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New CPC line for Suominen
Additionally, Suominen has decided to extend its growth investment programme to around EUR 60 million.
2nd September 2015
Innovation in Textiles
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Helsinki
The total value of the investment project, including both equipment and facilities, will be close to EUR 50 million. Suominen has selected Andritz as the main supplier and integrator of the project.
“With the investment at Bethune plant, Suominen will take the wetlaid technology to a totally new level in its industry. The new manufacturing line will be tailor-made, based on our unique nonwovens technology expertise, enabling us to supply our customers with exclusive, best-in-class nonwoven products for wiping, medical or hygiene applications. This is perfectly in line with our strategic intent to achieve product leadership,” commented Nina Kopola, President and CEO of Suominen Corporation.
“As the demand for nonwovens with higher value added is forecasted to grow at an attractive pace, I am pleased that we are able to intensify our growth investment program which supports our target to achieve the above-industry-average growth in our net sales.”
Additionally, Suominen has decided to extend its growth investment programme to around EUR 60 million due to the promising growth prospects in the high value added nonwovens.
Earlier, the manufacturer had stated that the company will spend from EUR 30–50 million in growth investments during the strategic period of 2015–2017.
Suominen manufactures nonwovens as roll goods for wipes, as well as for medical and hygiene products, including wet wipes, feminine care products and swabs.
Suominen is the market leader in nonwovens for wipes and employs approximately 600 people in Europe and in the Americas.
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