This industry traces its roots back to 17th century Finland with tar making being an outstanding business at the time. Presently, the chemical industry produces a wide range of products that are used by other industrial sectors particularly in agriculture and forestry. The biggest players in this industry are producers of plastics, paints, pharmaceuticals, petrochemicals, oil products, chemicals, and biotech products. Neste Oil is the largest and most profitable company in the chemical industry. Finland’s chemical industry supplies roughly 25% of the country’s industrial production and exports. Chemical industry alone accounts for about 34,000 direct employment.įorestry in Finland, at the moment, is responsible for about a fifth of Finland’s exports. Forest products for years have been significant export items in Finland. The growth and diversification of the Finnish economy have seen a decline in these exports.
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