On 28 February 2013, Kemira Oyi has completed the sale of its food, pharmaceutical and acetate based chemical businesses to Niacet, including Kemira’ Dutch subsidiary Kemira ChemSolutions b.v.

and its manufacturing site in Tiel, The Netherlands. As of 1 March 2013 the Kemira ChemSolutions b.v. becomes Niacet b.v. Established in 1924, Niacet is a family owned company producing propionates, acetates and other emulsifiers focused on the bakery and pharma industry.