Kemira sells 50% stake in Japanese peroxide JV

Kemira has announced that it will sell its 50% share of the Japanese peroxide JV Kemira-Ube Ltd to the remaining partner. The sales of the JV were in the region of EUR 20 million, but the value of the deal between Kemira and Ube was not disclosed. Ube will form a new hydrogen peroxide JV with Mitsubishi Corporation.