Kemira increases formic acid capacity in Oulu

25-Jul-2006
Kemira will invest EUR 10 Million in formic acid production in Oulu, Finland. Kemira's total production capacity will be increased by 25.000 t/a to over 100.000 t/a. The expansion will be done in the present formic acid units and involves technological improvements and energy savings. The new capacity will come on-stream step-wise by the end of 2007. In accordance with the Group's strategy Kemira advances in the value chain moving towards products with added value, says Harri Kerminen, President of Kemira's Performance chemicals business area. Kemira produces formic acid and its derivatives in Oulu, Finland and organic acid derivatives in Tiel, the Netherlands and in Barcelona, Spain.

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