Kemira rgb negPetri Helsky, President of Paper segment and Asia Pacific region will leave Kemira to take up the position of CEO of Metsä Tissue Corporation.

Petri Helsky will continuein his current position and as a member of Kemira's Management Board latest until the end of June 2015. Kemira has started the process of finding a successor to lead the Paper segment and the Asia Pacific region.

"I want to thank Petri for his achievements in a number of leadership positions in Kemira since 2007. I wish him best of success with his new challenges", said Jari Rosendal, Kemira's President and CEO.

For more information, please contact


Kemira Oyj
Jari Rosendal, President and CEO
Tel. +358 10 862 1801

Leena Lie, SVP, Communications and Corporate Responsibility
Tel. +358 10 862 1153

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

Kemira is a global chemicals company serving customers in water-intensive industries. We provide expertise, application know-how 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

Published in European News

Logo slogan belowThe Board of Directors of Kemira Oyj has decided to establish a new long-term share-based incentive plan directed to a group of key employees in Kemira. The aim of the new plan is to combine the objectives of the shareholders and the persons participating in the plan in order to increase the value of Kemira, to commit the participants to Kemira, and to offer them a competitive reward plan based on earning Kemira's shares. 

The new Performance Share Plan includes three performance periods, calendar years 2015, 2016 and 2017. The Board of Directors of Kemira will decide on the Plan's performance criteria and on the required performance levels for each criterion at the beginning of each performance period. The potential reward of the Plan from the performance period 2015 will be based on the Kemira Group's revenue and on the Group's operative EBITDA margin.

The potential reward from the performance period 2015 will be paid partly in Kemira's shares and partly in cash in 2016. The cash proportion is intended to cover taxes and tax-related costs arising from the reward to the participant. As a rule, no reward will be paid, if a participant's employment or service ends before the reward payment.

The shares paid as reward may not be transferred during the restriction period, which will end two years from the end of the performance period. Should a participant's employment or service end during the restriction period, as a rule, he or she must gratuitously return the shares given as reward.

The Board of Directors recommends that a member of the Management Board will own such number of Kemira's shares that the total value of his or her shareholding corresponds to the value of his or her annual gross salary as long as the membership continues. If this recommendation is not yet fulfilled, the Board of Directors recommends that a member of the Management Board will hold 50 per cent of the net number of shares given on the basis of this plan also after the end of the restriction period, as long as his or her shareholding in total corresponds to the value of his or her annual gross salary.

The Performance Share Plan is directed to approximately 90 people. The rewards to be paid on the basis of the 2015 earning period of the Performance Share Plan correspond to the value of an approximate maximum total of 585,000 Kemira Oyj shares and additionally the cash proportion intended to cover taxes and tax-related costs.

Kemira Oyj
Board of Directors

For more information, please contact

Kemira Oyj

Jukka Hakkila, Group General Counsel

Tel. +358 10 862 1690

Tero Huovinen, VP, Investor Relations

Tel. +358 10 862 1980                                   

Kemira is a global chemicals company serving customers in water-intensive industries. We provide expertise, application know-how 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

Published in financial News
Tuesday, 16 December 2014 07:40

Changes in Kemira Oyj's management

Logo slogan belowPresident of Kemira's Paper segment Petri Helsky, M.Sc. (Chem. Eng.), M.Sc. (Econ.), will assume a second role as the President of the Asia Pacific Region as of January 1, 2015. Petri Helsky continues to be a member of the Kemira Management Board and reports to President and CEO Jari Rosendal in these roles. He is based in Hong Kong.

Joe Chan, EMBA, is appointed President, China as of January 1, 2015. In his new role, Joe Chan continues to drive profitable growth in the Chinese market. Joe will report to Petri Helsky, President of Paper Segment and APAC Region. He is based in Shanghai.

These changes in Kemira's management are made to support the announced preliminary agreement to acquire AkzoNobel's paper chemical business, which will double Kemira's Paper business in Asia Pacific. The intended transaction was announced in July 8, 2014 and is expected to be closed in the first quarter of 2015.

