“This capacity increase aims at improving our current service level but also, more strategically, enables us to offer to our customer an industrial platform on which they can build on to further grow their business,” commented Fulvio Capussotti, Executive Vice President of Business Area Filtration and Performance.

“The plan will include investments on selected assets, re organization of planning practices and additional staffing. This capacity release will be concluded at the beginning of 2018 and will significantly increase our ability to answer the current and future needs of our filtration customers”.

The Turin plant is located in the Northern part of Italy, employs around 550 people and manufactures both filtration media and release papers for silicone coating. The investment for increased capacity is included in the estimate for capital expenditure in 2017.

Ahlstrom-Munksjö is a leader in fibre-based materials, supplying innovative and sustainable solutions to customers. Its offerings include decor paper, filter media, release liners, abrasive backings, nonwovens, electrotechnical paper, glass fibre materials, food packaging and labelling, tape, medical fibre materials and solutions for diagnostics.

Combined annual net sales are about EUR 2.15 billion and the company employs 6,000 people. The Ahlstrom-Munksjö share is listed on the Nasdaq Helsinki and Stockholm. The company was formed on 1 April 2017 through the merger of Ahlstrom Corporation and Munksjö Oyj.

www.ahlstrom-munksjo.com