Ahlstrom pursues its over 50-year commitment and drive of the future of the global filtration industry by investing in a new production line for molecular filtration media in Turin, Italy. Air quality in closed environments such as buildings and vehicles is a major concern in many areas of the world. In this context, particulate filter media play an important role in removing solid particles and aerosols from the air. Molecular filter media are used in complement, removing gaseous pollutants, including volatile organic compounds, inorganic gases (such as sulfur dioxide, nitrogen oxides, ammonia), and odors, and delivering the cleanest air to people and processes. The new line is being designed to produce the highest-performance adsorbent materials for premium filtration applications, including next-generation cabin air and fuel cell air intake, as well as a complete range for HVAC and cleanrooms.

“Earnings per share increased sequentially in the second quarter, a trend we expect to continue in coming quarters,” said Mitch Butier, Chairman and CEO. “Volumes in our Materials businesses continue to recover from slow market conditions, largely destocking, while our Intelligent Labels platform accelerates adoption into new categories. "While it's good to see the continuing sequential improvements in our Materials businesses and the building momentum in Intelligent Labels, the pace of our recovery is slower than anticipated. Our results for the quarter were below our expectation due to lower revenue, something the team was able to largely offset through cost reduction actions,” Butier added.

Headquartered in Nova Scotia, Port Hawkesbury Paper (PHP) is the leading producer of supercalendered papers in North America, manufacturing SCA+ and SCA++ products for use in catalogs, magazines and retail inserts, as well as specialty papers. The company’s paper production capacity includes three thermomechanical (TMP) pulp lines that supply high-quality fiber to the papermaking process. PHP ships its products to customers throughout North America and around the world. “Port Hawkesbury Paper is pleased to support Two Sides North America because we share similar objectives when it comes to the long-term sustainability of our company, our industry and the resources that supply us,” says Port Hawkesbury Co-Manager Bevan Lock. “Our aim is to provide long-term ecological, social and cultural sustainability while managing and maintaining a sustainable wood supply and economic viability for our company, local wood suppliers and sawmills.”