September 2, 2015 at 9.00 am (CET+1)
Kemira has acquired certain assets of Soto Industries, LLC, a privately owned company, headquartered in Charlotte, North Carolina.
Soto specializes in the application of scale control products, defoamers, and settling agents for the pulp and paper industry. Kemira is a leading chemicals supplier serving the global pulp and paper industry.
“The Soto Industries, LLC acquisition is another example of Kemira’s dedication to the pulp and paper industry as well as Kemira’s commitment to execute our global growth strategy via continued investment into our Paper segment,” says Billy Ford, Senior Vice President, Paper segment, Americas.
The transaction does not have material impact on Kemira’s financial figures and the parties have agreed not to disclose the transaction price.
For more information, please contact
Billy Ford, Senior Vice President, Paper segment
Tel. +1 770 436 1542
Kemira is a global chemicals company serving customers in water-intensive industries. We provide expertise, application know-how and chemicals that improve our customers’ water, energy and raw material efficiency. Our focus is on pulp & paper, oil & gas, mining and water treatment. In 2014, Kemira’s annual revenue was EUR 2.1 billion and we employed approximately 4,250 people. Kemira shares are listed on the NASDAQ OMX Helsinki Ltd.