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#Nonwovens / Technical Textiles

Suominen to initiate a restructuring program including changes in Executive Management Team

As part of the ongoing transformation journey Suominen initiates a restructuring program to reposition the company toward profitable growth. The program is expected to generate annualized savings of EUR 1,5 million with a one-time cost of EUR 2 million and the program is expected to be closed before the end of September 2024.

The restructuring program is expected to result in a termination of up to 10 positions in the headquarters and global support functions. The impact will be gradual and in full effect in 2025.

“We have been leading our transformation with a systematic and holistic approach since last year. Our new operating model was announced late last year and today our business areas are responsible for both commercial and supply chain, and with this structure we are able to be more efficient, focused, and agile. The program announced today is a continuation of this transformation and will support our ability to achieve necessary financial and process improvements as we move forward”, says Tommi Björnman, President & CEO.

The employee consultation processes will start in accordance with local legislation.

Klaus Korhonen, EVP, HR & Legal and a member of the Executive Management Team has decided to leave Suominen to pursue new opportunities outside the company.

“I want to thank Klaus for his contribution in leading and developing Suominen’s HR and Legal functions and as a valuable member of our Executive Management Team. I wish Klaus all the best in his future”, says Tommi Björnman.

Following this change, the composition of Suominen’s Executive Management Team will be as of May 31, 2024:

  • Tommi Björnman, President & CEO
  • Janne Silonsaari, CFO
  • Markku Koivisto, EVP, EMEA & CTO
  • Thomas Olsen, EVP, Americas
  • Jonni Friman, EVP, TMO


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#Nonwovens

Francois Guetat joins Suominen as COO

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#Nonwovens / Technical Textiles

Suominen reports decline in sales and earnings – Cost savings program and leadership change to drive recovery

Finnish nonwovens manufacturer Suominen Corporation has reported a noticeable drop in both revenue and profitability for the first half of 2025, reflecting a challenging global trade environment, particularly the impact of recent U.S. tariffs, as well as persistently high energy and raw material costs.

#Nonwovens / Technical Textiles

CEO of Suominen Corporation changes

Suominen Corporation’s Board of Directors has appointed Mr. Charles Héaulmé, current Chair of the Board, as the company’s new President and CEO. Mr. Héaulmé will start at the latest August 11, 2025.

#Nonwovens / Technical Textiles

Suominen publishes figures and launches a cost saving programme

Suominen Corporation has published its interim results for Q1 2025, showing increased net sales but continued margin pressure. In response, the company is launching a cost-saving programme targeting EUR 10 million in structural reductions over the next 24 months.

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#ITMA Asia + CITME Singapore 2025

ANDRITZ sets focus on textile recycling and durable nonwoven production technologies at ITMA Asia 2025

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#ITMA Asia + CITME Singapore 2025

Dilo Group at ITMA ASIA Singapore 2025

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#Nonwovens

OUTLOOK™ 2025: Charting a sustainable and innovative future for the Nonwovens Industry

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#Nonwovens

Global Nonwovens Alliance unveils Inaugural Board, advancing collaboration and growth worldwide

The Global Nonwovens Alliance (GNA), a tax-exempt federation jointly founded by INDA, the Association of the Nonwoven Fabrics Industry, and EDANA, the Voice of Nonwovens, announces the appointment of its founding Board of Directors. This group of leaders represents some of the most influential executives across the nonwovens value chain and reflects GNA’s mission to foster global collaboration, innovation, and growth in the industry.

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#ITMA Asia + CITME Singapore 2025

Innovation and customer proximity – KARL MAYER’s clear focus makes an impression

ITMA ASIA in Singapore was a resounding success for KARL MAYER, exceeding all expectations. The company welcomed visitors from 39 countries and held around 570 expert discussions. Most guests came from India, followed by China, Indonesia and Pakistan. The exchange with them was both well-founded and targeted. Conversation topics ranged from investment projects and new technologies to opportunities for cooperation and business expansion.

#Recycling / Circular Economy

Nanollose creates the world’s first wearable fashion garment made from liquid waste

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Catching heart disease early with AI-based sensor system

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#ITMA Asia + CITME Singapore 2025

Singapore edition of ITMA ASIA + CITME makes successful presentation

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