General
Kemira to wind up operations in Russia
The company had announced a decision to discontinue deliveries to Russia and Belarus on March 1, 2022 due to the Russian military attack in Ukraine
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By ICN Bureau | May 09, 2022
Kemira Oyj has exited Russian market and closed down its local operations. The company had announced a decision to discontinue deliveries to Russia and Belarus on March 1, 2022 due to the Russian military attack in Ukraine and has now proceeded with exit preparations.
The full completion of the process will take some time due to the local process and legal requirements.
The company has 45 employees in Russia. In 2021, Russia represented around 3% of Kemira’s total revenue with a main focus on Pulp & Paper sector.
