Kemira Reviewing Options for ChemSolutions

Kemira said it has retained Swedish bank SEB for a process to review strategic options for its ChemSolutions segment. In a push to realign its portfolio, the Finnish chemical company divested ChemSolution' food and pharma businesses and sold its shares in its Sachtleben JV in the first quarter of 2013. Kemira is looking to focus on the core industries of pulp & paper, oil & gas, mining and water treatment; ChemSolutions has limited synergies to the core business, the company said in a statement.