Kemira Oyj halts deliveries to Russia and Belarus
Global chemicals company Kemira Oyj has announced they will discontinue deliveries to Russia and Belarus from March 1st, 2022 until further notice due to the ongoing situation in the region.
Headquartered in Finland, Kemira serves customers in water-intensive industries. The company employs more than 5,000 people and the company generates annual revenues in excess of €2.5 billion.
The decision to discontinue deliveries will primarily impact pulp and paper customers in Russia. In 2021, Russia represented around 3% of Kemira’s total revenue.
Yesterday, it was reported that Finland was debating joining NATO after a petition calling for a referendum reached 50,000, in response to Russia’s invasion of Ukraine. This is despite Russia threatening Finland with military and political consequences.