Ahlstrom-Munksjö strengthens Filtration business by completing investment at its Binzhou plant in China
AHLSTROM-MUNKSJÖ OYJ PRESS RELEASE May 17, 2021 at 12:00 noon EEST
Ahlstrom-Munksjö has completed an investment in one of its filtration material production lines in Binzhou, China. The machine rebuild adds production capacity and new capabilities that will further enhance the product portfolio. The production line will be able to deliver the highest performing oil, fuel, air and industrial filtration materials, which will strengthen Ahlstrom-Munksjö's offering and service for the Asian customers. The investment plan was initially announced in January 2020.
"This investment reinforces our commitment to our customers in Asia," says Kathrin Hueppe, Head of Asia, Filtration & Performance Solutions business area. "Improving our capability in the Binzhou plant allows us to serve their growing needs in high-performance filtration.”
“In response to growing customer demand, both in the transportation and industrial filtration markets, Ahlstrom-Munksjö has in the recent years strengthened its product offering with unique capabilities and continuously invested to offer delivery security for customers globally,” says Giuseppe Costa, Vice President, Filtration Asia & EMEA. “This investment is part of our plan to strengthen our leading position in filtration materials.”
For more information, please contact:
Giuseppe Costa, Vice President, Filtration EMEA and Asia, tel. +39 348 871 1207, giuseppe.costa@ahlstrom-munksjo.com
Media:
Johan Lindh, Vice President, Communications and Investor Relations, +358 10 888 4994, johan.lindh@ahlstrom-munksjo.com
Ahlstrom-Munksjö in brief
Ahlstrom-Munksjö is a global leader in fiber-based materials, supplying innovative and sustainable solutions to its customers. Our mission is to expand the role of fiber-based solutions for sustainable everyday life. Our offering includes filter materials, release liners, food and beverage processing materials, decor papers, abrasive and tape backings, electrotechnical paper, glass fiber materials, medical fiber materials, diagnostics and energy storage solutions, as well as a range of specialty papers for industrial and consumer end-uses. Our annual net sales is about EUR 2.7 billion and we employ some 7,800 people. Read more at www.ahlstrom-munksjo.com