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Ahlstrom continues to strengthen its leadership position by defining strategic pillars for growth and simplifying its divisional structure from five to three.
Ahlstrom has entered into an agreement to divest its Stenay plant in France to Accursia Capital, following the announcement of Accursia Capital’s binding offer in July. The divestment was confirmed after receiving endorsement from the site’s employee representatives. The transaction is expected to be completed by the end of September. Accursia Capital aims to develop the Stenay plant in order to guarantee its long-term future and, consequently, secure the jobs of its employees.
Ahlstrom has today launched a consultation process with employee representatives at its Stenay plant in France about the possibility to divest the plant, and if a buyer cannot be found considering closure. Stenay plant produces one-side coated specialty papers for specific uses in the packaging sector where there is overcapacity in Europe and competition with machines with a more competitive cost structure. The plant has an annual capacity of approximately 55,000 tons of specialty paper and has 127 employees.
/PRNewswire/ -- Ahlstrom has led the marketplace in the movement towards more sustainable solutions for fiber-based food packaging, and its new generation of...
DS Smith ATLANTA – DS Smith is today announcing another milestone in its commitment to lead the way towards a more Circular Economy. The sustainable packaging giant unveiled its Circular Design Metrics, an industry first that allows customers to rate circularity of their packaging. The pioneering initiative provides a unique insight into how company packaging choices can reduce their impact on the environment. Through the collaborative design process, customers will be able compare the environmental performance of different solutions to create more circular packaging...