THE TRANSFER OF BRAZILIAN WIPES BUSINESS WILL BE COMPLETED IN THE SECOND QUARTER 2012
Tampere, 2012-03-30 17:43 CEST (GLOBE NEWSWIRE) --
Suominen Corporation Stock exchange release 30 March 2012 at 6.25 p.m.
SUOMINEN OYJ TO COMPLETE THE TRANSFER OF BRAZILIAN WIPES BUSINESS IN THE SECOND QUARTER 2012
Suominen estimates that the transfer of the Brazilian operation from Ahlstrom Corporation will take place in the second quarter of 2012.
Suominen had previously anticipated that the transfer would have taken place in the first quarter of 2012. The transfer is subject to Suominen receiving all necessary Brazilian regulatory permits for its operations.
Tampere 30 March 2012
Suominen Corporation
Nina Kopola
President and CEO
For additional information please contact:
Mrs Nina Kopola, tel +358 10 214 3551
Suominen produces high-quality nonwovens, flexible packaging and wet wipes for industry and the retail sector. www.suominen.fi