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Article: Ahlstrom announces investment plans totalling euro55 million
- Article from:
- Technical Textiles International : TTI
- Article date:
- January 1, 2008
- Author:
CopyrightCopyright International Newsletters Jan/Feb 2008. Provided by ProQuest LLC. (Hide copyright information)
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euro38 million to build state-of-the-art medical nonwovens plant in India
FINLAND'S AHLSTROM announced on 13 December 2007 that it will invest euro38 million in a new nonwovens plant in India that will use spunmelt technology to make products principally for medical applications.
The company, which describes itself as a global leader in the development, manufacture and marketing of high-performance materials based on fibres, says the investment is in line with its strategy to expand in the fastgrowing, emerging markets.
The new plant will manufacture a full range of spunmelt fabrics using state-of-the-art nonwovens technology. The site chosen is in the Mundra Special Economic Zone (SEZ) in ...