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1/21/2010 - Press release

Kemira Oyj: The decision to close the Columbus manufacturing site reversed; the site will focus on oil and gas customers

Kemira Oyj

Press Release

January 21, 2010 at 9.00 am

 

The decision to shut down Kemira’s polymer manufacturing site in Columbus has been reversed as the demand for water treatment chemicals in the oil and gas industries is expected to increase. Previously the Columbus site in Georgia USA was primarily serving customers in the paper industry. The operations at the site have now been retooled to offer a tailored product mix to meet the needs of customers in the oil and gas industry.

 

Last year’s decision to shut down the Columbus site was part of the refocusing of Kemira’s paper chemicals business. The offering of paper chemicals is being adapted regionally to local customer needs. Kemira has taken measures over a period of several years to adjust its paper and pulp chemicals operations to the increasingly challenging market in order to strengthen its profitability. Over the last few years, six North American production facilities have been closed.

 

In the oil and gas industries, chemical solutions improve drilling and energy efficiency, reduce waste, and enhance water recycling and oil and gas production.

 

For more information, please contact:

 

Randy Owens, President, Oil & Mining

Tel. +1 770 436 1542

 

Päivi Antola, Senior Manager, IR and financial communications

Tel. +358 10    86 21140

 

 

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.

 

www.kemira.com

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