Kemira Focuses its Businesses in Japan and Sells its Joint Venture Company Kemira-Ube Ltd

摘要

Kemira is selling its 50 per cent ownership in a Japanese hydrogen peroxide joint venture company Kemira-Ube Ltd to the other joint venture partner Ube Industries Ltd. Ube will form a new hydrogen peroxide joint venture company together with the Japanese Mitshubishi Copo-ration. Kemira-Ube's net sales are about EUR20 (USD28.80) million. Kemira aims to enforce its services to Japanese pulp and paper chemicals customers and is focusing its growing business in Japan into fully owned Kemira Japan KK.