Kemira has updatee its mid-term financial targets and expects its revenue to be EUR 2.7 billion in 2017 with an operative EBITDA margin of 15%. Previous target was for revenue to be between EUR 2.6 billion - 2.7 billion in 2016 with an operative EBITDA margin of 15%. Gearing target has not changed and is expected to remain below 60%.
BRUSSELS, July 1, 2014 (PPI Magazine) - The 3rd editors' tour of Finland took place in late March. Sponsored by Pulp and Paper Technology Finland and led by Teppo Koski, TEKO Consulting, the Teppo Tour as it has come to be called visited 15 businesses in five days.
HELSINKI, July 18, 2014 (Press Release) - Customer needs, sustainability and continuous learning shape Kemira's product development. Fennobind is a step towards more cost-efficient paper production.Read more
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:Read more
HELSINKI, May 6, 2014 (Press Release) -Kemira Oyj has on May 5, 2014 closed the acquisition of BASF's global AKD emulsion business announced on February 27, 2014. AKD is an alkyl ketene dimer based sizing agent, which impacts paper and board hydrophobicity or water resistance. The acquisition strengthens Kemira's position in offering sizing products for the paper industry especially on the continental European market.
The parties have agreed not to disclose financial details of the agreement.