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Nonwovens/​Converting

Suominen launches investment programme to execute its growth strategy

The first initiatives in this medium-term plan will be implemented at Suominen’s plants in Alicante, Spain, and Paulinia, Brazil.

5th December 2014

Innovation in Textiles
 |  Helsinki

Medical/Hygiene

The first initiatives in this medium-term plan will be implemented at Suominen’s plants in Alicante, Spain, and Paulinia, Brazil. The company is also evaluating its opportunities to increase the production capacity of its Nakkila plant in Finland.

The value of these three growth initiatives amounts approximately to EUR 4 million and the company expects that they will all enhance Suominen’s ability to further increase the share of value adding products in its portfolio.

Plans and strategy

In Alicante, the investment is targeted to serve the globally growing markets of industrial wiping and medical nonwovens.

Through the investment in Paulinia, Suominen expands its product offering and further strengthen its position in the growing South American wipes market and will enable supply to medical and hygiene nonwovens segments.

Enhanced growth opportunities

“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,” commented Nina Kopola, President and CEO of Suominen Corporation.

“The investments benefit both Convenience and Care business areas: they will further strengthen our leading position in wiping markets and provide us with clearly enhanced opportunities to grow the Care business area,”

Suominen

Suominen manufactures nonwovens as roll goods for wipes as well as for medical and hygiene products.

The end products made of Suominen’s nonwovens include wet wipes, feminine care products and swabs. Suominen is the market leader in nonwovens for wipes and employs approximately 600 people in Europe and in the Americas.

The company’s net sales in 2013 amounted to EUR 373.7 million and operating profit excluding non-recurring items to EUR 19.4 million (continuing operations).

www.suominen.fi

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