16 February 2009, Duren
– Heimbach Filtration has announced it will close its Suzhou, China filtration
facility due to poor market demand for its products. The company says that the
market situation for filtration products has worsened enduringly in China due
to the economic crisis.
Heimbach says that in addition, fierce price competition in
Asia, especially in China, makes the business with filter media more and more
unattractive. For this reason Heimbach Filtration decided to give up its activities
in China and will close down the production site Heimbach Filtration (Suzhou)
Co. Ltd. The production of paper machine clothing at the same site will not be
affected by this decision.
This step will give additional resources for the Filtration
Division to focus on its core markets in Europe, as well as the well-developed
markets of its subsidiary Filt-Man S.A. in Latin America. The company says that
to reach its targets it will continue to invest in employees and equipment.
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