with effect for the future. In addition, each email contains a link to unsubscribe from the corresponding newsletter.