AHLSTROM-MUNKSJÖ PRESS RELEASE JUNE 18, 2020 at 11:00 EEST
Ahlstrom-Munksjö takes further steps into the energy storage market and pre-launches Ahlstrom-Munksjö Forticell®, its new platform of fiber-based solutions for energy storage applications.
Electricity is the fastest growing source of energy and demand for energy storage is expected to grow significantly in coming years, driven by vehicle electrification, a shift towards renewable energy, an increasing demand in stationary applications and effective electricity supply chain management.
Fiber-based materials are widely used in energy storage devices and, thanks to the Ahlstrom-Munksjö’s extensive expertise in cellulose, microglass and specialty nonwoven materials, the company is developing a complete range of solutions to its customers.
“50 years of experience serving the automotive industry and a unique set of various technologies put us in a very good position to meet the energy storage industry needs moving forward”, says Daniele Borlatto, Executive Vice President, Filtration & Performance Solutions. “The creation of Forticell® is a milestone into the journey that will lead Ahlstrom-Munksjö to a leading supplier to this market.”
“Ahlstrom-Munksjö already has very strong know how in glass, micro glass, cellulose and specialty nonwovens”, says Bertrand Rupin, Head of Business Development, Energy Storage. “As we move forward on this journey, we will capitalize on the expertise we already have in house to bring to market new attractive product offerings for the various segments of the energy storage market.”
Further details on the product portfolios to be available from the FortiCell® platform will be announced in the third quarter of 2020.
For further information, please contact:
Bertrand Rupin, Head of Business Development, Energy Storage, tel. +33 47 6453 542
Juho Erkheikki, Investor Relations Manager, tel. +358 10 888 4731
Ahlstrom-Munksjö in brief
Ahlstrom-Munksjö is a global leader in fiber-based materials, supplying innovative and sustainable solutions to its customers. Our mission is to expand the role of fiber-based solutions for sustainable everyday life. Our offering include filter materials, release liners, food and beverage processing materials, decor papers, abrasive and tape backings, electrotechnical paper, glass fiber materials, medical fiber materials and solutions for diagnostics as well as a range of specialty papers for industrial and consumer end-uses. Our annual net sales is about EUR 3 billion and we employ some 8,000 people. The Ahlstrom-Munksjö share is listed on the Nasdaq Helsinki and Stockholm. Read more at www.ahlstrom-munksjo.com