Kemira announces acquisition of SimAnalytics, expanding its services offering with data-driven predictive services, machine learning; combination of Kemira's chemistry with SimAnalytics offers unique solution to water treatment, paper and board industries

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January 25, 2023 (press release) –

Kemira Oyj, Press release, January 25, 2023 at 9.00am (EET)

Kemira strengthens services offering by acquiring advanced process optimization start-up SimAnalytics

Kemira announced in August 2021 its investment in SimAnalytics and has now acquired the rest of the business. With the acquisition, Kemira strengthens its capability to support its customers’ business with data-driven predictive services and machine learning solutions.

“Services are an integral part of our growth strategy, and this acquisition is a logical step forward in the strategy execution. We are dedicated to serving our customers with future-proof solutions and services that enable profitable, efficient, and sustainable business. SimAnalytics has for years been one of our key partners for developing digital services for paper and board production. Now we can continue, accelerate, and expand the collaboration, also to benefit the other industries Kemira serves,” states Antti Pirneskoski, Director of Services Business Line, Pulp & Paper, at Kemira.

The two companies have collaborated since 2019 and, as a result, today offer a commercialized digital service, Kemira KemConnect Harmonizer, that helps paper and board mills run production more efficiently, with less disruptions and saving raw materials, energy and water. The unique combination of Kemira’s chemistry and application expertise and SimAnalytics’ capabilities creates transparency and predictability in complex production processes, where chemistry plays a key role. Kemira is currently broadening this service offering also for its water treatment customers.

This is a natural step for SimAnalytics after many years of collaboration with Kemira. As a part of the Kemira family, we can implement our vision of sustainable, safe, and cost-efficient future of industrial production faster,” states Mikko Jääskeläinen, Managing Director of SimAnalytics.

SimAnalytics employes 12 people in Finland and had a turnover of less than million euros in 2022. There will be no changes to SimAnalytics’ operational business, and the founders/employees will continue with the business.

For more information, please contact:

Kemira Oyj
Mikko Pohjala, VP, Investor Relations
Tel. +
358 40 838 0709

Kemira is a global leader in sustainable chemical solutions for water intensive industries. We provide best suited products and expertise to improve our customers’ product quality, process and resource efficiency. Our focus is on pulp & paper, water treatment and energy industry. In 2021, Kemira had annual revenue of around EUR 2.7 billion and around 5,000 employees. Kemira shares are listed on the Nasdaq Helsinki Ltd. 


Current status of Kemira managers’ holdings in Kemira shares:

Board of Directors

Manager Position Security Ownership
Kähkönen Matti Chair of the Board Share 15,492
Paasikivi Annika Vice Chair of the Board Share 2,707
Büchele Wolfgang Member of the Board Share 15,583
Cunningham Shirley Member of the Board Share 8,744
Fuhrmann Werner Member of the Board Share 4,560
Lappalainen Timo Member of the Board Share 15,215
Pullola Kristian Member of the Board Share 2,951
Sejersgård Fanø Tina Member of the Board Share 1,680

Management Board

Manager Position Security Ownership
Rosendal Jari Chief Executive Officer (CEO) Share 169,069
Castrén Petri Member of the Management Board Share 46,240
Pixton Matthew Member of the Management Board Share 25,332
Puputti Esa-Matti Member of the Management Board Share 37,131
Salminen Antti Member of the Management Board Share 57,916
Salonen Eeva Member of the Management Board Share 63,720
Waelput Wido Member of the Management Board Share 7,176
Hakkila Jukka ​Other person discharging managerial responsibilities Share 94,987

Transaction history
Last 12 months

Date Manager Ownership Security Transaction Change +/-
10/05/2022 Büchele Wolfgang Own Share Remuneration +1,680
10/05/2022 Cunningham Shirley Own Share Remuneration +1,680
10/05/2022 Fuhrmann Werner Own Share Remuneration +1,680
10/05/2022 Kähkönen Matti Own Share Remuneration +3,696
10/05/2022 Lappalainen Timo Own Share Remuneration +2,184
10/05/2022 Paasikivi Annika Own Share Remuneration +2,184
10/05/2022 Pullola Kristian Own Share Remuneration +1,680
10/05/2022 Sejersgård Fanø Tina Own Share Remuneration +1,680
04/03/2022 Castrén Petri Own Share Remuneration +8,514
04/03/2022 Hakkila Jukka Own Share Remuneration +6,622
04/03/2022 Pixton Matthew Own Share Remuneration +6,622
04/03/2022 Poulsen Kim Own Share Remuneration +11,825
04/03/2022 Puputti Esa-Matti Own Share Remuneration +6,622
04/03/2022 Rosendal Jari Own Share Remuneration +18,920
04/03/2022 Salminen Antti Own Share Remuneration +11,825
04/03/2022 Salonen Eeva Own Share Remuneration +6,622
17/02/2022 Kähkönen Matti Own Share Acquisition +5,000
15/02/2022 Rosendal Jari Own Share Acquisition +5,000
15/02/2022 Paasikivi Jari Own Share Acquisition +16,000
14/02/2022 Rosendal Jari Own Share Acquisition +4,349
23/09/2021 Poulsen Kim Own Share Disposal -8,500

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