World News and Views :: Top of the News
Kemira Plans Capacity Cuts and Site Closures
2:23 AM MST | December 18, 2008 | Natasha Alperowicz
Kemira says it will reduce capacity and close sites making polymers for paper chemicals under a new restructuring program designed to save an annualized €10 million ($13.4 million) during 2009 and 2010. This is in addition to a global cost savings program announced earlier this year, which will save more than €50 million/year and involves 1,000 job cuts, accounting for 20% of the group total, excluding the Tikkurila paints business. Jyrki Maki-Kala, Kemira's CFO tells CW that the target is to permanently close some of the sites...
This information is only available to Chemical Week subscribers.
Forgot your user ID or password?
Not an IHS Chemical Week member yet?
Here's why you should be:
100% Satisfaction Guarantee