Kemira

Kemira Oyj
Julkinen osakeyhtiö (OMX: KRA1V)
Industry Chemicals
Founded 1920
Headquarters Helsinki, Finland
Key people
 Jari Paasikivi (Chairman of the Board of Directors), Jari Rosendal (President and CEO)
Products Chemicals for fibre treatment, water treatment and separation
Revenue €2,229 billion (2013)[1]
Profit €-32 million (2013)[1]
Total assets €2,211 billion (end 2013)[1]
Total equity €1,126 billion (end 2013)[1]
Number of employees
 4,453 (end 2013)[1]
Website www.kemira.com
Kemira headquarters in Helsinki

Kemira Oyj (OMX: KRA1V) 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.

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.[2]

Members of the Board of Directors as of March 24, 2014[3]

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 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.

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:

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. ↑ 1.0 1.1 1.2 1.3 1.4 "Financial figures 2013". Kemira Oyj. Retrieved 23 July 2014.
  2. ↑ Kemira's President and CEO, Kemira.com
  3. ↑ Kemira Board of Directors, Kemira.com

External links