Ahlstrom Corporation PRESS RELEASE March 3, 2014 at 1.30 p.m.
Ahlstrom announces price increases for beverage materials
Ahlstrom, a global high performance fiber-based materials company, announces price increases on its beverage materials produced by the Food business area. The price increases will be made to compensate for the continued high level of raw material costs as well as utilities-related inflation.
The price increases will affect all beverage related products worldwide and will be effective immediately. The increase will be up to 5% depending on markets, products and the agreements in place.
Beverage products manufactured by Food business area include materials for teabags, coffee pods and capsules. Ahlstrom's Food business area has seven production sites in four countries.
For more information, please contact:
Vice President, Communications
Tel. +358 10 888 4757
Ahlstrom in brief
Ahlstrom is a high performance fiber-based materials company, partnering with leading businesses around the world to help them stay ahead. We aim to grow with a product offering for clean and healthy environment. Our materials are used in everyday applications such as filters, medical fabrics, life science and diagnostics, wallcoverings and food packaging. In 2013, Ahlstrom's net sales from the continuing operations amounted to EUR 1 billion. Our 3,500 employees serve customers in 24 countries. Ahlstrom's share is quoted on the NASDAQ OMX Helsinki. More information available at www.ahlstrom.com.