Displaying items by tag: Kemira

Logo slogan belowKemira has reached a preliminary agreement to acquire AkzoNobel's global paper chemicals business. The parties will also enter into a distribution agreement for AkzoNobel's colloidal silica business for retention and drainage applications for the paper industry. The closing of the intended transaction is expected in the first quarter of 2015 and is subject to customary closing conditions, including completion of employee consultation proceedings and approvals of competition authorities in certain countries. The Enterprise Value of the transaction for AkzoNobel's paper chemicals business is EUR 153 million.

AkzoNobel's paper chemicals business includes products for retention and sizing, as well as other paper chemicals, including wet strength and coating products. In 2013, revenues of the purchased paper chemicals business were EUR 243 million(EMEA 40%, Americas 30% and APAC 30%). Over 50% of the revenues were related to the packaging board grades. Operative EBITDA of the purchased business in 2013 was EUR 23 million. Kemira expects more than EUR 15 million of annual synergies by the end of 2016 with the acquisition.

"Kemira is the global leader in the development, application expertise and supply of chemicals for the pulp and paper industry. This acquisition is a major step in implementing our growth strategy and it significantly enhances our position, especially in the packaging and board industry and strengthens our presence in the Asia-Pacific region. This also demonstrates our commitment to the industry by diversifying our offering to our customers around the world. AkzoNobel's paper chemicals are a great fit for Kemira, and we expect to achieve significant technological and financial business synergies," says Jari Rosendal, Kemira's President and CEO.

"We are very pleased to announce this preliminary agreement. Kemira is a well-established player in this market and with the sale of our Paper Chemical business we are following through with our strategy to focus on leading position," commented AkzoNobel CEO Ton Büchner. "This divestment enables our Pulp and Performance Chemicals business to focus on its core activities."

Additional Info

  • About

    Kemira is a global chemicals company serving customers in water-intensive industries. We provide expertise and chemicals that improve our customers' water, energy and raw material efficiency. Our focus is on pulp & paper, oil & gas, mining and water treatment. In 2013, Kemira had annual revenue of EUR 2.2 billion and around 4,500 employees. Kemira shares are listed on the NASDAQ OMX Helsinki Ltd. www.kemira.com

  • Contacts

    For more information, please contact

    Kemira Oyj
    Jari Rosendal, President and CEO

    Tel. +358 10 862 1801

    Matti Lapinleimu, VP, Mergers & Acquisitions
    Tel. +358 10 862 1786

    Tero Huovinen, VP, Investor Relations

    Tel. +358 10 862 1980

Published in European News

kem zelThe European market provides huge growth potential for the tissue industry as about a dozen new tissue machines will be started or built in the EMEA region in the next two years. Most of the investments will take place in the developing markets of Eastern Europe and the Middle East where the tissue consumption per capita is still a half or less than in Western Europe.

“Kemira supports the growth of the European tissue industry by investing in production and expertise”, says Kenneth Nysten, SVP, Paper, EMEA. “The investment in San Giorgio plant in Italy enables the production of all tissue specialty chemicals such as polymers, dry and wet strength agents, and Yankee coating, and the strategic location of the plant ensures Kemira’s ability to effectively serve all the major European tissue districts especially in Italy, Germany, Spain, France and all the Eastern European countries. Kemira will participate in supplying chemicals to almost every new machine start up in 2014-2015”.

Kemira continues to commit to the paper industry also in the more mature Western European market, and strives to ensure customers’ success in innovating and bringing new products to the market. “Innovation, operational efficiency and economy of scale represent a secure cost advantage for our tissue customers”, Nysten says. “We will continue to provide and develop a leading portfolio of innovative, tailor-made technologies and chemical expertise to fulfil the specific needs of our customers and ensure their future success. To support this, we are launching a campaign for tissue grades.”

In the core of the campaign are Kemira’s key technologies:

FennoClean PFA for effective and corrosion safe microbe control with no biocide residuals in the

final paper

KemFlite for efficient control of hydrophobic substances by combining novel analysis and

monitoring tools with the broad deposit control product portfolio

FennoBond for improved dry and wet strength characteristics in tissue production

“Our Tissue Experience campaign illustrates how our key technologies and well-engineered chemical phenomena benefit tissue makers and create a wanted impact on process runnability and cleanliness, as well as final product quality", says Antti Matula, Head of Marketing & Product Lines, Paper, EMEA. “It reveals an in-depth example of what Kemira has to offer through its understanding of the pulp and paper industry and its offering and expertise for tissue and towel grades.” Tissue Experience is available in www.kemira.com/tissueexperience.

