Kemira GrowHow sells part of its chemicals business in Denmark to Gropa

17-Apr-2007

Kemira GrowHow expects to sell its Danish hydrochloric acid, sulphuric acid and canning businesses to Gropa A/S, part of Parcongroup. Kemira GrowHow will continue to provide its nitric acid and ammonia based products in Denmark. If the sale is effected Kemira GrowHow will support Gropa in the supply chain process to guarantee deliveries to the customers for an interim period.

"Kemira GrowHow remains fully committed to its customers in Denmark in its core products. As part of the expected sale Kemira GrowHow intends to relocate its nitric acid storage from the Fredericia site to the Gropa site in Copenhagen. This means that we will be closer to our customers, and because of this we will be able to serve them even better than before," says André Lanning, Vice President of Process Chemicals at Kemira GrowHow.

The expected sale of this business is part of the restructuring of Kemira GrowHow's Danish business and securing the long-term competitiveness of Kemira GrowHow in its core activities

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