Kemira

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Kemira Oyj
Type Julkinen osakeyhtiö (OMXKRA1V)
Industry Chemicals
Founded 1920
Headquarters Helsinki, Finland
Key people Jukka Viinanen (Chairman), Wolfgang Büchele (President and CEO)
Products Chemicals for fibre treatment, water treatment and separation
Revenue €2.161 billion (2010)[1]
Operating income €156.1 million (2010)[1]
Profit €110.9 million (2010)[1]
Total assets €2.544 billion (end 2010)[1]
Total equity €1.366 billion (end 2010)[1]
Employees 4,935 (end 2010)[1]
Website www.kemira.com
Kemira headquarters in Helsinki

Kemira Oyj (OMXKRA1V) is a chemical industry group that consists of three main segments. Kemira is headquartered in Helsinki, Finland.

Kemira’s main shareholder is Oras Invest Oy and its owners, members of the Paasikivi family. Its former main owner, the State of Finland, sold the largest part of its holding to Finnish investors in August 2007. After the sale transaction Oras Invest holds 17.1% and the State of Finland holds 16.5% of Kemira's shares.

Harri Kerminen, President and CEO has acted as the Group’s Managing Director since January 1, 2008. The Group's Deputy CEO is Dr. rer. nat. Wolfgang Büchele.

Members of the Board of Directors as of March 16, 2010

  • Jukka Viinanen, Chairman, b. 1948, M.Sc. (Tech)
  • Jari Paasikivi, vice chairman, b. 1954, M.Sc. (Econ.)
  • Elizabeth Armstrong, b. 1947, Ph.D.
  • Juha Laaksonen, b. 1952, B.Sc. (Econ.)
  • Kerttu Tuomas, b. 1957, B.Sc. (Econ.)
  • Winnie Fok, b. 1956, Bachelor of Commerce

In June 2008 Kemira announced its strategy which focuses on water and fiber management chemistry. Kemira’s segments focusing water intensive industries are Paper, Municipal & Industrial and Oil & Mining.

Kemira became the world's biggest provider of the pulp and paper chemicals after its acquisition of the pulp and paper chemical operations of Lanxess. In 2009 Kemira’s Paper segment’s market area is global and it’s second in pulp and paper chemicals worldwide. Paper segment is further divided into four customer segments: Pulp, Printing & Writing, Packaging & Board and Tissue & Specialties. Municipal & Industrial segment is divided into Municipal Water and Industrial Water customer segments. Also Municipal & Industrial segment’s market is global and it’s #2 in coagulants and #5 in flocculants worldwide. Oil & Mining segment was launched in June 2008 to develop businesses in the oil, gas and mining industries. It is divided into Oil & Gas, Minerals & Metals and Formulation Technology customer segments. Oil & Mining segment has a global market area, in which it is #1 in coagulants and #3 in flocculants worldwide.

ChemSolutions sells chemical products and services to food, feed, pharmaceutical and chemical industries. In September 2008 a joint venture was created which combines Kemira's titanium dioxide business, formerly known as Kemira Pigments operating in Pori, Finland and Rockwood's titanium dioxide pigments and functional additives business. Kemira owns 39% of the company, which operates as Sachtleben.

Kemira’s customers:

  • Pulp & paper industries
  • Municipal water treatment
  • Industrial water treatment
  • Oil & gas industries
  • Mining industry
  • Pharmaceutical industry
  • Detergent & cleaning industries
  • Feed industry
  • Food industry
  • Other selected industries

Kemira was originally a state chemical company, producing fertilizer. However, the corporation expanded, and the fertilizer division was separated into Kemira GrowHow, which was later acquired by and consolidated into Yara International. In 1972, Kemira bought the paint manufacturer Tikkurila, but divested of it in 2010 by distributing the shares as dividend to its shareholders.

Short videoclip about Kemira Headquarters in Helsinki, Finland: Media:kemira.ogg

References[edit]

  1. ^ a b c d e f "Annual Results 2010". Kemira. Retrieved 10 February 2011. 

External links[edit]