Ahlstrom to consolidate and expand its wiping fabrics capacity in Italy
(Thomson Reuters ONE) -
Ahlstrom Corporation STOCK EXCHANGE RELEASE 4.5.2010 at 16.00
Ahlstrom, a global leader in the development and manufacture of high performance
nonwovens and specialty papers, will consolidate its nonwoven wiping fabrics
manufacturing platform in Italy, with the aim of increasing capacity, efficiency
and breadth of product range.
The production of wipes will be located in two out of three existing
manufacturing sites: Mozzate and Cressa, while the Carbonate plant will be
closed. All the plants are located in the Milan region and belong to Home &
Personal Nonwovens business area.
The consolidation will not have any major impact on personnel or cause
significant non-recurring costs. The company plans to complete the project by
early 2011.
Ahlstrom is a leading manufacturer of wiping fabrics, offering a broad range of
materials and technologies for diverse wiping applications. The company
manufactures wiping fabrics at its sites across Europe, USA and South America.
For further information, please contact:
Seppo Parvi, CFO, tel. +358 10 888 4768
Jean-Marie Becker, Executive Vice President, Home & Personal Nonwovens, tel.
+33 476 45 35 15
Distribution:
NASDAQ OMX Helsinki
Main media
www.ahlstrom.com
Ahlstrom in brief
Ahlstrom is a global leader in the development, manufacture and marketing of
high performance nonwovens and specialty papers. Ahlstrom´s products are used in
a large variety of everyday applications, such as filters, wipes, flooring,
labels, and tapes. Based upon its unique fiber expertise and innovative
approach, the company has a strong market position in several business areas in
which it operates. Ahlstrom's 5,800 employees serve customers via sales offices
and production facilities in more than 20 countries on six continents. In 2009,
Ahlstrom's net sales amounted to EUR 1.6 billion. Ahlstrom's share is quoted on
the NASDAQ OMX Helsinki. The company website is at www.ahlstrom.com.
[HUG#1411656]
Unternehmensinformation / Kurzprofil:
Datum: 04.05.2010 - 15:00 Uhr
Sprache: Deutsch
News-ID 20229
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