Additional Info

  • About

    Kemira is a global chemicals company serving customers in water-intensive industries. We provide expertise and chemicals that improve our customers' water, energy and raw material efficiency. Our focus is on pulp & paper, oil & gas, mining and water treatment. In 2013, Kemira had annual revenue of EUR 2.2 billion and around 4,500 employees.

    www.kemira.com

  • Contacts

    For more information, please contact:

    Kemira Oyj

    Kenneth Nysten, SVP, Paper, EMEA

    +49 151 5440 7955

    Kemira Oyj

    Antti Matula, Head of Marketing & Product Lines, Paper, EMEA

    +49 171 196 1641

Published in European News

kem zelOn March 6, 2014, Kemira closed the divestment of formic acid business, including the feed and the airport runway de-icing product lines, which had formed the major part of ChemSolutions segment.

After the closure, the remaining sodium percarbonate business in ChemSolutions segment was transferred to Paper segment and ChemSolutions segment was discontinued as of the beginning of Q2 2014.

The figures for Q1 2013-Q1 2014 have been restated according to the new structure and are attached to this release.

Main change:

Kemira's sodium percarbonate business, previously a part of ChemSolutions segment, has been transferred to Paper segment.

Figures for Q1 2013 - Q1 2014 on Kemira Group level, Oil & Mining and Municipal & Industrial segments have not been changed.

The January-June 2014 Interim report will be published on July 22, 2014

Additional Info

  • About

    Kemira is a global chemicals company serving customers in water-intensive industries. We provide expertise and chemicals that improve our customers' water, energy and raw material efficiency. Our focus is on pulp & paper, oil & gas, mining and water treatment. In 2013, Kemira had annual revenue of EUR 2.2 billion and around 4,500 employees. Kemira shares are listed on the NASDAQ OMX Helsinki Ltd.
    www.kemira.com

    Restated segment information
    Restated segment information

  • Contacts

    Kemira Oyj
    Tero Huovinen, VP, Investor Relations
    +358 10 862 1980

Published in financial News

kem zelKemira announced its decision to issue a bond of EUR 200 million on March 20, 2014. The bond matures on March 27, 2019 and carries a fixed annual interest of 2.500 percent.

The Finnish Financial Supervisory Authority has today approved the listing prospectus of the bond. The prospectus is available in English on the company's website at http://www.kemira.com/investors.

NASDAQ OMX Helsinki Ltd. is expected to admit the bond to public trading as of
May 30, 2014.

Nordea Markets and Pohjola Markets acted as lead managers for the transaction. White & Case acted as the legal adviser for the transaction.

Additional Info

  • About

    Kemira is a global chemicals company serving customers in water-intensive industries. We provide expertise and chemicals that improve our customers' water, energy and raw material efficiency. Our focus is on pulp & paper, oil & gas, mining and water treatment. In 2013, Kemira had annual revenue of EUR 2.2 billion and around 4,500 employees. Kemira shares are listed on the NASDAQ OMX Helsinki Ltd.
    www.kemira.com

  • Contacts

    For more information, please contact
    Kemira Oyj
    Petri Castrén, CFO
    +358 40 532 7639

    Tuomas Kivimäki, VP, Treasury
    +358 10 862 1778

    Tero Huovinen, VP, Investor Relations
    +358 10 862 1980

Published in financial News

kem zelKemira has been selected as a supplier of sodium chlorate to Klabin's new 1.5 million ton pulp mill in Paraná, Brazil. Sodium chlorate is used as a component in the bleaching process, an important process step in the manufacturing of bleached pulp.

Kemira will build, own and operate a sodium chlorate plant, which is expected to increase Kemira's annual capital expenditure by some 15%-25% in 2014-2015 compared to 2013 capital expenditure of EUR 135 million, depending on the exact timing of the project build-out. Kemira's sodium chlorate plant is scheduled to begin production during the first half of 2016. The plant will employ around 30 people.

"Kemira is a global leader in the production and supply of chemicals for the pulp and paper industry and has the most comprehensive offering for pulp production. This project strengthens our capabilities to serve the growing demand for pulping chemicals in the South American market", says Billy Ford, Senior Vice President, Paper, The Americas.

Klabin was founded in 1899 and operates 16 mills (15 in Brazil and one in Argentina), targeting markets such as packaging paper and board, corrugated packaging, and industrial bags producers. The new pulp mill in Brazil is the largest investment in Klabin's history and will double the company's production capacities.

