Gateway to Russia
 RUSSIA IN FACTS
24 April 2003 08:40
WATER TREATMENT CHEMICAL COMPANY IN ST PETERSBURG TO KEMIRA OWNERSHIP
Kemira has started up water treatment chemical production in St Petersburg. According to the agreement signed between the two companies earlier on, the overall transfer to Kemira of the Russian Open Joint Stock Company NPF Pigment's production plant has now taken place. Kemira plans to develop the plant's current production and will also construct a new production line for water treatment chemicals in St Petersburg. The total value of the deal and the investment will come up to about EUR 10 million. The agreement is in continuation to Kemira's water treatment chemical exports to Russia started in the 1990's. The plant in St Petersburg produces 70,000 tonnes per year liquid aluminium sulphate, which is almost entirely used for the treatment of St Petersburg's drinking water. "GUP Vodokanal Sankt Peterburga, the city's waterworks, is Kemira's most important Russian customer in water treatment chemicals. After we have completed the planned extension to our existing capacity, Kemira will head for all the water supply markets in north-western Russia, in addition to our current activity in the St Petersburg area", says Mr Hannu Luhtala about the marketing views. Kemira has completed the engineering design for the construction of the second production line, where Kemira plans to process locally ferrous sulphate produced as a co-product at the titanium dioxide pigment plant in Pori, Finland. It will be a further positive aspect that Nordic know-how and total synergy can be tapped into the water supply in north-western Russia by leading the sludge formed in drinking water production to the wastewater treatment plant, where it is useful for waste water treatment. Kemira is also looking into possiblities of expanding its product range in St Petersburg to include other water treatment chemicals, e.g. polyaluminium chloride. The water treatment chemicals business is among Kemira's strategic areas of focus. In coagulants Kemira now ranks as the biggest supplier globally. Further growth is expected in the areas of chemical-biological solutions. In 2002, Kemira's water treatment chemical business had net sales of about EUR 200 million and production in over 30 countries. For further information: Kemira Kemwater Hannu Luhtala Tel. +46 42 171 471 GSM +46 737 191 471
[CAIW [Corporate Announcements Intelligence Wire]]
Subscription to the daily news digest
Click here to subscribe to the daily news digest.
You will be able to choose your own topics of interest.
Your e-mail address will be kept confidential and will be used exceptionally for sending you this digest.

MOST POPULAR ARTICLES

The war Against Terror: Task Force 121`s Big Catch
Russians to face inflation shock in January.
The Ideal Thermometer
The game against the dollar continues; Corporate bonds grow again
The Poisoned Tree
A case of selective justice and a bad precedent
A Challenge to the Authorities
Money for ideas

MORE OF THE LATEST NEWS

Russian Party of Life to propose its own presidential candidate
Adzhar leader rules out participation in Georgian presidential elections
Mobile networks facing overload
Army to continue guarding Russia`s interests
Rightist leader to run for president
Moldova: Transnistrian problem in deadlock without Russia
3G communications to emerge in Russia
Results of Duma elections to be canceled

RESEARCH DOCUMENTS

Investment Attractiveness Rating of Regions New!
Expert 200
Ratings of Audit Companies
Profiles of Russian Companies
Privatization, Competitive Environment
and Effectiveness of Management. Report synopsis.

top        Send article by e-mail
Get more info about Russia

Contact Us

© Copyright Gateway to Russia 2003

The site is created and administrated by Expert Group within the framework of exclusive contract with the Financial Times