Bnr mannynneulaset2

News archive 2004

Tall oil products sold well in 2003


Press release

Forchem’s first full year of operations lays the groundwork for future growth

2003 marked a profitable first full year of operations for Forchem. The Finnish tall oil product manufacturer recorded net sales of 33.6 million euros. Although the fractionation plant in Rauma was inaugurated less than two years ago, last year the company already needed to carry out quite an extensive 2.3 million euro investment to expand the plant.

“We knew in advance that Forchem’s first year of operations would put our new company to the test. We faced the challenge of starting full-scale production with a newly completed, modern plant, while at the same time optimising several parts of the process that had not been tested before. Nevertheless, our target was to achieve and even surpass market expectations, in terms of both products and services,” says Martti Fredrikson, Forchem’s President and CEO.

“Forchem also managed to achieve both its financial and technological goals. Excellent examples of this are the innovations of personnel, developed while carrying out their everyday work. The most important of these are the inventions relating to production optimisation and the R&D work that resulted in our new top paper chemicals product, rosin soap. We have submitted patent applications in both these areas. We have also realised that customers have quickly adopted the new operational models introduced in the markets as a result of our development work.”

According to CEO Martti Fredrikson, in just one year Forchem has become a major operator in the chemical industry in Europe, and the outlook for 2004 indicates further growth.

“We will increase our production and invest in both basic production and production equipment for new products,” Fredrikson says.

“We launched our operations because we realised that it was time for something new to happen on the tall oil market after so many quiet years. We saw that international integration would increase pressure for the tall oil industry and it’s main customer, the chemical industry, to increase mutual co-operation. These factors are still behind Forchem’s growth targets.

Established in 2000, Forchem specialises in tall oil fractionation and further processing. In 2002 in the town of Rauma, Forchem launched production in the most modern plant in the industry. The company employs altogether 40 people. Forchem has three subsidiaries in the EU which are responsible for marketing its products and services. Exports account for over 80% of Forchem’s production. The company buys approximately half of the crude tall oil produced annually by the Finnish pulp industry.

For further information please contact:
Martti Fredrikson, President and CEO
tel. +358 50 3104 400

Return to headlines

Poutapilvi web design - P4 - julkaisujärjestelmä
This website stores cookies on your computer. These cookies are used to improve our website and provide more personalised services to you.


To make this site work properly, we sometimes place small data files called cookies on your device. Most big websites do this too.

1. What are cookies?

A cookie is a small text file that a website saves on your computer or mobile device when you visit the site. It enables the website to remember your actions and preferences (such as login, language, font size and other display preferences) over a period of time, so you don’t have to keep re-entering them whenever you come back to the site or browse from one page to another.

2. How do we use cookies?

A number of our pages use cookies to remember your actions and preferences (such as login, language, font size and other display preferences.)

Also, some videos embedded in our pages use a cookie to anonymously gather statistics on how you got there and what videos you visited.

Enabling these cookies is not strictly necessary for the website to work but it will provide you with a better browsing experience. You can delete or block these cookies, but if you do that some features of this site may not work as intended.

The cookie-related information is not used to identify you personally and the pattern data is fully under our control. These cookies are not used for any purpose other than those described here.

3. How to control cookies

You can control and/or delete cookies as you wish – for details, see You can delete all cookies that are already on your computer and you can set most browsers to prevent them from being placed. If you do this, however, you may have to manually adjust some preferences every time you visit a site and some services and functionalities may not work.