IHS Chemical Week

Regions :: Western Europe :: Finland

Kemira plans further restructuring, announces financial targets for 2016

2:58 PM MDT | May 20, 2013 | —Ian Young

Kemira has announced several major restructuring measures and issued profitability and sales targets for 2016. The measures are in addition to the company’s Fit for Growth restructuring program, details of which were announced in mid-2012. Fit for Growth targets an Ebit margin of at least 10% in 2014 compared with 1.5% in 2012. The latest measures include permanent closure of Kemira’s site at Vaasa, Finland, by the end of 2013 with the likely loss of 60 jobs. The closure is expected to lead to annualized cost savings of €5 million ($6.4 million)...

This information is only available to Chemical Week subscribers.


Forgot your user ID or password?
Click here to have it sent to you.

Not an IHS Chemical Week member yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine in print or digital format
  • Critical daily news and analysis on chemweek.com
  • Free mobile edition 
  • 20+ years of online archives
  • Topical e-newsletters that capture the most impactful events
  • Special issues with a regional or company focus
  • Global Outlook issue

Subscribe now

100% Satisfaction Guarantee
If at any time you are not completely satisfied with IHS Chemical Week, simply notify us and we'll refund the balance of your paid subscription - no problem.

Learn more about group subscriptions and site licenses.


contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2015 IHS, Inc. All rights reserved. Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa