Kemira acquires Water Elements, LLC in North America
(Thomson Reuters ONE) -
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
www.waterfootprintkemira.com
[HUG#1442694]
Link to the release (Pdf):
http://hugin.info/3008/R/1442694/386937.pdf
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Source: Kemira Oyj via Thomson Reuters ONE
Unternehmensinformation / Kurzprofil:
Datum: 06.09.2010 - 08:30 Uhr
Sprache: Deutsch
News-ID 41271
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contact information:
Town:
Helsinki
Kategorie:
Business News
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