For more information, please contact

Kemira Oyj
Leena Lie, SVP, Communications and Corporate Responsibility
+358 10 862 1153

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

Published in European News

Kemira celebrated the completion of the company’s new Nanjing production base. Over 200 distinguished guests were invited to witness this historical moment, including Marja Joenusva, Consul General of the Republic of Finland, and Jari Rosendal, President and CEO at Kemira, senior officials from the Nanjing government, Kemira’s clients, media representatives and company staff.

2014-11-28 214403

The Nanjing plant is located in the Nanjing Chemical Park, Jiangsu Province. Kemira’s already completed and future investments into the plant will amount to approximately USD 100 million in an area of 77,000㎡. It will provide a wide range of functional and process chemicals for water-intensive industries such as the paper industry. The estimated annual capacity is 100,000 tons. The first phase operations provide nearly 100 jobs for the local community. After the ground breaking in September, 2011, the construction was completed in August 2013, and the production started in the end of 2013.

The new plant is equipped with cutting-edge facilities offering the highest quality, featuring a high degree of automation and use of sophisticated IT-systems in the production process. The plant operations are supported by Kemira’s global expert teams with strong R&D capabilities, the Asia-Pacific R&D Center in Shanghai and local laboratories. The plant conforms to the highest EHS (environment, health and safety) standards in the industry, striving to be a leader in the sustainable development of China’s chemical industry.

Kemira’s new plant is focused on the Asian market, China in particular. Production will be mainly serving the paper industry, while at the same time providing products and services to the oil & mining industry and municipal water treatment. Currently there are five production lines serving across an array of chemical products for pulp and paper manufacturing. The production capacity for sizing agent (ASA), which mainly used for improving water-resistance in middle to high end paper, will be the largest in Asia.

Besides ASA products, the new plant also produces polyacrylic ester, polyacrylamide emulsion, defoamers, and deinking agents, all of which are widely applied in key paper manufacturing processes.

“This investment is an important move for Kemira to strengthen its position in China and promote sustainable development in the paper industry,” said Jari Rosendal, President and CEO of Kemira. He further noted, “As a global chemicals company focused on serving the water intensive industries, Kemira has consistently helped clients to create more value by providing expertise, application know-how and tailored chemicals for improving our customers’ water, energy and raw material efficiency. Here in China and Asia-Pacific, we see huge business potential for us especially in serving the paper industry. We demonstrated our commitment to this industry and the region recently by announcing the acquisition of AkzoNobel’s global paper chemical business. This alone will double the size and scope of our business in the Asia-Pacific region.”

Joe Chan, President of Asia-Pacific Region at Kemira, commented: “Kemira always endeavors to provide the water-intensive industries with the best possible service and support. To further satisfy the needs of Asian and local Chinese customers, and to differentiate ourselves to gain a competitive edge, we need to constantly work on technological innovation, provide a comprehensive range of products and deliver the finest professional technical service. The completion of our new plant in Nanjing will undoubtedly raise the quality standards of our local products and service. We also hope it would develop into a leading benchmarking enterprise in China’s chemical industry, contributing to the production and operating standards in the industry.”

Published in Asian News

Kemira rgb negKemira will implement a price increase of up to 20% for selected Fennosize products globally. The adjustment will be immediately implemented or as the existing contracts allow. The price adjustment is a result of very tight global olefin supply. Linear α-olefin is the main raw material for ASA-products. 

For more information:

Alexander Wahl
Global Marketing Manager Sizing
Tel. +43 664 1822127
alexander.wahl@kemira.com

Kemira is a global chemicals company serving customers in water-intensive industries. We provide expertise, application know-how 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

Published in financial News

Kemira rgb negKemira will make a multimillion investment in a production line expansion of process and functional chemistries at San Giorgio site in Italy. The production starts in the beginning of the year 2015 and reaches the full production capacity by the end of March, 2015.

