Kemira announces agreement to divest most of its colorants business to ChromaScape
Kemira Oyj, press release, September 12 at 5.00 pm (EEST) Kemira has signed a definitive agreement to sell its colorants dye business to US based ChromaScape, LLC. Revenue of the business in 2021 was approximately 50 MEUR and 67 employees will be transferred to ChromaScape as part of transaction which is expected to be closed in the first quarter of 2023. Scope includes also one Kemira manufacturing site at Goose Creek, Bushy Park in South Carolina. Kemira will keep its APAC related colorants business. ”We are very happy to see that our strategic objective to streamline