Four hundred jobs are to go across Ahlstrom’s worldwide operations as the company looks to save €50 million in costs this year and adjust to its new size and structure following the sale of its wipes business to Suominen Nonwovens.
For the first six months of 2014, Ahlstrom achieved sales of €253 million compared to €265 million in the same period of 2013, but operating profit improved considerably at €9.6 million compared to €6.4 million for the first half of last year.
Already have an account? Log In
Recommended
Most Popular
Latest Magazine
Features
Nonwovens News talks to Murat Dogru about the upcoming OUTLOOK conference
New line concepts and digital tools are helping nonwovens producers boost output, cut waste and ease labour pressures
New research is exploring the benefits of using PCM impregnated nonwovens for use in composite reinforcements for the construction sector
News
Lenzing to prioritise nonwovens as fibre business reshaped
Turkish yarn manufacturer to enter nonwovens market
Shaping the future of filtration at Filtrex
Other publications from MCL News & Media
