Kemira’s target for average annual organic growth has been changed to over 4% (previously: above-the market growth), and the operative EBITDA margin target has been increased to 18–21% (previously 15–18%).
Dendrochemistry
The new production line will be fully operational in October 2024.
The new capacity will be operational towards the end of 2025.
Evonik and Steinbeis Papier join forces to reduce CO2 emissions in recycled paper.
After use, the bedding can be spread on arable land, increasing the soil's carbon stock. Similar wood fibre-based raw materials developed by Soilfood are already used as soil improvement fibres.
The new investment, designed in partnership with a long-term customer in Brazil, significantly increases Nouryon’s total sodium chlorate capacity available to the market, and supports the growing pulp and paper industry in the region.
This acquisition strengthens SaintGobain’s presence in the high-growth Mexican and Central American markets.
Kemira will move to a customer solution-based organization with three new customer-facing business units: Water Solutions, The Packaging & Hygiene Solutions, and The Fiber Essentials. Kemira will also establish a centralized Operations unit that includes e.g. Kemira’s manufacturing network.
The capacity increase of over 10% will be operational in the last quarter of 2024.
This will be the first commercial kraft lignin plant in Sweden and the largest in the world.
Södra to become the largest producer of kraft lignin in the world.
Scheduled to be commissioned in 2026, the plant will have the capacity to produce tannins for millions of square metres of leather.
Carin Eklund takes over as CFO on July 15, and OrganoClick's current CFO Jessica Sundborg will leave the company 21 of August.
Kemira's revenue is expected to be between Euro 2,800 million and Euro 3,200 million in 2024 (reported 2023 revenue: Euro 3,383.7 million).