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Kemira Oyj Kemira Group Press release July 24, 2008 at 11.00 am (CET+1)
The expansion of Kemira's formic acid plant in Oulu has completed and taken in use. The expansion enables Kemira's total production capacity to be increased by 30 percent to over 100,000 t/a.
The expansion was performed on the existing formic acid units and involved technological improvements and energy savings. More tank capacity was also built in the Oulu harbour to ensure uninterrupted shipments to customers.
Kemira is the global leader in organic acid derivative production and marketing and the second largest producer of formic acid. "With this investment in Oulu, Kemira will further strengthen its position on the market and meet the market needs", says Petri Helsky, Senior Vice President, SBU ChemSolutions.
Formic acid is very biodegradable and can be used in many applications in place of more hazardous chemicals. The main markets of formic acid are leather, textile, pharmaceuticals and chemicals industries as well as agriculture.
Kemira produces formic acid and its derivatives in Oulu, Finland and organic acid derivatives in Tiel, the Netherlands.
For more information, please contact
Kemira Oyj Juha Kangastalo, Oulu Site Manager Mobile +358 (0)400 168 972
Petri Helsky, Senior Vice President, SBU ChemSolutions Mobile +31 344 639 110
Kemira will be a focused company, the best in water and fiber management chemistry.
In 2007, Kemira recorded revenue of approximately EUR 2.8 billion and had a staff of 10,000. Kemira operates in 40 countries.
