Breaking News

Suominen increases nonwovens production capacity

June 18, 2013

Suominen Corporation has sold its wet wipes business unit, Codi Wipes, to Value Enhancement Partners - See more at: http://www.nonwovens-industry.com/contents/view_breaking-news/2013-06-17/suominen-sells-wet-wipes-business/#sthash.H2sFMWVx.dpuf
Suominen Corporation has sold its wet wipes business unit, Codi Wipes, to Value Enhancement Partners - See more at: http://www.nonwovens-industry.com/contents/view_breaking-news/2013-06-17/suominen-sells-wet-wipes-business/#sthash.H2sFMWVx.dpuf
On the heels of Suominen's announcement to sell its wet wipes business unit, Codi Wipes, to Value Enhancement Partners, the global leader in nonwovens for wipes, says it will invest approximately €2.5 million in capacity expansion at one of its assets at the Windsor Locks plant in Connecticut, U.S. The investment increases Suominen's capacity to produce value added nonwovens products, particularly for the growing segment of flushable products.

"We have decided to proceed with this investment in order to be able to answer to our customers' increasing demand," says Jean-Marie Becker, executive vice president, Suominen Nonwovens. "We will further strengthen our position in the wipes market, and particularly in this market segment, and the investment will expand the production capacity of our proprietary Hydraspun Substrate technology."

"The investment highlights our commitment to the wipes market and is in keeping with our strategy to further increase the share of value added products in Suominen's portfolio," says Nina Kopola, president and CEO of Suominen Corporation.

The investment is aimed to increase the production capacity of Suominen's Hydraspun Substrates. Suominen's Hydraspun Dispersible Substrate is a product defined as flushable as defined by industry guidelines developed by INDA and EDANA, the industry associations.

The market for flushable products is growing in many regions across the globe and Suominen is, by implementing this investment, addressing both the current and future demand.
Suominen Corporation has sold its wet wipes business unit, Codi Wipes, to Value Enhancement Partners - See more at: http://www.nonwovens-industry.com/contents/view_breaking-news/2013-06-17/suominen-sells-wet-wipes-business/#sthash.H2sFMWVx.dpuf

Suominen Corporation has sold its wet wipes business unit, Codi Wipes, to Value Enhancement Partners - See more at: http://www.nonwovens-industry.com/contents/view_breaking-news/2013-06-17/suominen-sells-wet-wipes-business/#sthash.H2sFMWVx.dpuf
Suominen Corporation has sold its wet wipes business unit, Codi Wipes, to Value Enhancement Partners - See more at: http://www.nonwovens-industry.com/contents/view_breaking-news/2013-06-17/suominen-sells-wet-wipes-business/#sthash.H2sFMWVx.dpuf
Suominen Corporation has sold its wet wipes business unit, Codi Wipes, to Value Enhancement Partners - See more at: http://www.nonwovens-industry.com/contents/view_breaking-news/2013-06-17/suominen-sells-wet-wipes-business/#sthash.H2sFMWVx.dpuf

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