Ahlstrom to buy Fiberweb's consumer wipes business
30 Mar '07
2 min read
"Strong market presence further improves our ability to serve our customers globally", says Jukka Moisio, President and CEO of Ahlstrom Corporation.
"This acquisition further strengthens Ahlstrom's unique fiber expertise and its versatile technology base. Fiberweb's leading pulp-containing wipes technology allows Ahlstrom to introduce additional properties, such as enhanced softness and increased strength, to its wiping fabrics."
"This capability combined with Ahlstrom's and Orlandi's pulp-containing technologies positions Ahlstrom the leading supplier of pulp-containing wipes products", comments Claudio Ermondi, Senior Vice President, Nonwovens.
The market for wiping fabrics is estimated to grow at a rate of 7% annually, and even higher growth rates are anticipated in the emerging markets.