Ahlstrom Corp., a Finland-based manufacturer of high-performance fiber-based materials, has
signed a memorandum of understanding with Mundra Special Economic Zone in Gujarat, India, to
purchase 5 hectares of land in the Textile and Apparel Park. The company plans to begin production
of fiber-based materials at that location to supply its FiberComposites business unit’s customers
in export and domestic markets.
May/June 2007