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Expansion of Ahlstrom Glassfibre’s Mikkeli Plant Completed

03 December 2006

Ahlstrom has expanded the production capacity of its Mikkeli plant in Finland, the EUR 5 million investment consisting of an additional building and new machinery.

The Mikkeli plant manufactures glass fibre products for composite industry, the major end users being wind energy, marine, sports equipment, and transport vehicle industries. 95% of the plant's production is exported, mainly to European countries.

Ahlstrom significantly increased the production capacity of the Mikkeli plant during 2005-2006. The expansion, together with improved production efficiency, will enable Ahlstrom to further increase production capacity by up to 50% within the next few years. In addition to new machinery, the new building includes storage capacity for raw materials and finished goods, which is expected to bring cost savings. The maintenance area, staff rooms, and conference rooms will also be renovated within the next few months.

""In recent years, we have been able to strengthen our global market share as a specialty reinforcement supplier, especially in wind energy and marine industries. Our target is to continue profitable growth at a rate that exceeds the market average. The investment in Mikkeli will support this objective"", said Tommi Björnman, Senior Vice President, Glass Nonwovens.






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