Kemira buys Cytec's water unit

Robinson, Simon
July 2006
ICIS Chemical Business;7/24/2006, Vol. 1 Issue 29, p10
Trade Publication
This article states that Finland's Kemira has boosted its water chemicals business with the acquisition of Cytec Industries' water treatment chemicals unit and acrylamide product lines for $240m in cash. The businesses are expected to have sales of $300m this year. Mats Jungar, president of Kemira's Kemwater business unit, said the move 'completes our current service and product portfolio and improves our strategic position globally. Cytec's water chemicals are used mainly in industrial and municipal waste-water treatment. The acquisition includes five production plants, in the U.S., the Netherlands and the U.K., as well as businesses in the U.S., South America, Asia and Europe.


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