Kemira acquires Akzo Nobel's iron coagulant business in the Nordic countries

Kemira Oyj
Press Release
September 23, 2009 at 13.30 pm (CET+1)

 

Kemira and Akzo Nobel have reached an agreement whereby Kemira will take over Akzo Nobel’s iron coagulant sales and supply in the Nordic countries (Sweden, Norway and Denmark). Iron coagulants are used in water treatment. The transaction represents approximately 20% of the Swedish iron coagulant markets. The parties have agreed not to disclose any financial details about the agreement which will be in force starting from November 2, 2009.

 

Kemira and Akzo Nobel will ensure an uninterrupted supply to the customers. The supply of iron coagulant products will be done from Kemira’s Helsingborg site in Sweden.

 

“Kemira has a local presence in over 40 countries and a competitive manufacturing network. We are a market leader in coagulants in North America, Europe and Brazil. This acquisition is part of our strategy to enforce our market position. By enforcing our presence in the Nordic countries we can serve our municipal and industrial customers even better”, says the head of the Industrial customer segment Hannu Virolainen.

 

 

Kemira Oyj

Hannu Virolainen, Senior Vice President, Industrial customer segment

Mobile phone: +358 50 500 4001

 

Leena Lie, Vice President, Communications

Mobile phone: +358 40 745 7943

 

Kemira is a global 2.8 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. Its paints and coatings business Tikkurila, aims to be the market leader in decorative paints and selected wood and metal coatings in chosen markets.