Kemira

Finnish chemicals company
  • Jari Paasikivi (Chairman)
  • Jari Rosendal (President and CEO)
  • Petri Castrén (CFO)
ProductsChemicals for fibre treatment, water treatment and separationRevenue
  • Decrease €2.363 billion (2016)
  • €2.373 billion (2015)
  • Increase €147 million (2016)
  • €133 million (2015)
Net income
  • Increase €92 million (2016)
  • €71 million (2015)
Total assets
  • Increase €2.621 billion (2016)
  • €2.595 billion (2015)
Total equity
  • Decrease €1.170 billion (2016)
  • €1.180 billion (2015)
Number of employees
Increase 4,818 (end 2016)Websitewww.kemira.comFootnotes / references
[1][2]

Kemira Oyj (Nasdaq Helsinki: KEMIRA) 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, Oras Invest holds 17.1% and the State of Finland holds 16.5% of Kemira's shares.

Jari Rosendal, President and CEO has acted as the Group's Managing Director since May 1, 2014. The Group's Deputy CEO is Group General Counsel Jukka Hakkila.[3]

Members of the Board of Directors as of March 23, 2015[4]

  • Jari Paasikivi, Chairman, b. 1954, M.Sc. (Econ.)
  • Kerttu Tuomas, Vice Chairman, b. 1957, B.Sc. (Econ.)
  • Winnie Fok, b. 1956, Bachelor of Commerce
  • Juha Laaksonen, b. 1952, B.Sc. (Econ.)
  • Timo Lappalainen, b. 1962, M.Sc. (Eng)
  • Wolfgang Büchele, b. 1959, Dr. rer.nat.

Kemira has three segments Pulp & Paper, Municipal & Industrial and Oil & Mining focusing on water-intensive industries. Kemira aims to improve its customers' water, energy and raw material efficiency.

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 is 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 is #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.

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:Exterior of the Kemira building, Helsinki (2006).ogg

References

  1. ^ http://www.kemira.com/SiteCollectionDocuments/investors/interim-reports/2016/kemira-q4-2016-investor-presentation.pdf
  2. ^ http://www.nasdaqomxnordic.com/shares/microsite?Instrument=HEX24292&symbol=KEMIRA&name=Kemira%20Oyj
  3. ^ Kemira's President and CEO, Kemira.com
  4. ^ Kemira Board of Directors, Kemira.com

External links

  • Official website
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OMX Helsinki 25 companies of Finland
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Companies listed in Nasdaq Helsinki
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International
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Other
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