Kemira Oyj is a Finland-based company that focuses on water and fiber management chemistry. It is operational through three principal business segments. The Paper segment produces chemicals for pulp cooking and bleaching, paper machines, water treatment, paper fillers and coating pigments. The Water segment manufactures water treatment chemicals, including coagulants used for the chemical-biological treatment of sludge. The Oil and Mining segment supplies products for the oil and mining industries and customized manufacture. In addition, Kemira’s subsidiary Tikkurila offers a product range consisting of decorative paints and coatings for the wood and metal industries in approximately 40 countries. The Company’s ChemSolutions business encompasses the production of organic acids and salts. Kemira Oyj operates through its subsidiaries in 40 countries worldwide.
Quick Financial Synopsis
BRIEF: For the nine months ended 30 September 2009, Kemira Oyj's total revenue decreased 15% to EUR1.92B. Net income for the period increased 10% to EUR73.4M. Total revenue reflects lower sales in the Paper & Pulp-, Oil & Mining- and Tikkurila business segments due to deteriorated market conditions. Net income for the period benefited from decreased depreciation- and impairment charges and a lower loss from net financial items.