Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the wordpress-seo domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /var/www/html/wp-includes/functions.php on line 6260 Ahlstrom To Buy Chinese Filter Maker - Nonwovens Industry

What are you searching for?

Sign in
Nonwovens News

Ahlstrom To Buy Chinese Filter Maker

Shandong Puri makes transportation filtration media.

Author Image

By: Karen McIntyre

Editor, Nonwovens Industry

Ahlstrom has taken a further step in implementing its growth strategy in Asia through the acquisition of Shandong Puri Filter & Paper Products Ltd. in China from the Purico Group. The purchase amount was valued at €22.5 million.

Shandong Puri Filter & Paper Products is a producer of transportation filtration media and operates a plant in Binzhou in the province of Shandong in northeastern China. The site currently employs 170 persons.

“This acquisition is an integral part of our expansion in Asia, as it enables us to serve our global customers based in China and at the same time to build a platform in the country for further growth,” said Jan Lång, president and CEO. “Together with our plant in Hyun Poong, South Korea, the acquisition enables us to grow our market share in the Asian transportation filtration market.”

The new site will be part of Ahlstrom’s Filtration Business Area, which accounts for approximately one-fifth of the group’s net sales. Ahlstrom currently generates about 10% of its annual net sales from Asia.

Add us as a preferred source on Google

Get the latest Nonwovens Industry news, insights and analysis in your Google Search and AI experiences.

Add Nonwovens Industry as a preferred source on Google (opens in a new tab)

Keep Up With Our Content. Subscribe To Nonwovens Industry Newsletters

Topics