Kemira builds Hydrogen peroxide plant in Uruguay
South Korean unit sold to Degussaheadwaters
Kemira sells its South Korean hydrogen peroxide unit to DegussaHeadwaters Korea for EUR 27.5 million. The South Korean plant has served mainly customers outside pulp and paper industry which is Kemira Pulp & Paper Chemicals' (PPC) primary customer sector. The unit's annual turnover has been approximately EUR 20 million. The transaction remains subject to regulatory approvals.
The turnover of Kemira's Pulp & Paper Chemicals business is approximately EUR 1.1 billion and the company has a payroll of 2,500 employees.
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