Kemira expands water treatment chemicals business in China
Kemira Oyj has signed a contract with the shareholders of Chongqing Lanjie Tap water Materials Co.,Ltd to acquire 80% of its shares in China. The new name of the company will be Kemira Water Solutions (Chongqing) Co.,Ltd. The company is a producer of inorganic coagulants and organic polymers for water treatment in the municipality of Chongqing, located in central China. Its main client base is in the local potable water production. The company's current revenue, in the range of two million Euro annually, is expected to grow rapidly in the years to come. Besides growing market in the potable water area the company will be targeting industrial waste water and municipal sewage treatment sectors as well.
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