New investments to improve financial and environmental perfromance
On April 10, 2018, Ahlstrom-Munkjsö announced investments of about EUR 27 million in improved financial and environmental performance. The investments include rebuilding a recovery boiler at the Billingsfors plant and modernizing a bailing line at the Aspa pulp mill, both located in Sweden and part of the Industrial Solutions business area.
On April 23, 2018, the company announced an investment of EUR 5 million in the Decor business, where the company will invest to further enhance the quality of pre-impregnated decor papers produced at its Dettingen plant in Germany.
On April 23, 2018, Ahlstrom-Munksjö announced an investment of about EUR 4 million in the Medical business, where it will rebuild a converting line of sterilization wrap being produced at its Pont Audemer plant in France.
On June 18, 2018, Ahlstrom-Munksjö announced an investment of about EUR 28 million to expand manufacturing capacity as well as the product capabilities of industrial filtration applications in Turin, Italy as well as in Ställdalen, Sweden and Malmedy, Belgium. The project will start in 2018 and is expected to be completed during the first half of 2020.
Beverage & Casing
On July 18, 2018, the company announced an investment of about EUR 28 million to reinforce its market position in biodegradable and compostable tea bag, coffee and meat casing materials in the Beverage & Casing business. The project includes purchasing a secondhand paper making line to be dismantled and transferred to the Chirnside manufacturing site in the UK. The machine is expected to be fully commissioned by the beginning of the fourth quarter of 2019
On August 30, 2018, Ahlstrom-Munksjö announced an investment of EUR 21 million in its Coated Specialties business to improve capabilities and flexibility at its Jacarei plant in Brazil and better serve customers in South America with a broader offering. The project is expected to be completed in the third quarter of 2019, and will expand the site’s capabilities of coating and calendering on the paper machine.
Release Liners, Filtration
On December 18, 2018 Ahlstrom-Munksjö announced an investment of approximately EUR 15 million to install a new co-generation plant at its Turin site in Italy. The investment allows the combined and efficient generation of power and steam needed for the site processes. The project will begin in the first half of 2019, and is expected to be completed by the first half of 2020.
Completed strategic investments in 2018
Vegetable parcment, Saint Severin plant
- Installation of a new parchmentizer line as well as the building hosting it and a warehouse at the site
- The investment was approximately EUR 7 million
Filtration, Madisonville plant
- Enhance the quality and widen the range of engine and industrial filtration materials being produced at the Madisonville plant in Kentucky, US
- The investment was approximately EUR 23 million
Abrasive backings, Arches plant
- Rebuild of a paper machine to secure the leading position within abrasive backings and meet increasing demand. After the rebuild, the machine continues to be able to produce both decor and abrasive backings.
- The investment was approximately EUR 14 million
Updated: December 2018