Materials company Ahlstrom has inaugurated its new paper production facility in Longkou, Shandong Province, in eastern China.
A joint venture (JV) together with Longkou Yulong Paper, the new plant produces Crepe medical papers used for sterilization wraps.
The plant, which is part of Ahlstrom's Food and Medical Business area, also produces masking tape base papers for the building sector in the Asian market.
Ahlstrom president & CEO Jan Lång said the JV in Longkou backs the company's growth strategy and will build up its presence in Asia.
The new Chinese plant is the result of a €21.9m investment announced in October 2010, of which €13.1m was contributed by Ahlstrom.
Source:
http://packagingmaterials.packaging-business-review.com/news/ahlstrom-inaugurates-new-paper-production-facility-in-china-081112
