Ahlstrom inaugurates new Product and Technology Development Center in Shanghai's Minhang District; facility supports company's growth strategy, strengthens its presence and local market understanding, says Alhstrom executive

HELSINKI , May 30, 2014 (press release) – Ahlstrom, a high performance fiber-based materials company, today celebrates the inauguration of its new Product & Technology Development Center in Shanghai, Minhang District, in eastern China.

Ahlstrom's new Product & Technology Development Center in Shanghai will improve the company's direct support to its customers in China with local product development. Located in the Caohejing Pujiang Hi Tech Park in Shanghai, the center is conveniently positioned near its customers in China.

"The new Shanghai product development center supports Ahlstrom's growth strategy and strengthens our presence and local market understanding. We are pleased to start long-term development work in Asia and hereby reinforce our offering for a clean and healthy environment to help our customers to stay ahead," says Jan Lång, Ahlstrom's President & CEO.

"The development work in the new center will build on our strong know-how on material science, fibers and chemistry. To more quickly address the local market needs, it is crucial to develop new products and technology close to our customers here in China," says Dr Paul H. Stenson, Executive Vice President, Technology and Strategy Development.

The new center in China employs approximately 30 people and will serve all five of our Business Areas in China: Advanced Filtration, Building and Energy, Food, Medical, and Transportation Filtration. In addition to Shanghai, Ahlstrom has four manufacturing plants and 13 sales offices in Asia, providing services throughout the region.

Ahlstrom in brief
Ahlstrom is a high performance fiber-based materials company, partnering with leading businesses around the world to help them stay ahead. We aim to grow with a product offering for clean and healthy environment. Our materials are used in everyday applications such as filters, medical fabrics, life science and diagnostics, wallcoverings and food packaging. In 2013, Ahlstrom's net sales from the continuing operations amounted to EUR 1 billion. Our 3,500 employees serve customers in 24 countries. Ahlstrom's share is quoted on the NASDAQ OMX Helsinki. More information available at www.ahlstrom.com.

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