Kemira Oyj Stock Exchange Release November 29, 2013 at 4.00 pm (CET+1) Kemira and Bauminas have signed a contract today according to which Kemira sells its Brazilian iron and aluminium coagulant business to Bauminas. The deal includes coagulant business related assets, liabilities and personnel of Kemira WaterSolutions Brazil Ltda and shares of Nheel Quimica Ltda as well as its three coagulants manufacturing sites in Brazil (Rio Claro, Araporti and Lages). The sold businesses have combined reported revenue of approximately EUR 50 million, mainly in Kemira's Municipal & Industrial segment. 193 employees will be transferred to Bauminas as part of the transaction. The transaction is subject to fulfillment of certain conditions and the closing is still expected during the fourth quarter of 2013. The parties have agreed not to disclose the transaction price. The transaction proceeds are expected to have a positive impact on Kemira's cash flow at closing. Kemira will undertake a non-recurring write-down related to the transaction of approximately EUR 40 million, impacting Kemira's reported EBIT in the fourth quarter of 2013. "The divestment of our coagulant business in Brazil is well in line with our focus on profitability improvement and cash flow maximization in the Municipal & Industrial segment. Kemira's strategy continues to be focused on those businesses and geographies, where we can achieve a sustainable competitive market position in combination with growth. Exiting the coagulants business in Brazil will further improve the EBIT margin in the Municipal & Industrial segment and will have a positive cash flow impact as well. Brazil will remain an important market for Kemira, especially for the chemicals used in the pulp and paper industry" said Wolfgang Büchele, Kemira's President and CEO. For more information, please contact Kemira Oyj Frank Wegener, President, Municipal & Industrial segment +49 171 588 8107 Jukka Ryhänen, Director, Mergers & Acquisitions +358 50 525 2354 Tero Huovinen, VP, Investor Relations +358 10 862 1980 Kemira is a global chemicals company serving customers in water-intensive industries. We provide expertise and chemicals that improve our customers' water, energy and raw material efficiency. Our focus is on pulp & paper, oil & gas, mining and water treatment. In 2012, Kemira had annual revenue of EUR 2.2 billion and around 4,900 employees. Kemira shares are listed on the NASDAQ OMX Helsinki Ltd. www.kemira.com [HUG#1746575]
Kemira Oyj sells its coagulant business in Brazil to
Top 10 Most Recent News Articles
Navigating the Nitty-Gritty of Cabin Rental Management
The Real Elbow Grease Behind Cabin Management Ever imagined what it’d take to keep a vacation rental cabin running like a tight ship? Well, Nathan Fitts breaks it down real clear-like. The guy's seen it all in Blue Ridge, Georgia, which isn't just about scenic views—there's serious business brewing behind that cabin charm. More Than Just Fluffing Pillows Turns out,...
Continue Reading
VIVIFY and ELISIUM Plan Hydrogen-Powered City
Hydrogen Takes Center Stage in Urban Planning Well, I didn't see this one coming—a city that's planning the power before the buildings. We're talking about ELISIUM, the so-called cognitive city destined to rise in Hendry County, Florida. And leading the charge in all this energy planning? None other than VIVIFY Technology, set to bring in its hydrogen expertise right...
Continue Reading
TilePix Expands into Walmart with Nail-Free Decor Launch
TilePix Makes Big Moves with Walmart TilePix is launching their new line of nail-free wall décor at Walmart—this ain’t your grandma’s wall art. This company's bringing their magnetic, nail-free wizardry to retail stores nationwide for the first time, and they’ve chosen a real heavyweight partner—Walmart. What comes in the package? Well, they’re dealing in...
Continue Reading
Brown Plus Ranks #8 Best Workplace for Women 2026
Cracking the Top Ten: A Noteworthy Feat When it comes to hustling and bustling in the corporate world, Brown Plus managed to snag the spotlight by landing the #8 spot in the 'Best Place to Work for Women 2026.' It's a title they didn't just stumble upon. This recognition in the medium category by the Best Companies Group underscores the fact that Brown Plus is running its...
Continue Reading
Coastal Financial Faces Lawsuit Over Fraud Allegations
Coastal Financial Corporation, riding high on NASDAQ as CCB, now finds itself in the middle of a storm. Schall, Brown & Schwartz LLP, a firm known for its shareholder rights litigation, has thrown the gauntlet with a class action lawsuit against Coastal for suspected securities violations. We're talking about potential fibs under Section 10(b) and 20(a) of the Securities...
