Autodesk Water
Connecting Waterpeople
Autodesk Water Webinar Series returns: 10 Oct, 15:30 CEST

You are here

Kemira forms a joint venture in South Korea

  • Kemira forms joint venture in South Korea

About the entity

Kemira
Improving the water, energy and raw material efficiency in pulp & paper, oil & gas, mining and water treatment.

Themes

Kemira has signed an agreement to establish a joint venture – Kemira Yongsan Chemicals Co. Ltd (“NewCo”) in Ulsan, Republic of Korea, with Yongsan Chemicals, a privately-owned chemicals company in South Korea. 

Forming a joint venture in South Korea is an important step in expanding Kemira’s presence in Asia Pacific and driving profitable growth in the region. NewCo will produce dry polyacrylamide (“DPAM”), cationic monomer Q9 (“AMD”) and other chemicals, which are used for retention and drainage in packaging and paper production, as well as in wastewater treatment and in sludge dewatering. 

With the NewCo’s production site, Kemira will provide customers premium quality DPAMs supported by backward integrated high-quality AMDs. This ensures a sustainable and cost-effective manufacturing capability, effectively fulfilling customer needs and requirements. It is also an important addition to balance the increasing demand for Kemira’s dry polymers globally. 

“The joint venture accelerates our strategy and strengthens our position as a leading global polymer producer. It supports Kemira’s future growth, especially in Asia pacific region by providing additional polymer capacity, securing our capacity utilization and supporting our customers better with our global delivery capability”, says Nichlas Kavander, SVP, Pulp & Paper, APAC.

Kemira’s will make a multi-million investment in the joint venture and will have 35% minority share of the established company. 

Subscribe to our newsletter

Topics of interest

The data provided will be treated by iAgua Conocimiento, SL for the purpose of sending emails with updated information and occasionally on products and / or services of interest. For this we need you to check the following box to grant your consent. Remember that at any time you can exercise your rights of access, rectification and elimination of this data. You can consult all the additional and detailed information about Data Protection.