Ahlstrom Corporation PRESS RELEASE 01.07.2010 at 11.45
Ahlstrom, a global leader in high performance fiber-based materials, today announced that it will continue to adjust upwards prices for its filter media products for transportation filtration, as a consequence of the continued rise of raw materials prices.
Prices of key raw materials used for the manufacturing of filter media have continued to rise steadily over recent months and although Ahlstrom has made strong efforts to mitigate the impact on its products, it is necessary to continue to adjust prices.
The price increase will affect filtration grades produced by Ahlstrom globally, sold for transportation filtration applications. The level of increase will depend on the markets, the constituents of the products, and the agreements in place. The increase range will vary up to 10 %. Specific details will be discussed with each customer individually by the appropriate business teams in the coming days.
Ahlstrom is a leading manufacturer of filtration materials for Transportation, Air and Liquid filtration with 12 filtration production sites across four continents.
For further information, please contact:
Executive Vice President, Filtration
Tel. +39 0119260111, firstname.lastname@example.org
Vice President Sales, Transportation Filtration
Tel. +39 0119260257, email@example.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.