Reuters – Kemira Rules Itself Out of Clariant Deal

Clariant's plans to offload some of its unwanted operations was dealt a blow on Thursday as Finnish chemicals group Kemira ruled itself out of the bidding for the Swiss group's paper chemicals unit, Reuters wrote. Speciality chemicals group Clariant said in August it was seeking to divest low-margin businesses such as the Textile Chemicals, Paper Specialties and Emulsions, Detergents & Intermediates units whose demand is too affected by economic cycles.

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