Kemira Oyj : Kemira strengthens global polymer product line, positioning for future growth Kemira Oyj Press Release January 22, 2013 at 14 pm (CET+1) Kemira Oyj announced today that it has reached two milestones in the execution of its long-term growth path. Kemira signed a licensing agreement with geographical exclusivity with Mitsui Chemicals, Inc. for acrylamide manufacturing technology, and has completed a substantial capacity expansion for three sites in North America, increasing its manufacturing capacity by 60%. This will strengthen Kemira's polymer product line globally. Polymers are core to Kemira's water technology platform and also play a significant role in growing applications like water reuse, wastewater treatment, rheology control and shale fracturing. The exclusive licensing agreement for acrylamide manufacturing technology signed with Mitsui Chemicals, Inc. enables Kemira to produce high-quality acrylamide monomer. Acrylamide is the key building block for polymers used in applications in the paper, oil, gas, and mining industries and in municipal water treatment. The proprietary acrylamide bio-process uses bio-catalysts, which reduce energy requirements in the manufacturing process when compared to using traditional copper catalysts. In addition, Kemira has completed a two-year, multi-million euro capacity expansion project at its polymer production plants in North America, effective this month. This has resulted in a 60% increase in manufacturing capacity at the company's Mobile, Alabama; Columbus, Georgia; and Longview, Washington production sites. "We view this proactive approach as an investment for our customers and in the industries Kemira serves," says Randy Owens, President, Kemira Oil & Mining. "We are excited about these steps that will support the growth of our business. With the new manufacturing technology we are able to reduce the environmental impact of our operations, while also meeting the challenging needs of our customers to improve efficiency, productivity and water management." For more information, please contact Kemira Oyj Randy Owens, President, Oil & Mining Phone + 1 800 347 1542 Leena Lie, Senior Vice President, Communications & Public Affairs Phone +358 10 862 1153 Kemira is a global over two-billion euro water chemistry 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. www.kemira.com www.waterfootprintkemira.com Link to the press release (.pdf) ------------------------------------------------------------------------------ This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: Kemira Oyj via Thomson Reuters ONE HUG#1672029
Kemira Oyj : Kemira strengthens global polymer product line, positioning for future growth
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