Oil & Gas Market Recovery and Performance Update slide image

Oil & Gas Market Recovery and Performance Update

Upcoming investments will further strengthen our long-term performance BLEACHING EXPANSION IN URUGUAY . Multi-year agreement with UPM-Kymmene includes bleaching capacity to existing Fray Bentos mill as well as new 2.1 million ton pulp mill in Paso de los Toros. Expansion of both sodium chlorate and hydrogen peroxide at the existing Fray Bentos chemical island site The extension will support long-term growth in bleaching, one of Kemira's strategic focus areas Financial contribution expected as of 2023, investments to take place in 2021-2022 SOUTH KOREA . • Joint Venture with Yongsan Chemicals, Kemira minority shareholder Polymer investment in a growing market; efficiency improvement from backward- integration Premium dry polymer products: paper and packaging mills in APAC and water treatment facilities as end customers Will support strengthening competitive position in APAC Scheduled opening in H1 2021, ramp-up by the end of 2021. INVESTMENT AROUND USD 30 MILLION Kemira APRIL 27, 2021 INVESTOR PRESENTATION EQUITY INVESTMENT AROUND EUR 5 MILLION 35
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