These capacity reductions are expected to result in an incremental impact of approximately 275 million board feet by the end of August, in addition to the 100 million board feet reduction previously announced on March 30th.
The transaction is expected to be closed latest in Q3, 2022.
Solenis, a leading global producer of specialty chemicals, closed on the acquisition of Neu Kimya Anonim Şirketi ("Neu Kimya") on May 26, 2022.
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