Ahlstrom to raise fiber-based beverage materials prices by up to 5% worldwide, effective July 1, due to rising costs for raw materials, utilities; price hike includes materials used for such products as tea bags, coffee pods
May 21, 2013
– Ahlstrom, a global high performance fiber-based materials company, announces price increases on its beverage materials produced by the Food and Medical business area. The price increases will be made to compensate for the continued high level of raw materials as well as utilities-related inflation.
The price increases will affect all beverage related products worldwide and will be effective for all orders placed as of July 1, 2013. The increase will be up to 5% depending on markets as well as the product and the agreements in place.
Beverage products, manufactured by Food and Medical business area, include materials for teabags and coffee pods. Food and Medical business area's main end-use applications are teabags, coffee filters, food packaging, baking papers, masking tape and surgical gowns and drapes.
Ahlstrom in brief
Ahlstrom is a high performance fiber-based materials company, partnering with leading businesses around the world to help them stay ahead. Our products are used in a large variety of everyday applications, such as filters, medical gowns and drapes, diagnostics, wallcoverings, flooring and food packaging. We have a leading market position in the businesses in which we operate. In 2012, Ahlstrom's net sales from the continuing operations (excluding Label and Processing business) amounted to EUR 1 billion. Our 3,800 employees serve customers in 28 countries on six continents. Ahlstrom's share is quoted on the NASDAQ OMX Helsinki. More information available at www.ahlstrom.com.