Ahlstrom will create a dedicated Performance Materials cluster to sharpen its strategic focus and optimize growth opportunities.
The new Performance Materials cluster will be comprised of four business units: Release Liners, Precision Coating, Beverage & Casing, and Abrasives. This will enable the cluster to operate with greater flexibility and clearer focus on distinct opportunities to accelerate performance and improve efficiency and competitiveness.
As part of Performance Materials, these business units will continue serving the market with tailored solutions and a strong focus on service, quality, and cost competitiveness. This new cluster will be led by Wolfgang Laures, currently Chief Operating Officer, who will become EVP, Performance Materials Cluster.
This change will also benefit the existing three divisions: Food & Consumer Packaging, Filtration & Life Sciences, and Protective Materials. By creating a more simplified structure, the focus of these divisions will increase, allowing them to concentrate on their growth in specialty materials.
The organizational change will take effect on May 1, 2025.
Ahlstrom is a global leader in combining fibers into sustainable specialty materials.
