Breaking News

Holland Takes 1-0 Lead Over Brazil in World Cup Runner-up Match
Tweet TWEET

Kemira Oyj : Kemira to start co-determination negotiations and plans to transfer Vaasa's production into other production units

   Kemira Oyj : Kemira to start co-determination negotiations and plans to
           transfer Vaasa's production into other production units

Kemira Oyj
Press Release
April 23, 2013 at 2.30 pm (CET+1)

Kemira is planning to consolidate its paper chemicals production into larger
production units and to close its production facility in Vaasa, Finland. The
objective is to optimize the capacity utilization rate and efficiency of
Kemira's process chemicals production network. The annual cost savings for the
planned site closure are expected to reach EUR 5 million and the related
non-recurring restructuring charges are expected to be approximately EUR 15
million.

Kemira Chemicals Oy will initiate co-determination negotiations during April
aiming at closing the production in Vaasa by the end of 2013. The planned
measures may lead to the reduction of the entire Vaasa production staff,
altogether 60 positions.

For more information, please contact

Kemira Oyj
Kenneth Nysten, SVP, Regional Business Unit Paper, EMEA
tel. +358 (0)50 4099294

Anna-Kaisa Säkkinen, Sr Manager, External Communications
tel. +358 (0)10 86 21756 

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 2012, Kemira had annual revenue of EUR 2.2
billion and around 4,900 employees. Kemira shares are listed on the NASDAQ OMX
Helsinki Ltd.
www.kemira.com

Link to the 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#1695081