IHS Chemical Week

Markets :: Specialty Chemicals :: Paints and Coatings

Kemira Decides to Keep TiO2 Business

1:50 PM MDT | August 27, 2007 | Chemical Week Editorial Staff

Kemira says it has decided to retain its pigments business, including titanium dioxide (TiO2), after evaluating certain options for the business, which included a possible sale (CW, June 6, p. 5). “The preliminary outcome of our evaluation process showed that the market value for the pigments business unit in the current business and financial environment does not correspond to the real value of the business,” says deputy CEO Esa Tirkkonen. Kemira says the pigments business will continue to operate within the Kemira Specialty division. The pigments...

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