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Initial efforts will target Spain, Brazil.
December 4, 2014
By: Karen McIntyre
Editor
Suominen, a leading supplier of nonwovens, has launched an investment program for the 2015-2017 period. Designed to help the maker of spunlace nonwovens for wipes and other markets meets its strategic planst, the first initiatives in this medium-term plan will be implemented at Suominen’s plants in Alicante, Spain and Paulinia, Brazil. In addition, Suominen is evaluating its opportunities to increase the production capacity of its Nakkila plant in Finland. The value of these three growth initiatives totals approximately to €4 million and they all enhance Suominen’s ability to further increase the share of value adding products in company’s portfolio. In Alicante, the investment will serve the globally growing markets of industrial wiping and medical nonwovens, while in Paulinia, investment will expand Suominen’s product offering and further strengthen its position in the growing South American wipes market and help it gain entry to themedical and hygiene nonwovens segments. “I am delighted to announce these very first steps in Suominen’s growth investment plan. When completed, these investments will in their part enhance our ability to supply products of superior value to its customers. The investments benefit both Convenience and Care business areas: they will further strengthen our leading position in wiping markets and provide us a with clearly enhanced opportunities to grow the Care business area,” says Nina Kopola, President & CEO of Suominen Corporation.
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