IHS Chemical Week

Chemical Week Magazine :: Business & Finance :: Europe/Mideast

Kemira plans further restructuring, announces financial targets for 2016

1:26 PM MDT | May 21, 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.

Risk Free Trial

Email Address

First Name

Last Name

Click here to register and get your RISK-FREE access to chemweek.com

Not an IHS Chemical Week
24/7 member yet?

Here's why you should be:

  • Searchable online archive access of the last 2 years of Chemical Week.
  • Print or digital magazine subscription
  • Price and market change alerts
  • Economic data and statistics
  • Buyers' Guides
  • Webcasts | whitepapers




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