KEMIRA OYJ Kemira Oyj
Press release
November 12, 2015 at 10 am (CET+1)
Kemira Oyj, global chemistry company serving customers in water-intensive industries, and Aqsens Oy, Finnish technology start-up, have announced a new collaboration model combining the strengths of a larger global player and an agile newcomer in order to be able to offer unique value to customers in the oil industry. Together the two companies develop, market and sell innovative on-site liquid analyses solutions that enable timely process information and other value-adding services. The collaboration is a result of two years of joint development work.
The collaboration model builds on the companies' complementary expertise and strengths. The model includes joint development work, cross licensing of IPR, joint marketing and sales as well as a personnel exchange program.
"Kemira has been innovating in oilfield scale control for over 15 years. By working with Aqsens, we are able to further increase the agility and solution-focus of our customer offering", says Heidi Fagerholm, CTO, R&D and Technology at Kemira.
"I am very excited about this opportunity and Kemira's brave step to collaborate in this new and open fashion", says Timo Teimonen, CEO of Aqsens. "By combining Aqsens Q-technology for liquid analyses with Kemira's knowhow and product offering we can deliver true value to the market. This is a great motivator to the Aqsens team."
The first application developed by Kemira and Aqsens, and available on Kemira KemConnect(TM) SI system, is able to measure residual polymeric scale inhibitor concentration in the oil field in a few minutes. For the first time service operators are able to obtain measurements of their residual polymeric scale inhibitors levels when they need them, immediately. This timely accurate data will improve their treatment effectiveness decisions that assure facility integrity and minimize production deferment.
For more information, please contact
Kemira Oyj
Heidi Fagerholm, CTO, R&D and Technology
Tel. +358 50 5119 541
Aqsens Oy
Timo Teimonen, CEO
Tel. +358 40 585 3105
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Kemira is a global chemicals company serving customers in water-intensive industries. We provide expertise, application know-how and chemicals that improve our customers' water, energy and raw material efficiency. Our focus is on pulp & paper, oil & gas, mining and water treatment. In 2014, Kemira had annual revenue of EUR 2.1 billion and around 4,250 employees. Kemira shares are listed on the NASDAQ OMX Helsinki Ltd.
www.kemira.com:
http://www.kemira.com
Aqsens(TM) is a technology startup delivering novel applications for qualitative and quantitative liquid analyses. Its Q-technology will provide high level of sensitivity, ease of use together with unsurpassed accuracy even on-site. Company's vision is to become a leading technology company in on-site liquid analyses applications focusing on Cleantech and Life-Science Businesses.
www.aqsens.com:
http://www.aqsens.com
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Kemira Oyj via Globenewswire
