Ahlstrom-Munksjö will invest Euro 21 million in its Coated Specialties business to improve capabilities and flexibility at its Jacarei plant in Brazil, as the company says in the press release received by Lesprom Network.
The project is expected to be completed in the 3Q 2019, and will expand the site’s capabilities of coating and calendering on the paper machine. It will allow Ahlstrom-Munksjö to offer more efficient, high-quality on-line coated products to its customer in the areas of self-adhesive and wet glue labeling, flexible packaging and sublimation printing.
In April, Ahlstrom-Munksjö agreed to acquire MD Papéis’ Caieiras specialty paper mill, located in the vicinity of Jacareì, in the Sao Paulo area. Following the acquisition, Ahlstrom-Munksjö’s presence in Brazil will comprise three operating plants, all near Sao Paolo, employing over 700 persons and with revenues of approximately of Euro 200 million.
Coated Specialties business is part of the Industrial Solutions business area, producing a wide range of products and materials often used in manufacturing and production processes, such as abrasive backings, electrotechnical insulation papers, coated label and flexible packaging papers, release liners and specialty pulp.
