Press release Sep 10, 2008, 09:40
Ahlstrom, a leader in high performance fiber-based materials, today announced price increases on its nonwoven food packaging products. The increases, which shall be on average 10%, will affect products for all end uses, including infusion materials, such as tea bag materials and coffee pod filter papers, as well as reinforcements used in fibrous meat casings.
These increases will be effective as of October 1st 2008 and are the result of the recent raw material shortages, the corresponding escalation of their costs and unprecedented increases in energy costs, many of which have reached record levels.
Current in-house orders as well as contractual supply agreements worldwide will be affected. The detailed actions will be discussed with customers through the appropriate business teams.
Gary Byrom, Director of Sales, Food products - Phone: +44 1890 819 346
Pat Annable, Director of Marketing, Food Products - Phone: +44 1890 819 265
Ahlstrom in brief
Ahlstrom is a global leader in the development, manufacture and marketing of high performance fiber-based materials. Nonwovens and specialty papers, made by Ahlstrom, are used in a large variety of everyday products, such as filters, wipes, flooring, labels, and tapes. Based upon its unique fiber expertise and innovative approach, the company has a strong market position in several business areas in which it operates. Ahlstrom's 6,500 employees serve customers via sales offices and production facilities in more than 20 countries on six continents. In 2007, Ahlstrom's net sales amounted to EUR 1.8 billion. Ahlstrom's share is listed on the OMX Nordic Exchange Helsinki. The company website is www.ahlstrom.com.