Kemira announces closing of the divestment of most of its colorants business, including one manufacturing site in South Carolina, to US-based ChromaScape; Kemira's colorants include basic and direct dyes, organic pigments, paper and packaging colorants

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May 5, 2023 (press release) –

Kemira Oyj, Press Release, May 5, 2023 at 9.00 am (EEST)

Kemira announces closing of the divestment of most of its colorants business to ChromaScape

Kemira announces the closing of the divestment of most of its colorants business to ChromaScape on May 4, 2023.

Kemira signed a definitive agreement to sell its colorants dye business to US-based ChromaScape, LLC in September 2022. The revenue of the business in 2022 was approximately 50 MEUR and 59 employees will be transferred to ChromaScape as part of the transaction. Scope includes also one Kemira manufacturing site at Goose Creek, Bushy Park in South Carolina. Kemira will keep its APAC-related colorants business.

Kemira’s colorants include basic and direct dyes, organic pigments, and special colorants used in numerous paper and packaging applications such as tissue, cardboard, newspaper, and high-end packaging solutions for jewelry, cosmetics, and foodstuffs.

For more information please contact:

Kemira Oyj
Antti Matula, Senior Vice President, Global Product Lines & Business Development
Tel. +358 50 570 3576

Kemira Oyj
Terhi Kivinen, Chief Communications Officer
Tel. +358 40 8484001


Kemira is a global leader in sustainable chemical solutions for water-intensive industries. We provide the best-suited products and services to improve our customers’ product quality, process, and resource efficiency. Our focus is on pulp & paper, water treatment, and energy sectors. In 2022, Kemira had annual revenue of around 3.6 billion and around 5,000 employees. Kemira shares are listed on the Nasdaq Helsinki Ltd.

ChromaScape, LLC is a specialty colorants and additives supplier who provides premium products for a variety of industries. ChromaScape has over 100 years of combined colorant industry experience which includes executive, strategic and operational management experience from entrepreneurial startups to Fortune 300 companies. It operates five manufacturing and distribution facilities throughout the United States.
Specialty Chemical Manufacturing | ChromaScape

Current status of Kemira managers’ shareholdings in Kemira shares:

Board of Directors

Manager Position Security Ownership
Kähkönen Matti Chair of the Board Share 15,492
Paasikivi Annika Vice Chair of the Board Share 2,707
Fuhrmann Werner Member of the Board Share 4,560
Lappalainen Timo Member of the Board Share 15,215
Pullola Kristian Member of the Board Share 2,951
Sejersgård Fanø Tina Member of the Board Share 1,680

Management Board

Manager Position Security Ownership
Rosendal Jari Chief Executive Officer (CEO) Share 191,069
Castrén Petri Member of the Management Board Share 56,140
Pixton Matthew Member of the Management Board Share 33,032
Pohjolainen-Hiltunen Tuija Member of the Management Board Share 24,179
Puputti Esa-Matti Member of the Management Board Share 44,831
Salminen Antti Member of the Management Board Share 71,666
Salonen Eeva Member of the Management Board Share 71,420
Hakkila Jukka Other person discharging managerial responsibilities Share 102,687

Transaction history
Last 12 months

Date Manager Ownership Security Transaction Change +/-
10/05/2022 Fuhrmann Werner Own Share Remuneration +1,680
10/05/2022 Kähkönen Matti Own Share Remuneration +3,696
10/05/2022 Lappalainen Timo Own Share Remuneration +2,184
10/05/2022 Paasikivi Annika Own Share Remuneration +2,184
10/05/2022 Pullola Kristian Own Share Remuneration +1,680
10/05/2022 Sejersgård Fanø Tina Own Share Remuneration +1,680
02/03/2023 Castrén Petri Own Share Remuneration +9,900
02/03/2023 Hakkila Jukka Own Share Remuneration +7,700
02/03/2023 Pixton Matthew Own Share Remuneration +7,700
02/03/2023 Puputti Esa-Matti Own Share Remuneration +7,700
02/03/2023 Rosendal Jari Own Share Remuneration +22,000
02/03/2023 Salminen Antti Own Share Remuneration +13,750
02/03/2023 Salonen Eeva Own Share Remuneration +7,700

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