Stock Exchange Release
May 9, 2014 at 9.00 am (CET+1)
Kemira has been selected as a supplier of sodium chlorate to Klabin’s new 1.5 million ton pulp mill in Paraná, Brazil. Sodium chlorate is used as a component in the bleaching process, an important process step in the manufacturing of bleached pulp.
Kemira will build, own and operate a sodium chlorate plant, which is expected to increase Kemira’s annual capital expenditure by some 15%-25% in 2014-2015 compared to 2013 capital expenditure of EUR 135 million, depending on the exact timing of the project build-out. Kemira’s sodium chlorate plant is scheduled to begin production during the first half of 2016. The plant will employ around 30 people.
“Kemira is a global leader in the production and supply of chemicals for the pulp and paper industry and has the most comprehensive offering for pulp production. This project strengthens our capabilities to serve the growing demand for pulping chemicals in the South American market”, says Billy Ford, Senior Vice President, Paper, The Americas.
Klabin was founded in 1899 and operates 16 mills (15 in Brazil and one in Argentina), targeting markets such as packaging paper and board, corrugated packaging, and industrial bags producers. The new pulp mill in Brazil is the largest investment in Klabin’s history and will double the company’s production capacities.
For more information, please contact
Kemira Oyj
Billy Ford, SVP, Paper, Americas
+1 404 661 9336
Tero Huovinen, VP, Investor Relations
+358 10 862 1980
Kemira is a global chemicals company serving customers in water-intensive industries. We provide expertise and chemicals that improve our customers’ water, energy and raw material efficiency. Our focus is on pulp & paper, oil & gas, mining and water treatment. In 2013, Kemira had annual revenue of EUR 2.2 billion and around 4,500 employees. Kemira shares are listed on the NASDAQ OMX Helsinki Ltd.
www.kemira.com