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09-06-2010: Outotec Oyj and Kemira Oyj have signed a strategic cooperation agreement to develop, promote and support the companies' businesses in mining applications and oil sands processing as well as associated industrial water treatment solutions.
The Outotec and Kemira cooperation utilizes the research programs of SWEET, the Center of Water Efficiency Excellence, which Kemira established together with VTT (Technical Research Centre of Finland) in March, 2010. The SWEET research programs aim to develop unique water knowledge and new technology, which helps to enhance the water usage and recycling in the water-intensive industries and thus to create new business opportunities for companies in the environmental technology sector. The research center supports Kemira's strategic target to become a leading water chemistry company.
"The strategic cooperation with Outotec is strongly supporting our target to grow and to expand geographical presence within mining applications and oil sands processing related industries. The jointly crafted business model is backing up the cooperation which we believe will benefit both companies as well as customer organizations across the industry", says Harri Kerminen, President and CEO, Kemira Oyj.
"The strategic cooperation with Kemira will strengthen our water-related businesses and enable us to offer new value-adding technologies and services to our customers. We have expertise in water treatment of minerals processing and metallurgical plants, and our aim is to further expand our offerings to new industrial water treatment applications. This a great opportunity for Outotec to create new revenue streams", says Pertti Korhonen, President and CEO, Outotec Oyj.
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