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
[HUG#1375153]
Link to the release (Pdf.): http://hugin.info/3008/R/1375153/337396.pdf
