Ahlstrom adds nanofibres to US portfolio

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<ul><li><p>CUMMINSANNOUNCES NEW</p><p>JOINTVENTURES</p><p>Cummins Inc and ChinasShaanxi Automobile GroupCompany Ltd have signed anagreement to form a 50/50joint venture company, XianCummins Engine Company(XCEC), to produce theCummins ISM 11-litreheavy-duty engine in Xian,the capital city of westernChinas Shaanxi Province. </p><p>The ISM is one of the flag-ship engines of Cumminsheavy-duty product line. </p><p>The companies will ini-tially invest US$24 million incapital into the joint venturecompany, which will haveaccess to the Cummins 11-litre, full-electronic ISMengine platform from 305 to440 horsepower. </p><p>Construction of the plantcould begin as soon as thefourth quarter of 2005 andproduction could start asearly as the third quarter of2006.</p><p>The market for heavy-duty trucks with payloadsgreater than 15 tons is expect-ed to be around 200 000 unitsby 2010. The joint venturesprojected production is 50000 units by 2010. Cummins Inc has also</p><p>signed a joint ventureagreement with Scania CVAB, to produce next-gener-ation fuel systems forheavy-duty on-highwaytrucks. Cummins-ScaniaXPI Manufacturing LLP isa 50-50 joint venture,which builds on Cummins-Scania partnerships on fuelsystems development andmanufacturing that date toJanuary 1992. The twocompanies currently worktogether in Columbus toproduce the HPI fuel sys-tem, which eventually willbe replaced by the XPI(Xtra-High Pressure Injec-tion) system.</p><p> And Cummins has alsobeen recognised for its eco-nomic, environmental andsocial leadership by DowJones, which added thecompany to its Sustainabil-ity World Index for 2005.The index represents thetop 10 percent of theworlds largest 2,500 com-panies in these corporatesustainability metrics. Theupdated index based onDow Jones annual reviewbecame effective with theopening of the equity mar-kets on 19 September.Cummins is one of the 44global companies nowincluded in the WorldIndexs industrial goodsand services sector andonly one of two US compa-nies added to that particularsector this year. In its annu-al review, the Dow JonesSustainability Index (DJSI)analyses companies inthree categories econom-ic, environment and social each counting for one-third of a companys totalscore. Issues consideredinclude corporate gover-nance, codes of conduct,environmental policy andprocedures and the scope oftheir application, environ-mental management sys-tems, corporate citizenshipand philanthropy, labourpractices and employeedevelopment.</p><p>AHLSTROM ADDS</p><p>NANOFIBRES TOUS PORTFOLIO</p><p>Ahlstrom is to add propri-etary nanofibre productioncapabilities to its filtrationbusiness in North America.</p><p>This new line will allowthe company to apply nanofi-bres to a variety of filtrationand nonwoven media that itproduces.</p><p>The addition of this tech-nology to Ahlstroms portfolio</p><p>will bring significant advantagesacross our global product offer-ing, said Randal Davis, seniorvice president of filtration. </p><p>Not only will our tradi-tional engine filtration mediabe enhanced, but we plan onbringing nanofibres to otherapplications in air and liquidfiltration, he added.</p><p>September 2005N</p><p>EW</p><p>S</p><p>16</p><p>Filtration Industry Analyst</p><p>02207 Printed by Mayfield Press (Oxford) Limited, UK.</p><p>Editorial OfficeElsevier Advanced</p><p>TechnologyPO Box 150Kidlington</p><p>Oxford OX5 1ASUnited Kingdom</p><p>Tel: +44 (0)1865 843642Fax: +44 (0)1865 843971</p><p>E-mail: d.hopwood@elsevier.com</p><p>Web: www.filtsep.com</p><p>EditorDavid Hopwood</p><p>Assistant EditorLiz Nickels</p><p>Permissions may be sought directlyfrom Elsevier Rights &amp; PermissionsDepartment, PO Box 800, Oxford OX51DX, UK; phone: (+44) 1865 843830,fax: (+44) 1865 853333, e-mail: permis-sions@elsevier.com.You may also con-tact Rights &amp; Permissions directlythrough Elseviers home page(http://www.elsevier.com), selecting firstCustomer Support, then GeneralInformation, then Permissions QueryForm.In the USA, users may clear permis-sions and make payments throughthe Copyright Clearance Center,Inc., 222 Rosewood Drive, Danvers,MA 01923, USA; phone: (978)7508400, fax: (978) 7504744, and inthe UK through the Copyright Licens-ing Agency Rapid Clearance Service(CLARCS), 90 Tottenham CourtRoad, London W1P 0LP, UK; phone:(+44) (0)20 7436 5931 ; fax: (+44)(0)20 7631 5500. Other countries mayhave a local reprographic rightsagency for payments.Derivative WorksSubscribers may reproduce tables ofcontents or prepare lists of articlesincluding abstracts for internal circula-tion within their institutions. Permissionof the publisher is required for resale ordistribution outside the institution.Permission of the publisher isrequired for all other derivativeworks, including compilations andtranslations.Electronic Storage or UsagePermission of the publisher is re-quired to store or use electronicallyany material contained in this jour-nal, including any article or part of anarticle. Contact the publisher at theaddress indicated.Except as outlined above, no part ofthis publication may be reproduced,stored in a retrieval system or trans-mitted in any form or by any means,electronic, mechanical, photocopy-ing, recording or otherwise, withoutprior written permission of the pub-lisher.Address permissions requests to:Elsevier Rights &amp; PermissionsDepartment, at the mail, fax ande-mail addresses noted above.NoticeNo responsibility is assumed by thepublisher for any injury and/or dam-age to persons or property as a mat-ter of products liability, negligence orotherwise, or from any use or opera-tion of any methods, products,instructions or ideas contained in thematerial herein. Because of rapid ad-vances in the medical sciences, inparticular, independent verification ofdiagnoses and drug dosages shouldbe made.Although all advertising material isexpected to conform to ethical(medical) standards, inclusion inthis publication does not constitutea guarantee or endorsement of thequality or value of such product or ofthe claims made of it by itsmanufacturer.</p><p>EXCHANGERATES AGAINSTTHE US DOLLAR</p><p>Date: 21 September 2005</p><p>COUNTRY RATEAustralia A$1.30</p><p>Austria 0.82</p><p>Belgium 0.82</p><p>Canada C$1.17</p><p>China Yn8.09</p><p>Denmark DKr6.10</p><p>Finland 0.82</p><p>France 0.82</p><p>Germany 0.82</p><p>India Rs43.89</p><p>Italy 0.82</p><p>Japan 111.17</p><p>Malaysia Rt3.77</p><p>Netherlands 0.82</p><p>Norway NKr6.38</p><p>Philippines Peso56.33</p><p>Singapore S$1.69</p><p>South Africa R6.37</p><p>South Korea Won1029.96</p><p>Spain 0.82</p><p>Sweden SKr7.64</p><p>Switzerland SFr1.27</p><p>Taiwan T$33.09</p><p>Thailand Bt41/06</p><p>UK 0.55</p><p>USA US$1.00</p></li></ul>