Ahlstrom Earmarks EUR 10 Million for Project to Increase Filtration Materials at Turnin Mill
Sept. 11, 2012 - Ahlstrom said that it will invest approximately EUR 10 million to increase the production capacity of filtration materials at its paper mill in Turin, Italy.
The investment will be operational by the third quarter of 2013 and consist of an upgrade to a paper machine producing filter media for transportation and gas turbine applications, which will significantly increase the Turin plant capacity to supply filter media to customers globally, Ahlstrom said.
"This investment is another important step in our growth roadmap, where we are strengthening our platform in Europe. By expanding our filtration operations, we are reinforcing our position as a global supplier in the filtration market with a full offering of filter media," said Tommi Björnman, Executive Vice President Filtration.
Gary Blevins, Vice President, Transportation Filtration, noted, "Our global filtration platform has grown significantly in the past two years, with the recent investments in the new saturator line in Turin, the expansion at our plant in Louveira in Brazil and the acquisition and the expansion of the Binzhou plant in China. We will continue to work with our customers to grow in regions where they are focused."