Kemira to increase prices for selected alkyl ketene dimer wax-based sizing products in Asia-Pacific by 10%-30%, due to rise in raw material costs, energy expenses, logistics and regulatory compliance requirements

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September 15, 2023 (press release) –

Kemira Oyj, Press Release, September 15, 2023, at 9.00 am (EEST)

Kemira will implement a price increase of 10-30% for selected AKD (alkyl ketene dimer) wax-based sizing products in APAC. The price adjustment will be implemented immediately or as the existing contracts allow.

The decision is triggered by cost increases for major raw materials, energy, logistics and HSE regulatory compliance requirements. AKD wax is the main raw material for AKD sizing products.

Kemira remains committed to mitigating the impact of these challenging market conditions while providing the highest quality products and services and ensuring smooth deliveries to its customers.

For more information, please contact:

Kemira Oyj
Nichlas Kavander, SVP, Pulp & Paper, APAC
Tel. +86 185 2131 9966

Zhao Hua, Director, Sales, AKD wax, Pulp & Paper, APAC
Tel. +86 159 2100 5826

For media relations, please contact:

Kemira Oyj
Terhi Kivinen, Chief Communications Officer
Tel: +358 408484001

Kemira is a global leader in sustainable chemical solutions for water-intensive industries. We provide the best-suited products and services to improve our customers’ product quality, process, and resource efficiency. Our focus is on pulp & paper, water treatment, and energy sectors. In 2022, Kemira had annual revenue of around EUR 3.6 billion and around 5,000 employees. Kemira shares are listed on the Nasdaq Helsinki Ltd.

Current status of managers’ shareholdings in Kemira shares:

Board of Directors

Manager Position Security Ownership
Kähkönen Matti Chair of the Board Share 18,511
Paasikivi Annika Vice Chair of the Board Share 4,421
Sejersgård Fanø Tina Member of the Board Share 3,010
Fuhrmann Werner Member of the Board Share 5,890
Lappalainen Timo Member of the Board Share 16,929
Lopes Larsen Fernanda Member of the Board Share 1,330
Pullola Kristian Member of the Board Share 4,281
Staffas Mikael Member of the Board Share 1,330

Management Board

Manager Position Security Ownership
Castrén Petri Interim President & CEO Share 56,140
Hildebrandt Linus Member of the Management Board Share 0
Pixton Matthew Member of the Management Board Share 33,032
Pohjolainen-Hiltunen Tuija Member of the Management Board Share 24,179
Puputti Esa-Matti Member of the Management Board Share 44,831
Salminen Antti Member of the Management Board Share 71,666
Salonen Eeva Member of the Management Board Share 71,420
Hakkila Jukka Other person discharging managerial responsibilities Share 102,687

Transaction history in the last 12 months

Date Manager Ownership Security Transaction Change +/-
19/05/2023 Lopes Larsen Fernanda Own Share Remuneration +1,330
09/05/2023 Sejersgård Fanø Tina Own Share Remuneration +1,330
09/05/2023 Fuhrmann Werner Own Share Remuneration +1,330
09/05/2023 Kähkönen Matti Own Share Remuneration +3,019
09/05/2023 Lappalainen Timo Own Share Remuneration +1,714
09/05/2023 Paasikivi Annika Own Share Remuneration +1,714
09/05/2023 Pullola Kristian Own Share Remuneration +1,330
09/05/2023 Staffas Mikael Own Share Remuneration +1,330
02/03/2023 Castrén Petri Own Share Remuneration +9,900
02/03/2023 Hakkila Jukka Own Share Remuneration +7,700
02/03/2023 Pixton Matthew Own Share Remuneration +7,700
02/03/2023 Puputti Esa-Matti Own Share Remuneration +7,700
02/03/2023 Salminen Antti Own Share Remuneration +13,750
02/03/2023 Salonen Eeva Own Share Remuneration +7,700

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