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.

www.kemira.com
www.waterfootprintkemira.com

------------------------------------------------------------------------------

This announcement is distributed by Thomson Reuters on behalf of Thomson
Reuters clients.

The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other
applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of
the
information contained therein.

Source: Kemira Oyj via Thomson Reuters ONE
HUG#1616190
 
Press spacebar to pause and continue. Press esc to stop.