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Thu, Aug 6, 2020 22:59
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Management Side
Ahlstrom-Munksjö to invest in its facility in Binzhou, China
CHINA (News release) -- Ahlstrom-Munksjö announces a further investment in its Binzhou plant to be able to produce abrasive backing papers locally in China. The investment project, involving an upgrade of an existing machine on site, will start in 1Q 2021 and is expected to be completed in the second half of 2021. The construction work will not cause disruptions to the existing customers.

"The investment constitutes a milestone in our strategy to strengthen our position globally," says Nikita Mulard, Vice President, Abrasive. "The logistical hub we have developed this year in Binzhou was already a significant step forward, but this investment really takes us to the next level, enabling us to develop and produce abrasive backings locally for the Chinese market," he adds. "The ability to produce in China for the domestic market combined with our established platform in Arches, France, further strengthen our ability to support the market needs globally," he concludes.

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