Kemira has acquired an 80% stake in Chongqing Lanjie Tap Water Materials Co., Ltd., rebranding it as Kemira Water Solutions (Chongqing) Co., Ltd., to strengthen its position in the rapidly expanding Chinese water treatment market.

Information on the Target

Kemira has finalized an agreement to acquire an 80% stake in Chongqing Lanjie Tap Water Materials Co., Ltd., which will now operate under the name Kemira Water Solutions (Chongqing) Co., Ltd. This Chinese company specializes in the production of inorganic coagulants and organic polymers specifically designed for water treatment. Located in the central municipality of Chongqing, the company primarily serves the local potable water sector, with annual revenues currently around EUR 2 million. With the right strategic enhancements, the company is anticipated to experience rapid growth in the coming years.

In addition to the potable water market, Kemira Water Solutions is also poised to expand its focus towards industrial wastewater treatment and municipal sewage management. This strategic move aligns with Kemira's broader commitment to bolster its water treatment chemicals operations across Asia.

Industry Overview in China

The water treatment industry in China is experiencing considerable expansion, especially within the potable water and wastewater management sectors. Rapid urbanization and industrial growth have led to increased water demand,