Kemira Oyj : Kemira's associated company Sachtleben signed EUR 430 million credit facility

Kemira Oyj
Press release
June04, 2012 at11.45 am(CET+1)

Kemira Oyj and Rockwood Holdings Inc. titanium dioxide joint venture
Sachtleben Gmbh completed the financing of a new facility agreement in the
aggregate amount of EUR 430 million. The proceeds of the facility will be used
to repay the outstanding balance of the existing facility agreement, pay a
dividend to the joint venture partners and other corporate purposes. The
facility has a maturity of five years.

The joint venture Sachtleben, which was formed in August 2008 by combining
Kemira Oyj's (Kemira ownership 39% in the joint venture) and Rockwood's TiO2
businesses, is a leading producer of specialty TiO2 pigments for the synthetic
fiber, packaging inks, cosmetics, pharmaceutical and food industries.

For more information, please contact

Kemira Oyj
Matti Lapinleimu, VP, Mergers & Acquisitions
+358 40 581 7615

Kemira is a global over two billion euro water chemistry company that is
focused on serving customers in water-intensive industries. The company offers
water quality and quantity management that improves customers' energy, water,
and raw material efficiency. Kemira's vision is to be a leading water
chemistry company.


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Source: Kemira Oyj via Thomson Reuters ONE
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