Ahlstrom, a global leader in the development, manufacture and marketing of high performance fiber-based materials, today announced a EUR 7 million investment for the construction of a new co-generation facility at its Turin plant in Italy.
The new facility, due for completion in early 2007, will secure a competitive supply of steam and electricity to serve the energy needs of Ahlstrom's Turin plant. It will be built and run by an external partner under an "own and operate" agreement.
The Turin plant produces release base papers for the self-adhesive labeling industry and filtration media for automotive and specialty applications. This investment will enable the plant to satisfy its growing energy needs also in the future.
Ahlstrom in brief:
Ahlstrom is a global leader in the development, manufacture and marketing of high performance fiber-based materials. Nonwovens and specialty papers, made by Ahlstrom, are used in a large variety of everyday products, e.g. in filters, wipes, flooring, labels, and tapes. The company has a strong market position in several business areas in which it operates, built upon the company's unique fiber expertise and innovative approach. Ahlstrom's 5,400 employees serve customers via sales offices and production facilities in more than 20 countries on five continents. In 2004, Ahlstrom's net sales amounted to EUR 1.6 billion. The company website is www.ahlstrom.com.
For additional information, please contact:
Vice President & General Manager, Release Liners
General Manager, Ahlstrom Turin
tel: + 39 011 92601 - fax +39 011 9269 617
Vice President, Filtration - Europe & South America
tel: + 39 011 92601 - fax +39 011 9269 617e-mail: email@example.com