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Comment Business & Economics

Boliden acquires sulfuric acid plant from Kemira

By Gerald Ondrey |

Boliden AB (Stockholm, Sweden; www.boliden.com) has acquired Kemira’s sulfuric acid plant and business in Kokkola, Finland, effective as of 1st May 2010. The acquisition will enable Boliden to conduct its sulfuric-acid-manufacturing operations at Kokkola in-house, and thereby gain control over the entire process flow. Sulphur dioxide is a by-product of both zinc and copper production. The sulphur dioxide can be refined to produce sulfuric acid, a chemical with a wide range of uses in numerous sectors, including the artificial fertilizer, pulp and mining industries. Boliden’s Kokkola zinc smelter in Finland has previously sold its sulfur dioxide to Kemira Oy (Helsinki, Finland; www.kemira.com) , which has, in turn, refined the gas to produce sulfuric acid. The sulfuric acid plant has a production capacity of approximately 300,000 metric tons (m.t.) per year and the majority of its production is sold to local companies, as well as to other industrial facilities in Finland. The existing contracts will be taken over in conjunction with the acquisition, which also includes installations, land and around 20 employees. The transaction will not have a significant effect on Boliden’s results. The parties have agreed not to…
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