Kemira Oyj has on October 1, 2013, closed the acquisition of 3F Chimica S.p.A (3F), a privately owned chemical company headquartered in Sandrigo, Italy.
3F produces dry and emulsion polyacrylamide polymers and related process chemicals. 3F products are used in retention and drainage in paper production, in drilling, extraction and stimulation in the oil & gas industry, in production optimization in the mining industry as well as in wastewater treatment and sludge dewatering. 3F polymer production is supported by backward integrated key intermediates, such as bio-acrylamide and cationic monomers. The acquisition includes two manufacturing sites in Italy (San Giorgio and Sandrigo) and one manufacturing site in USA (Aberdeen, Mississippi). In 2013, revenues of 3F are expected to be approximately EUR 75 million.
For Kemira this acquisition is an important step towards the strategic growth objectives. It secures our position as a leading global polymer producer and even a stronger partner for our customers around the world.
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>> Kemira closes the acquisition of 3F Chimica S.p.A