Kemira buys AquaBlue

Kemira has acquired AquaBlue, an Ohio-based supplier of wastewater and industrial water treatment services to the food and beverage, manufacturing and healthcare, from private ownership. The deal is valued at under $10 million and AquaBlue, which has revenues of about $9 million and employs eight, will be integrated into Kemira’s Water Solutions unit.

Separately, Kemira has signed a non-binding Memorandum of Understanding to evaluate and explore commercial opportunities for the use of Hazer Group’s proprietary methane pyrolysis technology in its water treatment and industrial operations. If initial assessments are positive, the two will begin discussions about commercial collaboration, such as technology licensing and/or product offtake.