Additional Info

  • About

    Kemira is a global chemicals company serving customers in water-intensive industries. We provide expertise and chemicals that improve our customers' water, energy and raw material efficiency. Our focus is on pulp & paper, oil & gas, mining and water treatment. In 2013, Kemira had annual revenue of EUR 2.2 billion and around 4,500 employees. Kemira shares are listed on the NASDAQ OMX Helsinki Ltd.
    www.kemira.com

  • Contacts

    For more information, please contact

    Kemira Oyj
    Billy Ford, SVP, Paper, Americas
    +1 404 661 9336

    Tero Huovinen, VP, Investor Relations

    +358 10 862 1980

Published in South American News

kem zelKemira Oyj has on May 5, 2014 closed the acquisition of BASF's global AKD emulsion business announced on February 27, 2014. AKD is an alkyl ketene dimer based sizing agent, which impacts paper and board hydrophobicity or water resistance. The acquisition strengthens Kemira's position in offering sizing products for the paper industry especially on the continental European market.
 
The parties have agreed not to disclose financial details of the agreement.

Additional Info

  • About

    Kemira is a global chemicals company serving customers in water-intensive industries. We provide expertise and chemicals that improve our customers' water, energy and raw material efficiency. Our focus is on pulp & paper, oil & gas, mining and water treatment. In 2013, Kemira had annual revenue of EUR 2.2 billion and around 4,500 employees. Kemira shares are listed on the NASDAQ OMX Helsinki Ltd.
    www.kemira.com

  • Contacts

    Kenneth Nystén
    SVP, RBU Paper EMEA
    Tel: +49 151 5440 7955
    kenneth.nysten@kemira.com

Published in European News

Kemira logoAs transformation drives the market in Europe, Kemira continues to commit to the paper industry. The company strives to support growth in the stagnant market of Europe, by focusing especially on packaging & board and tissue.

“Kemira sees Continental Europe as a key growth area in EMEA”, says Kenneth Nysten, SVP, Paper, EMEA. “We continue to provide and develop a leading portfolio of innovative, tailor-made technologies to fulfill the specific needs of our customers and ensure their success in the transformation of the paper industry. To support this, we are launching a campaign for the growth grades of packaging & board and tissue.”

In the core of the campaign are Kemira’s key technologies:

  •          FennoClean D for targeted microbiological control with diagnostic technology
  •          FennoClean PFA for effective and corrosion safe microbe control with no biocide residuals in the final paper
  •          KemFlite for efficient control of hydrophobic substances by combining novel analysis and monitoring tools with the broad deposit control product portfolio
  •          FennoBond for improved strength characteristics in board and tissue production enabling lower quality raw materials and lower basis weight
  •          KemForm Plus for improved formation, dewatering and enhanced ash-loading, and
  •          Fennobind for superior binding strength and reduced binder demand with no negative impact on print quality.

The ways these key technologies and well-engineered chemical phenomena benefit board and tissue makers are illustrated in web-based Board and Tissue Experiences. “Board Experience reveals an in-depth example of what Kemira has to offer through its understanding of pulp and paper industry”, says Antti Matula, Head of Marketing & Product Lines, Paper, EMEA. “It illustrates Kemira’s end-to-end expertise – how the influence of Kemira expertise and chemistry starts from the molecular and fiber level, and improves our customers’ process runnability and end-product quality, all the way to global industry understanding.”

Board Experience is available in www.kemira.com/boardexperience. Tissue Experience will be published in April.

Additional Info

  • About

    Kemira is a global chemicals company serving customers in water-intensive industries. We provide expertise and chemicals that improve our customers' water, energy and raw material efficiency. Our focus is on pulp & paper, oil & gas, mining and water treatment. In 2013, Kemira had annual revenue of EUR 2.2 billion and around 4,500 employees.

    www.kemira.com

  • Contacts

    For more information, please contact:

    Kemira Oyj

    Kenneth Nysten, SVP, Paper, EMEA

    +49 151 5440 7955

    Kemira Oyj

    Antti Matula, Head of Marketing & Product Lines, Paper, EMEA

    +49 171 196 1641

Published in European News

kem zelKemira will implement a price increase of up to 20 % for selected paper colorants in Europe, Middle-East and Africa. The adjustment will be immediately implemented or as the existing contracts allow. The price adjustment is a result of increases in all major cost drivers including raw materials, energy and transportation.

Kemira has continuously rationalized operations and reduced fixed costs, but has now reached a point when a price increase for selected colorants is necessary to secure our position as a strong paper chemicals supplier.

