KEMIRA ACQUIRES ITALIAN AGECO’S FERRIC CHLORIDE PRODUCTION

09-Aug-2001
Kemira has acquired the Italian corporation Ageco’s ferric chloride production facility in Cremona. The annual capacity of the facility is 25,000 tonnes. The production facility will be part of Kemira’s Italian subsidiary, Kemira Chimica SpA. Ferric chloride is primarily used as a coagulant in public utility and industrial water-treatment/order_t/'>water treatment. All of the Cremona facility’s output is used for the production of potable water and water treatment. The ferrous raw material used in production is provided by the ISP steel mill in Cremona. The deal now closed will reinforce Kemira’s position as a coagulant producer in Italy and surrounding countries. “There is an increasing need in most parts of the world to improve water treatment. This acquisition fits therefore perfectly with our strategic ambitions in southern Europe”, says Lennart Johansson, President, SBU Kemwater. The deal is in line with the Kemira Group strategy whereby water treatment is listed as a growth area. Kemira is the world’s largest producer of coagulants for water treatment, and Kemwater has 30 production facilities world-wide. In addition to water treatment, Kemira’s other areas of growth are pulp and paper chemicals and paints, with other areas of focus being specialty fertilizers and industrial chemicals. The Kemira Group has net sales of EUR 2,486 million (2000) and 9,644 employees.

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