Kemira provides update on restated segment information for 1Q 2014 and FY 2013

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Kemira provides update on restated segment information for 1Q 2014 and FY 2013

June 09, 2014 - 23:38
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HELSINKI, June 10, 2014 (Press Release) -On March 6, 2014, Kemira closed the divestment of formic acid business, including the feed and the airport runway de-icing product lines, which had formed the major part of ChemSolutions segment.

After the closure, the remaining sodium percarbonate business in ChemSolutions segment was transferred to Paper segment and ChemSolutions segment was discontinued as of the beginning of Q2 2014.

The figures for Q1 2013-Q1 2014 have been restated according to the new structure and are attached to this release.

Main change:

Kemira's sodium percarbonate business, previously a part of ChemSolutions segment, has been transferred to Paper segment.

Figures for Q1 2013 - Q1 2014 on Kemira Group level, Oil & Mining and Municipal & Industrial segments have not been changed.

The January-June 2014 Interim report will be published on July 22, 2014.