Kemira to sell its Kokkola sulphuric acid plant to Boliden Kokkola Oy

Friday, 30. April 2010 08:41
Kemira Oyj
Press release
April 30, 2010 at 9.40 (CET+1)

Kemira is selling its sulphuric acid plant in Kokkola, Finland, to Boliden
Kokkola Oy. The business and a staff of about 20 persons will be transferred to
Boliden Kokkola on May 1, 2010. Kemira will continue chemical terminal
operations in Kokkola including services to Boliden Kokkola Oy.

The transaction does not have any significant impact on either company's
financial figures, and the parties have agreed not to disclose the transaction
price.

- In accordance with its strategy, Kemira focuses on products and solutions for
water-intensive industries, such as pulp and paper, oil and mining, municipal
and other industrial water treatment. Sulphuric acid continues to be an
important raw material for us in Finland, says Petri Helsky, head of Paper
Segment.

Boliden will have the entire sulphur refining chain in Kokkola. Sulphur dioxide
is a by-product in the production of zinc, and it is refined into sulphuric acid
for several industrial purposes. So far, Boliden Kokkola has sold sulphur
dioxide gas to Kemira, and Kemira has refined it to sulphuric acid. The
production capacity of the Kokkola sulphuric acid plant is approx. 300 000 tons
per year.

Additional information:
Kemira Oyj
Jarmo Savolainen, Senior Vice President
Customer Segment Pulp
Mobile: +358 (0)40 559 6710



Kemira is a global two billion euro chemicals company that is focused on serving
customers in water-intensive industries. The company offers water quality and
quantity management that improves customers' energy, water, and raw material
efficiency. Kemira's vision is to be a leading water chemistry company.

www.kemira.com
www.waterfootprintkemira.com


[HUG#1410376]





Link to the release (Pdf): http://hugin.info/3008/R/1410376/362938.pdf
Related Links: Kemira Oyj
Author:
Hugin
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