Solenis

Solenis

Specialty chemicals for water-intensive industries

About Solenis

Simplify's Rating
Why Solenis is rated
A-
Rated B on Competitive Edge
Rated A on Growth Potential
Rated A on Rating Differentiation

Industries

Consulting

Industrial & Manufacturing

Company Size

1,001-5,000

Company Stage

Acquired

Total Funding

$5.3B

Headquarters

Wilmington, Delaware

Founded

1907

Overview

Solenis produces specialty chemicals for industries that use a lot of water, such as pulp and paper, oil and gas, and mining. Their products help these industries manage water treatment and improve their processes. Solenis offers customized chemical solutions and services, including performance monitoring and consulting, to help clients operate more efficiently and meet environmental regulations. A recent merger with Diversey has allowed Solenis to expand its offerings to include cleaning and hygiene solutions. The company aims to help large industrial clients reduce their environmental impact while maintaining profitability.

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Simplify's Take

What believers are saying

  • Solenis' collaboration with PhaBuilder targets the growing demand for sustainable packaging solutions.
  • The Diversey integration enhances Solenis' value proposition in water and hygiene management.
  • A potential 2025 IPO could provide capital for R&D and market expansion.

What critics are saying

  • Integrating Diversey's operations may lead to inefficiencies or cultural clashes.
  • The chemical sector's IPO history poses financial risks for Solenis' 2025 plans.
  • Collaboration with PhaBuilder may face technical or market adoption challenges.

What makes Solenis unique

  • Solenis offers tailored chemical solutions for complex water treatment challenges.
  • The Diversey merger expands Solenis' portfolio to include cleaning and hygiene solutions.
  • Solenis focuses on sustainability, helping clients reduce environmental footprints and comply with regulations.

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Funding

Total Funding

$5250M

Above

Industry Average

Funded Over

1 Rounds

Buyout funding comparison data is currently unavailable. We're working to provide this information soon!
Buyout Funding Comparison
Coming Soon

Benefits

Health Insurance

Dental Insurance

Vision Insurance

401(k) Retirement Plan

Company News

PR Newswire
Apr 1st, 2025
Solenis Releases 2024 Sustainability Report With Integrated Data From Diversey

WILMINGTON, Del., April 1, 2025 /PRNewswire/ -- Solenis, a leading global provider of water and hygiene solutions, released its 2024 Sustainability Report, marking the first edition that combines information and data from Diversey. Solenis acquired Diversey Holdings, Ltd. in 2023 and now operates as one integrated company with aligned sustainability policies."With the integration of Diversey and the addition of more than 9,000 employees to the Solenis team, we finished 2024 as one united company on a clear path to make a real and lasting positive impact on our customers, our employees and our world," said CEO John Panichella. "We continue to embrace and enhance our own transparency around sustainability, while as a partner we are uniquely able to help customers achieve their sustainability and operational goals."Along with the report, Solenis unveiled a new sustainability-focused website at sustainability.solenis.com, underscoring its ESG initiatives and activities that add sustainability value for customers. The web portal houses a regulatory library and other sustainability-focused content and product innovations.Based on Global Reporting Initiative (GRI) Universal Standards and validated by an independent certification agency, the detailed 2024 report contains insights into key areas, including:Solenis' first double materiality assessment (DMA): An important element in Corporate Sustainability Reporting Directive (CSRD) compliance, the DMA identifies how sustainability-related factors impact a company's financial performance, and how the company's activities impact stakeholders and society. The material topics identified by the DMA helped guide the goals in Solenis' ESG+C sustainability strategy.New branding: As a capstone to the Diversey integration, Solenis introduced new branding that integrates both companies into one diversified global brand rooted in sustainable innovation.Climate risk and opportunity assessment: Solenis published its first climate risk and opportunity assessment index based on the Task Force on Climate-related Financial Disclosures (TCFD) framework, providing a thorough analysis of the company's impact on climate change and related risks and opportunities.Environmental, Health & Safety (EH&S) investment: Since 2019, Solenis has invested more than $42 million in capital expenditure projects to improve EH&S performance.in capital expenditure projects to improve EH&S performance

Canadian Packaging
Mar 6th, 2025
Solenis wins Sappi's Supplier Sustainability Leadership Award for commitment to a greener future

WILMINGTON, Del. (U.S.A.) - Solenis, a leading global producer of specialty chemicals for water-intensive industries, was awarded Sappi's 2024 Supplier Sustainability Leadership Award.

PR Newswire
Nov 12th, 2024
Beatbot Partners With Solenis To Bring Innovative Pool Care Solutions To Retail Stores

Beatbot's Advanced Robotic Pool Cleaners Now Available Through Solenis' Dealer Network RICHMOND, Texas, Nov. 11, 2024  /PRNewswire/ -- Beatbot, the brand behind the world's most innovative pool-cleaning robots, is excited to partner with Solenis to bring Beatbot's cutting-edge pool-cleaning technology to over 1,000 physical retail stores

Paper Market
Sep 19th, 2024
Solenis and HEIDELBERG Collaborate To Develop Print-Applied, Eco-Friendly Barrier Coatings for Paper Packaging

Solenis and HEIDELBERG collaborate to develop print-applied, eco-friendly barrier coatings for paper packaging.

Packaging Strategies
Sep 17th, 2024
Solenis and HEIDELBERG Partner to Integrate Barrier Coatings for Paper Packaging

Solenis, a leading producer of specialty chemicals, is collaborating with Heidelberger Druckmaschinen AG (HEIDELBERG), an innovative technology company with a leading position in the global printing industry, to advance a more cost-effective way of integrating barrier coatings for paper packaging directly within the existing flexographic printing process.

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Solenis is Hiring for 90 Jobs on Simplify!

Find jobs on Simplify and start your career today

💡
We update Solenis's jobs every few hours, so check again soon! Browse all jobs →

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