Profile: Neenah Paper Inc (NP.N)

NP.N on New York Stock Exchange

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Neenah Paper, Inc. (Neenah), incorporated on April 22, 2004, has two primary businesses: technical products business, and fine paper and packaging business. The Company’s technical products business is engaged in the production of filter media for transportation, water and other markets, and saturated and coated substrates for industrial products backings and various other end markets. The technical products brands include JET-PRO SofStretch, KIMDURA, MUNISING LP, PREVAIL, NEENAH, GESSNER and varitess. The Company’s fine paper and packaging business supplies printing, packaging and other specialty papers in North America. The fine paper and packaging brands include CLASSIC, ENVIRONMENT, CAPITOL BOND, ROYAL SUNDANCE, SOUTHWORTH, CLASSIC CREST, ESSE, ASTROBRIGHTS and EXACT BRIGHTS. In addition, the Company also operates Other segment, which includes the Index, Tag and Vellum Bristol product lines.

Technical Products

The technical products business is engaged in the production of filter media for automotive transportation, water and other industrial end markets; saturated and coated substrates for industrial products backings and a variety of other end markets; specialty tape; finished lightweight abrasive paper; label and tag products; other latex saturated and coated papers; image transfer papers; decorative components papers; other specialty products and wall covering substrates. The segment’s brands include JET-PRO SofStretch, KIMDURA, MUNISING LP, PREVAIL, NEENAH, GESSNER and varitess.

The Company’s specialty tape includes both saturated and unsaturated crepe and flat paper tapes, which are sold to manufacturers to produce finished pressure sensitive products for sale in automotive, transportation, manufacturing, building construction, and industrial general purpose applications, including sales in the consumer-do-it-yourself retail channel. It offers finished lightweight abrasive paper for use in the automotive, construction, metal and woodworking industries for both waterproof and dry sanding applications. The label and tag products are sold to pressure sensitive coaters, who in turn sell the coated label and tag stock to the label printing community. The other latex saturated and coated papers includes Premask paper, which is used as a protective over wrap for products during the manufacturing process and for applying signs, labeling and other finished products, and Medical packaging paper, a polymer impregnated base sheet. The image transfer papers are used to transfer an image from paper to tee shirts, hats, coffee mugs and other surfaces using an imaging coating for use in digital printing applications. The decorative components papers are used in book covers, stationery and fancy packaging. Its other specialty products include clean room papers, durable printing papers, release papers and furniture backers. The Company offers wall covering substrates to converters serving primarily European commercial and consumer-do-it-yourself markets.

The Company competes with Ahlstrom Corporation, Munksjö, ArjoWiggins SAS, Hollingsworth & Vose Company, Monadnock Paper Mills, Inc., Expera Specialty Solutions LLC., Potsdam Specialty Paper, Inc. and Paper Line S.p.A.

Fine Paper and Packaging

The Company’s fine paper and packaging business manufactures and sells writing, text, cover and specialty papers and envelopes used in corporate identity packages, invitations, personal stationery, labels and luxury packaging. The writing papers are used for business and personal stationery, corporate identity packages and similar end-use applications. The Company sells writing papers under the CLASSIC, ENVIRONMENT, CAPITOL BOND, ROYAL SUNDANCE and SOUTHWORTH trademarks. The fine paper and packaging business has an exclusive agreement to manufacture, market and distribute Crane & Co.'s CRANE'S CREST, CRANE'S BOND and CRANE'S LETTRA, branded fine papers, and Gruppo Cordenon-s SpA's SO...SILK, PLIKE and STARDREAM branded fine papers. The fine paper and packaging business also sells private watermarked paper and other specialty writing papers.

The text and cover papers and envelopes are used in applications, such as corporate brochures, pocket folders, corporate annual reports, advertising inserts, direct mail, business cards, hang tags, scrapbooks, and a variety of other uses where colors, textured finishes or heavier weight papers are desired. The Company’s brands in this category include CLASSIC, CLASSIC CREST, ESSE, ENVIRONMENT and ROYAL SUNDANCE. The Company also sells a variety of custom colors, paper finishes and duplex/laminated papers. The packaging and label papers are used for wine, spirits and beer labels, folding cartons, box wrap, bags, hang tags, and stored value cards servicing retail, cosmetics, spirits, and electronics end-use markets.

The bright papers are used in applications, such as direct mail, advertising inserts, scrapbooks and marketing collateral. The Company’s brands in this category include ASTROBRIGHTS and EXACT BRIGHTS. The fine paper and packaging business also produces and sells other specialty papers that address a consumer's need for image, such as translucent papers, art papers, papers for optical scanning and other specialized applications.

The Company competes with Mohawk Fine Paper Inc.

Company Address

Neenah Paper Inc

3460 Preston Ridge Rd
ALPHARETTA   GA   30005-2058
P: +1678.5666500
F: +1302.6555049

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