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Kemira

Kemira Oyj
Julkinen osakeyhtiö (Nasdaq HelsinkiKRA1V)
Industry Chemicals
Founded 1920; 97 years ago (1920)
Headquarters Helsinki, Finland
Key people
Jari Paasikivi (Chairman of the Board of Directors), Jari Rosendal (President and CEO)
Products Chemicals for fibre treatment, water treatment and separation
Revenue Increase €2.373 billion (2015)
Decrease €133 million (2015)
Profit Decrease €71 million (2015)
Total assets Increase €2.595 billion (end 2015)
Total equity Increase €1.180 billion (end 2015)
Number of employees
Increase 4,685 (end 2015)
Website www.kemira.com

Kemira Oyj (Nasdaq HelsinkiKRA1V) is a chemical industry group that consists of three main segments. Kemira is headquartered in Helsinki, Finland.

Kemira’s main shareholder is Oras Invest Oy and its owners, members of the Paasikivi family. Its former main owner, the State of Finland, sold the largest part of its holding to Finnish investors in August 2007. After the sale transaction Oras Invest holds 17.1% and the State of Finland holds 16.5% of Kemira's shares.

Jari Rosendal, President and CEO has acted as the Group’s Managing Director since May 1, 2014. The Group's Deputy CEO is Group General Counsel Jukka Hakkila.

Members of the Board of Directors as of March 23, 2015

Kemira has three segments Pulp & Paper, Municipal & Industrial and Oil & Mining focusing on water intensive industries. Kemira aims to improve its customers’ water, energy and raw material efficiency.

Kemira became the world's biggest provider of the pulp and paper chemicals after its acquisition of the pulp and paper chemical operations of Lanxess. In 2009 Kemira’s Paper segment’s market area is global and it is second in pulp and paper chemicals worldwide. Paper segment is further divided into four customer segments: Pulp, Printing & Writing, Packaging & Board and Tissue & Specialties. Municipal & Industrial segment is divided into Municipal Water and Industrial Water customer segments. Also Municipal & Industrial segment’s market is global and it is #2 in coagulants and #5 in flocculants worldwide. Oil & Mining segment was launched in June 2008 to develop businesses in the oil, gas and mining industries. It is divided into Oil & Gas, Minerals & Metals and Formulation Technology customer segments. Oil & Mining segment has a global market area, in which it is #1 in coagulants and #3 in flocculants worldwide.

Kemira’s customers:

Kemira was originally a state chemical company, producing fertilizer. However, the corporation expanded, and the fertilizer division was separated into Kemira GrowHow, which was later acquired by and consolidated into Yara International. In 1972, Kemira bought the paint manufacturer Tikkurila, but divested of it in 2010 by distributing the shares as dividend to its shareholders.


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