OUTOTEC OYJ PRESS RELEASE, SEPTEMBER 3, 2010 AT 9.00 AM
Outotec and Kemira to enter strategic cooperation in developing solutions for water-intensive industrial applications
Outotec Oyj and Kemira Oyj have signed a strategic cooperation agreement to develop, promote and support the companies' businesses in minerals and oil sands processing as well as associated industrial water treatment solutions.
Kemira offers a large selection of chemicals and process solutions for the oil and mining industries. Outotec is the global leader in minerals and metals processing technology. This cooperation is combining Outotec's competence in minerals and oil sands processing technology with Kemira's know-how in water chemistry and related applications to offer customers process optimization enabling cost-efficiency, sustainability and quality improvements.
The Outotec and Kemira cooperation utilizes the research programs of SWEET, the Center of Water Efficiency Excellence, which Kemira established together with Technical Research Centre of Finland in March, 2010. The SWEET research programs aim to develop unique water knowledge and new technology to enhance the water usage and recycling in water-intensive industries and thus to create new business opportunities for companies in the environmental technology sector.
"The strategic cooperation with Kemira will strengthen our water-related businesses and enable us to offer new value-adding technologies and services to our customers. We have expertise in water treatment of minerals processing and metallurgical plants, and our aim is to further expand our offerings to new industrial water treatment applications. This is a great opportunity for Outotec to create new revenue stream", says Pertti Korhonen, President and CEO of Outotec.
"The strategic cooperation with Outotec is strongly supporting our target to grow and to expand geographical presence within mining applications and oil sands processing related industries. The jointly crafted business model is backing up the cooperation which we believe will benefit both companies as well as customer organizations across the industry", says Harri Kerminen, President and CEO of Kemira.
For further information please contact:
Kari Knuutila, Chief Technology Officer
Tel. +358 20 529 2009, +358 40 779 9566
Eila Paatela, Vice President - Corporate Communications
tel. +358 20 529 2004, +358 400 817 198
Kemira is a global two billion euro chemicals company that is focused on serving customers in water-intensive industries. The company offers water quality and quantity management that improves customers' energy, water, and raw material efficiency. Kemira's vision is to be a leading water chemistry company.
Outotec develops and provides technology solutions for the sustainable use of natural resources. As the global leader in minerals and metals processing technology, Outotec has developed over decades several breakthrough technologies. The company also offers innovative solutions for industrial water treatment, the utilization of alternative energy sources and for the chemical industry. www.outotec.com