MOSCOW (MRC) -- Kemira has acquired a minority share of SimAnalytics, a Finnish start-up known for its advanced process harmony prediction and analysis tool, according to Indian CHEMICAL News.
The partnership strengthens Kemira’s ability to support customers’ business with data-driven predictive analytics, artificial intelligence and machine learning solutions. The two companies have worked together on customer projects involving pulp and paper production processes, which are typically complex and where disruptions are costly.
“SimAnalytics’ Factory Harmonizer tool has proven its capacity to help process operators run their production more efficiently and with less disruptions. Chemistry plays a crucial role in the production health and performance of paper machines and Kemira has been investing in advanced analysis in this field. Joining forces makes perfect sense and will benefit our customers in the industry with transparency, predictability and higher machine efficiency. It is also an investment into both companies’ future growth. Going forward, we may expand this collaboration also to other water-intensive industries we serve,” states Antti Pirneskoski, Director of Application Development at Kemira.
As MRC reported earlier, in September 2020, Kemira signed a multi year extension of its polymer supply agreement with Ithaca Energy. Kemira said it had signed a multiyear extension to its polymer supply agreement with Ithaca Energy (Aberdeen, UK). The agreement extends the contract between the two companies, signed in 2018, covering the supply of polymers to enhance oil extraction performance at one of the assets operated by Ithaca Energy in the UK North Sea.
According to MRC's ScanPlast report, Russia's estimated PE consumption totalled 1,176,860 tonnes in the first half of 2021, up by 5% year on year. Shipments of exclusively low density polyethylene (LDPE) decreased. At the same time, PP shipments to the Russian market were 727,160 tonnes in the first six months of 2021, up by 31% year on year. Supply of homopolymer PP and block-copolymers of propylene (PP block copolymers) increased. Supply of statistical copolymers of propylene (PP random copolymers) subsided.
Kemira is a global leader in sustainable chemical solutions for water intensive industries. The company's focus is on pulp & paper, water treatment and oil & gas. In 2020, Kemira had annual revenue of around EUR2.4 billion and around 5,000 employees. Kemira shares are listed on the Nasdaq Helsinki Ltd.
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