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Effective June 16th, 2008, Kemira Group will raise prices globally significantly across its entire product portfolio. The increases will in some cases exceed 25%. The increases will reflect the increase of costs on a geographical basis and will vary by product. "Costs for raw materials, energy and transportation have continued to increase, and no relief is expected in the near future, states Kemira's President and CEO Harri Kerminen. "Under these conditions our only choice is to implement product price increases, while we will continue to take all measures to keep costs under control to minimize the impact on our customers."
For more information, please contact
Kemira Pulp&Paper Jyrki Mäki-Kala, President of Kemira Pulp&Paper business area Tel. +358 10 862 1589
Kemira Water Pekka Ojanpää, President of Kemira Water business area Tel. +358 10 862 1141
Kemira Specialty Hannu Virolainen, President of Kemira Specialty business area Tel. +358 10 862 1684
Kemira Coatings Visa Pekkarinen, President of Kemira Coatings business area Tel. +358 9 8577 2260
www.kemira.com
Kemira is seeking to be a group of global and leading chemical businesses with unique positions in selected customer segments. Kemira's four business areas: Kemira Pulp&Paper, Kemira Water, Kemira Specialty and Kemira Coatings provide customers with complete solutions, expertise and premium quality products. Kemira serves the pulp and paper industry, water treatment, paint business and chemical industry.
In 2007, Kemira recorded revenue of approximately EUR 2.8 billion and had a staff of 10,000. Kemira operates in 40 countries.
