Kemira Expands Water Treatment Business
Year:2008 ISSUE:28
COLUMN:M & A, BUSINESS & TRADE
Click:193    DateTime:Oct.07,2008
Kemira Expands Water Treatment Business   

Kemira announced on September 3rd the company acquires a water treatment chemicals company in Shandong province, eastern China to further strengthen its presence in China. The acquisition will be carried out through a new fully owned subsidiary of Kemira taking over the assets of an existing privately owned company called Zibo Huaqing Water Purifying Products Company Ltd.
   Zibo Huaqing Water Purifying Products mainly manufactures PAC in both liquid and solid format to meet the needs in the industrial water treatment, with the employees about 50 people. Kemira plans to expand the business to the municipal sector. The current annual capacity of these products is 20 000 tons of solid and 30 000 tons of liquid, which will be enlarged after the acquisition. The company is also producing iron based coagulants.
   Kemira has been present on the Chinese water treatment market since 1999. Besides China, Kemira has water treatment chemicals sales in many countries in Asia.