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Rockwood buys Kemira share of the titanium dioxide JV
February 15, 2013
By: DAVID SAVASTANO
Editor, Ink World Magazine
Kemira Oyj and Rockwood Holdings Inc. have signed an agreement, according to which Rockwood buys Kemira’s share (39%) of the titanium dioxide joint venture Sachtleben GmbH. The transaction price of the deal is €97.5 million. The joint venture Sachtleben GmbH, which was established in September 2008 by combining Kemira Oyj’s and Rockwood Holdings Inc’s TiO2 businesses, is a leading producer of specialty TiO2 pigments for the synthetic fiber, packaging inks, cosmetics, pharma...
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