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May 4th, 2006
Kemira Group's revenue for January-March 2006 increased by 37% year on year, to EUR 552.9 million (Q1/2005: 403.7 million).
In April, Kemira agreed to buy the business of IFAC from IFAC GmbH & Co. KG, a leading German development company in nanotechnology applications for the cosmetics industry and a holder of a strong patent portfolio within this application area. The company employs over 10 professionals. This acquisition will strengthen the Performance Chemicals business area's expertise in specialty titanium dioxide applications for the food, pharmaceutical and cosmetics industries, as well as in nanotechnology applications and services.
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