Ahlstrom to Invest EUR 7 Million at Stenay Plant in France
June 20, 2011 - Ahlstrom said that it will invest a total of EUR 7 million at its Stenay plant in France to be able to produce lower grammage grades, enhancing the quality of one-side coated papers for metalized labels and flexible packaging.
According to Jan Lang, CEO and President of Ahlstrom, the investment will play a key role in responding to the current market needs for low-grammage papers.
"As a leading player, we have been continuously improving our offering in flexible packaging and metalized labels. In addition to addressing our customers' specific needs, this investment will also have a highly positive impact on the overall quality of the production output and performance characteristics at customers' end."
The investment is planned to be completed in mid-2012.
The Stenay plant is part of Ahlstrom's Label and Processing Business Area, which operates a total of six production sites in France, Germany, Italy and Brazil.