Finnish chemicals company Kemira announced plans to consolidate some of its pulp & paper chemical production in North America, resulting in the closure of a manufacturing site in Vancouver, Canada. The Vancouver site produces process and functional chemicals for the pulp & paper segment.
In a move to enter the activated carbon market for micropollutants removal, Finnish chemicals company Kemira has agreed to purchase Norit’s UK reactivation business from Purton Carbons. The deal is expected to close in the third quarter of2024. Financial details of the deal were not disclosed.
In a move to focus on its core businesses, Finnish chemicals company Kemira has signed an agreement to divest its oil and gas-related portfolio for €260 million to Sterling Specialty Chemicals, a US subsidiary of Artek Industries, a global industrial chemicals group based in India.
Kemira’s board of directors has decided to evaluate strategic options for its oil & gas business, including a potential sale. The Helsinki-headquartered company is reported to have engaged international investment bank Stifel as advisor.
Kemira has agreed to sell its colorants dye business to Chromascape, a US-based specialty colorants and additives supplier.
Finland’s Kemira has launched a new division, called its Growth Accelerator unit, to drive the company’s long-term growth for selected strategic initiatives.
Finnish chemicals company Kemira has entered into a multi-year license and supply agreement with US biopolymer manufacturer Danimer Scientific to commercialize bio-based barrier coatings for paper and board products.
Finnish chemicals company Kemira is evaluating a possible closure of its site in Pierre-Bénite, near Lyon in France. The site, which employs 13 people, produces ferric chloride and different grades of polyaluminium chloride, and was part of Kemira’s acquisition of Arkema’s water treatment business in 2007.
Following the start of pre-engineering in May, Kemira has confirmed that it is adding extra production capacity for alkenyl succinic anhydride (ASA) sizing agent in China. The Finnish company is making a multi-million investment in a third production line at its site in Nanjing, Jiangsu province – it did not disclose capacity details.
Kemira is expanding capacity of water treatment chemicals in Yanzhou, China, as it progresses its growth strategy in Asia-Pacific.
Kemira and DuPont Nutrition and Biosciences have joined forces to develop and commercialize new, tailored biomaterials and bio-based chemicals based on DuPont’s biotechnology platform, which is at the advanced pilot stage and ready to be scaled up globally.
Finnish chemicals company Kemira has formed an exclusive partnership with US-based Danimer Scientific to develop biodegradable aqueous barrier coatings for the paper and board industry.
