Breaking News

Ahlstrom To Initiate Restructuring

April 29, 2009

Review of underperforming units to save €50 million.

Ahlstrom Corporation wil initiate a further restructuring program with the aim of gaining annual cost reductions of €50 million with full effect in 2010. The move will better position the nonwovens producer in light of challenging economic conditions.

The company will review its underperforming units and the overall cost structure, which may impact 400-500 Ahlstrom employees globally. The decisions related to individual actions will be made during 2009 and will be disclosed respectively.

The cost of the program is estimated to be approximately €40 million in 2009, of which 50% will be cash-related.
  • The Year That Was 2016

    The Year That Was 2016

    Karen McIntyre, Editor||December 1, 2016
    The year 2016 included investments, new product development and an entrepreneurial spirit in nonwovens that will surely impac

  • The Automotives Market

    The Automotives Market

    Tara Olivo, Associate Editor||December 1, 2016
    Nonwovens continue to replace other materials in cars and automotive components.

  • Hygiene Components Suppliers Respond to Change

    Hygiene Components Suppliers Respond to Change

    Karen McIntyre, Editor||December 1, 2016
    Growth and diversification in adult incontinence and new players in the baby diaper market force makers of adhesives, elastic