Kemira Oyj: Kemira acquires Water Elements, LLC in North America
* Reuters is not responsible for the content in this press release.
Kemira Oyj
Press release
September 6, 2010 at 9.30 am (CET+1)
Kemira Oyj, a global water chemistry company, is pleased to announce that it has
acquired through its North American subsidiary Kemira Water Solutions, Inc., Water
Elements, LLC, ("WE") a North American manufacturer of inorganic coagulants for
municipal and industrial water and wastewater treatment.
WE was started in 2007 and has one production plant in Baltimore, Maryland and 2009
revenue of approximately USD 10 million. The parties have agreed not to disclose the
transaction price. WE will be a subsidiary of Kemira Water Solutions, Inc. and will be
integrated into Kemira's Municipal & Industrial business segment in the U.S.
"Kemira is one of the leading suppliers of water treatment chemicals to Municipal,
Industrial, Pulp & Paper, and Oil & Mining customers in North America and we believe
that the acquisition of WE, the Baltimore Plant and related production technology will
enable Kemira to better serve our customers and grow our business in the eastern U.S.,"
says Jay Richey, Vice President, Municipal, Kemira Oyj.
For more information, please contact
Kemira Oyj
Pekka Ojanpää, President, Municipal & Industrial
Phone +358 10 86 21141
Jay Richey, Vice President, Municipal
Phone +863 578 1647
Kemira is a global two billion euro chemicals company that is focused on serving
customers in water-intensive industries. The company offers water quality and quantity
management that improves customers' energy, water, and raw material efficiency. Kemira's
vision is to be a leading water chemistry company.
www.kemira.com http://www.kemira.com/
www.waterfootprintkemira.com http://www.waterfootprintkemira.com/
HUG#1442694
Link to the release (Pdf) http://hugin.info/3008/R/1442694/386937.pdf
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.


Follow Reuters