Additional Info

  • About
    Kemira is a global chemicals company serving customers in water-intensive industries. We provide expertise and chemicals that improve our customers' water, energy and raw material efficiency. Our focus is on pulp & paper, oil & gas, mining and water treatment.
    www.kemira.com
  • Contacts
    For more information:
    Harri Eronen
    VP, Sales & Technical Service, Paper EMEA
    Tel. +491 7180 28790
    harri.eronen@kemira.com
Published in financial News
Thursday, 27 February 2014 09:09

Kemira acquires BASF AKD emulsion business

kem zelBASF and Kemira has announced that Kemira will acquire BASF's global alkyl ketene dimer (AKD) emulsion business. The transaction is expected to close in the first half of 2014.

"Kemira is a global leader in paper and pulp chemistry and the leading supplier of sizing products for the paper industry. This acquisition of the AKD emulsion business is one part in implementing our strategy and will further strengthen our possibilities to serve our Paper customers especially on the continental European market", said Kenneth Nystén, Senior Vice President, Regional Business Unit Paper EMEA.

basf logoWith this transaction BASF, the leading supplier of paper chemistry, will further optimize its paper chemicals portfolio in order to focus on customer-oriented products and solutions to improve the efficiency of paper machines and lower the total cost of operation. "In line with our recent announcement we have evaluated all strategic options for the AKD emulsion business and found an excellent partner in Kemira who will ensure a smooth transition and uninterrupted supply of customers", said Andreas Tuerk, Senior Vice President, Paper Chemicals Europe.

The parties have agreed not to disclose financial details of the agreement.

Additional Info

  • About

    BASF is the world's leading chemical company: The Chemical Company. Its portfolio ranges from chemicals, plastics, performance products and crop protection products to oil and gas. We combine economic success with environmental protection and social responsibility. Through science and innovation, we enable our customers in nearly every industry to meet the current and future needs of society. Our products and solutions contribute to conserving resources, ensuring nutrition and improving quality of life. We have summed up this contribution in our corporate purpose: We create chemistry for a sustainable future. BASF had sales of €72.1 billion in 2012 and more than 110,000 employees as of the end of the year. BASF shares are traded on the stock exchanges in Frankfurt (BAS), London (BFA) and Zurich (AN). Further information on BASF is available on the Internet at www.basf.com.

    Kemira is a global chemicals company serving customers in water-intensive industries. We provide expertise and chemicals that improve our customers' water, energy and raw material efficiency. Our focus is on pulp & paper, oil & gas, mining and water treatment. In 2013, Kemira had annual revenue of EUR 2.2 billion and around 4,500 employees. Kemira shares are listed on the NASDAQ OMX Helsinki Ltd.
    www.kemira.com

  • Contacts

    BASF

    Thomas Nonnast
    Corporate Media Relations
    Tel.: +49 30 206 2950-34
    thomas.nonnast@basf.com

    Andrea Hoerdt
    Global Communications Paper Chemicals
    Tel.: +41 61 63-60644
    andrea.hoerdt@basf.com

    Kemira Oyj

    Leena Lie
    SVP, Communications and Corporate Responsibility
    Tel: + 350 40 745 7943
    Leena.lie@kemira.com

    Kenneth Nystén
    SVP, RBU Paper EMEA
    Tel: +49 15154407955
    kenneth.nysten@kemira.com

Published in European News

kem zelKemira will invest in an expansion of facilities and a new reactor capable for multipurpose chemicals production at its Telêmaco Borba plant in the state of Paraná in the Southern Region of Brazil.

"With this two-year, multimillion euro  investment we want to support paper and board production in Brazil by rolling out new technologies. These state of the art technologies  for surface sizing, strength properties  and surface treatment  have been newly launched in Europe and in USA. Kemira will now be launching these in South America", says Hilton Casas, Kemira's head of South America's region.

"This investment supports Kemira's strategy to further strengthen its position as a key supplier of the pulp and paper chemicals in South America."

Kemira is one of the global leaders in the pulp and paper chemicals. The revenue of the Paper segment of Kemira amounts to approximately EUR 1,0 billion.

Additional Info

  • About

    Kemira is a global chemicals company serving customers in water-intensive industries. We provide expertise and chemicals that improve our customers' water, energy and raw material efficiency. Our focus is on pulp & paper, oil & gas, mining and water treatment. In 2013, Kemira had annual revenue of EUR 2.2 billion and around 4,500 employees. Kemira shares are listed on the NASDAQ OMX Helsinki Ltd.
    www.kemira.com

  • Contacts

    For more information, please contact

    Hilton Casas, Region Head Kemira South America
    Tel. +55 11 2189-4904
    e-mail: Hilton.Casas@kemira.com

Published in South American News
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