"San Giorgio investment secures us a sustainable and cost effective manufacturing capability and we can effectively fulfill our customer needs and requirements in terms of strength aids and tissue specialties", says Roberto Zulian, Manager, Business Development, EMEA. "The strategic location of the plant ensures our ability to efficiently serve all the major European tissue and board customers, especially in Italy, Germany, Eastern European countries, Turkey and the Middle East."

The investment includes two separate production lines for anionic and cationic products which will produce FennoBond strength chemistries for tissue and also board customers. FennoBond technologies enhance tissue paper dry and wet tensile, and are most typically used for home towel, napkin and handkerchief consumer products. The key Kemira products include FennoBond 3300E, FennoBond 46 and FennoBond 85E.

"Kemira's San Giorgio investment is an important step in becoming a significant supplier for the tissue industry in EMEA region", says Antti Matula, Head of Marketing & Product Lines, Paper, EMEA. "This investment ensures delivery of high quality products to Kemira's valued customers."

For more information, please contact

Kemira Oyj
Roberto Zulian, Manager, Business Development, EMEA
+39 335 603 9824


Antti Matula, Head of Marketing & Product Lines, Paper, EMEA
+49 171 196 1641

Kemira is a global chemicals company serving customers in water-intensive industries. We provide expertise, application know-how 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.

Published in European News

Logo slogan belowDue to the growing demand for pulp chemicals in Finland, Kemira has decided to make a multi-million euro investment in its hydrogen peroxide plant in Oulu. The improved efficiency and operational capabilities will enable Kemira to serve pulp and paper producers even better in the future.

Kemira continues to commit to the pulp and paper industry in Europe also by investigating other bleaching chemical investment needs to support the pulp and paper industry and the announced future pulp mill expansions.

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:
    Kasper Lindroos
    Marketing Manager, Pulp Chemicals

    Tel. +358 50 5001 908
    kasper.lindroos@kemira.com

Published in European News

2014-08-20 073553 kemira logo 2014Kemira Oyj and Wilmar International Limited announced on November 1, 2013 the signing of a joint venture agreement between the subsidiaries of Kemira and Wilmar ("JVA") for the manufacture of AKD (alkyl ketene dimer) wax in China.

Kemira and Wilmar have now mutually agreed to terminate the JVA because of changes to their commercial objectives.

About Wilmar

www.wilmar-international.com

Wilmar International Limited, founded in 1991 and headquartered in Singapore, is today Asia's leading agribusiness group. Wilmar is ranked amongst the largest listed companies by market capitalization on the Singapore Exchange.

Wilmar's business activities include oil palm cultivation, oilseed crushing, edible oil refining, sugar milling and refining, specialty fat, oleochemical, biodiesel and fertilizer manufacturing and grain processing. At the core of Wilmar's strategy is a resilient integrated agribusiness model that encompasses the entire value chain of the agricultural commodity processing business, from origination and processing to branding, merchandising and distribution of a wide range ofagricultural products. It has over 450 manufacturing plants and an extensive distribution network covering China, India, Indonesia and some 50 other countries. The Group is backed by a multinational workforce of about 90,000 people.

Wilmar's portfolio of high quality processed agricultural products is the preferred choice of the food manufacturing industry, as well as the industrial and consumer food catering businesses. Its consumer-packed products occupy a leading share in its targeted markets. Through scale, integration and the logistical advantages of its business model, Wilmar is able to extract margins at every step of the value chain, thereby reaping operational synergies and cost efficiencies. Wilmar remains a firm advocate of sustainable growth and is committed to its role as a responsible corporate citizen.

Additional Info

  • About

    About Kemira

    www.kemira.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.

  • Contacts

    For more information, please contact

    Kemira Oyj
    Leena Lie, Senior Vice President, Communications and Corporate Responsibility

    Tel +358 40 745 7943

    Tero Huovinen, Vice President, Investor Relations

    Tel. +358 10 862 1980

    Wilmar International Limited

    Iris Chan, Corporate Communications

    Tel. +65 6216 0870

    iris.chan@wilmar.com.sg

    Lim Li Chuen, Investor Relations

    Tel. +65 6507 0592

    lim.lichuen@wilmar.com.sg

Published in Asian News

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
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