Ahlstrom announces price increases on filtration materials
Ahlstrom Corporation, a leader in high performance fiber based solutions, announced today a plan to increase prices globally on its filtration products, due mainly to the rapid rise in energy prices, which is having an impact on a number of key raw materials.
"Over the past few months, energy prices have risen sharply and have impacted not only our own operations but also the entire cost structure of our raw material supply chain", explained Randal Davis, Sr. VP Filtration. "Although we are making every effort to absorb some of the increases and limit the impact on our customers, the dramatic changes in our operating environment force us to pass some of these increases to the market."
The planned price increase will be effective November 1, 2005 and the detailed actions will be discussed with customers through the appropriate business teams in the coming days.
Ahlstrom's Filtration business is a leading manufacturer of filtration materials used in air, liquid and engine applications with 10 production sites across four continents.
Contacts:
Randal Davis, Sr. VP Filtration, +1 860 654 8320, randal.davis@ahlstrom.com
Jerome Barrillon, Director Marketing Filtration, +1 860 654 8607, jerome.barrillon@ahlstrom.com
Ahlstrom in brief:
Ahlstrom is the 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 all business areas in which it operates, built upon the company's unique fiber expertise and innovative approach. Ahlstrom's 5,700 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