Solenis is to acquire BASF’s flocculants business for mining applications in a deal that should close within 2H 2024. Financial details are not being disclosed. Solenis had previously acquired BASF’s paper wet-end and water chemicals business in 2019.

Jacques Herber, Solenis’s CBO in EMEA and Asia said that brining the BASF sales team on board “will allow us to develop closer relationships with our customers by providing more solutions and added value to their operations and will eliminate supply agreements between BASF and Solenis.”

Draslovka, a specialist in cyanide chemistry based in the Czech Republic, has completed the previously announced acquisition of Chemours’s Mining Solutions business for $521 million. However, its proposed acquisition of Sasol’s sodium cyanide business has been blocked by the South African competition authorities.

Draslovka, a multi-family-owned Czech speciality chemicals firm, has agreed to acquire the Mining Solutions business of Chemours for $520 million, or 10 x EBITDA in 2020. This came shortly after its agreement to buy Sasol’s sodium cyanide business $101.7 million. CEO Pavel Bruzek said that the deals were “highly synergistic” with each other.