R&D: Kemira sign EUR 100 mio deal with European Investment Bank

Kemira announced it has reached agreement with the European Investment Bank (EIB) on a 12-year loan to fund, 'near-term', innovation and R&D. This includes the co-operation with universities, institutes of technology and research institutes combined with the activities at the Kemira Group's own research centers. Topics mentioned are customer solutions for the forest industry, formulation science, water treatment and nanotechnology.

This is good news for the paper industry and gives a clear commitment from Kemira to their future in paper chemical innovation. When most paper chemicals companies are cutting back on R&D, Kemira has found an innovative way to fund their activities and to support the work in universities and research institutes.