Ahlstrom Corporation PRESS RELEASE 8.2.2011 at 15.00
Ahlstrom's Louveira plant in Brazil has resumed full production after the facility was hit by floods last month.
During the shutdown Ahlstrom was able to supply its customers from Louveira's inventory, which was not damaged in the floods. Ahlstrom also started to import filtration material from its plants in North America and Europe to ensure most urgent deliveries to its South American customers.
The Louveira plant is located approximately 100 kilometers from Sao Paolo in southeastern Brazil and is part of Ahlstrom's Filtration Business Area. It produces transportation filtration material.
Ahlstrom anticipates that damages related to the flooding will be mostly recovered by insurance coverage.
Vice President, Corporate Communications
Tel. +358 10 888 4757
Willy D. Bordignon
Vice President, Filtration, South America
Tel. +55 1993419123
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 5,700 employees serve customers via sales offices and production facilities in more than 20 countries on six continents. In 2010, Ahlstrom's net sales amounted to EUR 1.9 billion. Ahlstrom's share is quoted on the NASDAQ OMX Helsinki. The company website is at www.ahlstrom.com.