Kemira, NIB sign €90-million loan agreement

Finland’s Kemira Oyj and the Nordic Investment Bank (NIB) have signed a €90- million loan agreement for Kemira’s completed expansion of chlorate production in Joutseno, Finland as well as R&D investments during 2016-2019.

The line started up in autumn 2017 and, based on Kemira’s proprietary in-house technology, has significantly increased the site’s current sodium chlorate capacity. Sodium chlorate is the raw material for chlorine dioxide (ClO2) produced on-site at pulp mills and is the primary bleaching agent for kraft pulp.

Kemira’s R&D programme during 2016-2019 focuses on developing more sustainable solutions for improving the water, energy and raw material efficiency of customers in various sectors, including pulp and paper. In addition, Kemira has collaboration programmes with other companies and universities and research centres, including Aalto University, the Technical Research Centre of Finland and the University of Copenhagen.

www.kemira.com

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