Oil & Gas Market Recovery and Performance Update
Oil & Gas: Sequential recovery in shale
continued
Market environment in Q1 2021
•
Shale: sequential market recovery continued
•
In oil sands tailings, customer treatment season to
begin during Q2 2021. CEOR* end market expected to
be solid in 2021.
Kemira performance in Q1 2021
•
.
Oil & Gas revenue -24% y-o-y; sequential recovery in
overall Oil & Gas revenue
Clear improvement in shale revenue sequentially. Not
able to fully capture market recovery due to raw
material shortages following exceptionally cold weather.
REVENUE DEVELOPMENT
EUR million
87
77
73
66 62
66
56
52
46
41
27
Q1 Q2 Q3 Q4 Q1
2018
Q2 Q3
2019
38
38
40
40
III
Q4 Q1 Q2 Q3 Q4 Q1
2020
2021
Kemira APRIL 27, 2021
INVESTOR PRESENTATION
*CEOR, chemical enhanced oil recovery
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