Continue Reading
Noé Hinojosa Jr. Honored for Leadership in Business
From Bonds to Ballgames: Hinojosa's Impact Listen up, because this one’s more than just another accolade on a shelf. Noé Hinojosa Jr., a big gun over at TRB Securities, is getting the 2026 Hispanic Business Salute Award, and it's a doozy. Awarded by all the big wigs—UPS, NBC 5, Telemundo 39, and the Dallas Cowboys—this isn't a small pat on the back. It's a full-on...
Continue Reading
Chemours Faces Investor Fraud Suit: Action Needed Now
A Messy Situation Unfolds for Chemours Company You know, stumbling upon a battle scene like this isn't something I enjoy, but here we have Chemours Company (NYSE: CC) embroiled in a securities fraud lawsuit. It's like catching wind of a brawl outside your favorite tavern—can't ignore it, can you? The Lawsuit's Crux and Key Dates to Watch Here's the rundown. The fight...
Continue Reading
Taiwan Excellence Sparks Smart Automotive Innovation at SEMA
Taiwan's making waves, folks, and it's not your everyday splash in the automotive pool. At SEMA 2026, Taiwan Excellence Pavilion is the place to be with its array of intelligent automotive solutions. This ain't just your run-of-the-mill car show gimmickry—it's the future rolling in real-time. Driving Innovation: From Components to Smart Systems The name of the game is...
Continue Reading
Ruth E. Carter Returns Home with Celebrated Exhibition
Ruth E. Carter’s Triumphant Return When a titan of the costume design world circles back to their roots, you know it’s bound to be something special. Ruth E. Carter, who has swapped needles and threads for Oscars (twice, mind you), is making a return to Hampton University, paying homage to the very soil that sowed her artistic seeds. Ain't that a capstone of a career...
Continue Reading
Cruise Planners Sets AI Benchmark in Travel Innovs
Unveiling the AI Arsenal of Cruise Planners Alright, listen up, folks. When you think about travel and tech, Cruise Planners ain't just dipping a toe—they're cannonballing right in, splashing everyone around with their shiny new AI tricks. Twenty-three. That's how many innovations they're flaunting this year. It's like they're running a tech marathon, and boy, are they...
Continue ReadingTop 5 Most Recently Viewed Articles
Berkshire Biomedical's Final Webinar to Unveil COPA™ Innovations
Berkshire Biomedical's Educational Webinar on COPA™ Technology Berkshire Biomedical is preparing to conclude its equity crowdfunding campaign, an exciting endeavor aimed at connecting with investors and stakeholders. To mark this important phase, the company will be hosting a final webinar designed specifically for investors to share insights into its groundbreaking...
Continue Reading
Cal Poly Honors John Madden with $45M Facility Launch
Cal Poly's Tribute to a Legend When you think of a larger-than-life football figure like John Madden, walls and ceilings don't quite seem to capture his essence, right? But here we are, with Cal Poly launching the John Madden Football Center. This $45 million behemoth doesn't just slap his name on a building; it embodies the values Madden instilled throughout his life and...
Continue Reading
Gold Prices Surge as Market Concerns Over Federal Reserve Rise
Gold Prices Surge Amidst Market Uncertainty Gold (XAU/USD) experienced a significant uptick, pushing above $3,370 in recent trading, marking its highest levels in two weeks. This surge follows a wave of political turmoil that has shaken investor confidence in the U.S. central banking system. Market Reactions The catalyst for this sudden shift in gold prices was President...
Continue Reading
Helm Achieves Milestone Recognition in Business Growth Rankings
Helm Achieves Remarkable Recognition on the Inc. 5000 List Helm, a prominent player in tech-enabled business consulting and brand marketing, has proudly secured a spot in the 2025 Inc. 5000 list. This list is renowned for showcasing the fastest-growing private companies in the U.S. The inclusion represents Helm's first ranking among this elite group, highlighting its...
Continue Reading
VanEck Partners with Kiln: Revolutionizing Staking Strategies
VanEck and Kiln Join Forces for Enhanced Staking VanEck, a prominent asset manager, has formed a strategic alliance with Kiln, a highly regarded digital asset rewards platform. This partnership aims to enhance staking options within VanEck's comprehensive Solana Strategy, which encompasses a variety of products like ETNs and ETFs, offering regulated access to Solana....
Continue Reading