Profile: Neenah Paper Inc (NP.N)
14 Dec 2017
Neenah Paper, Inc., incorporated on April 22, 2004, is a producer of technical products and premium fine papers and packaging. The Company has two primary businesses: technical products business, and fine paper and packaging business. The Company's segments consist of Technical Products, Fine Paper and Packaging, and Other. The technical products business is an international producer of transportation, water and other filter media and durable, saturated and coated substrates for a range of end markets. The fine paper and packaging business is a supplier of printing and other specialty papers in North America. Its technical products manufacturing facilities are located near Munich, Germany, in Bolton, England, in Munising, Michigan and in Pittsfield, Massachusetts. In addition, certain technical products are manufactured along with fine paper and packaging products in shared facilities located in upstate New York and Quakertown, Pennsylvania.
The Company's technical products business produces performance-based substrates, such as filtration media for transportation, water and other filtration markets, and saturated and coated performance materials used for industrial backings, labels and a range of other end markets. Its technical products are sold to other manufacturers as components for their finished products. JET-PRO SofStretch, KIMDURA, GESSNER, PREVAIL, NEENAH and GESSNER are brands of its technical products business. Filtration media for transportation, including induction air, fuel, oil, and cabin air applications. Transportation filtration media are sold to suppliers of automotive companies as original equipment on new cars and trucks, as well as to the automotive aftermarket. Filtration media for water and other industrial end markets, primary applications include reverse osmosis, catalytic conversion, nanofiltration, ultrafiltration, pervaporation and vapor permeation, as well as other applications for specialty markets. Specialty backings, including saturated and unsaturated crepe and flat paper tapes 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, and coated lightweight abrasive paper used in the automotive, construction, metal and woodworking industries for both waterproof and dry sanding applications.
Label and tag products made from both saturated base label stock and purchased synthetic base label stock, with coatings applied to allow for variable and digital printing. The synthetic label stock is used for outdoor applications. Label and tag stock is sold to pressure sensitive coaters, who in turn sell the coated label and tag stock to the label printing community. Other latex saturated and coated papers are used by a range of manufacturers. Premask paper is used as a protective over wrap for products during the manufacturing process and for applying signs, labeling and other finished products. Medical packaging paper is a polymer impregnated base sheet that provides a breathable sterilization barrier. Image transfer papers 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. Publishing and security papers used to produce book covers, stationery, fancy packaging and passports. Other specialty products include clean room papers, durable printing papers, release papers and furniture backers.
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 packaging, and format applications. The brands in this category include CLASSIC, CLASSIC CREST, ESSE, ENVIRONMENT, CAPITOL BOND, ROYAL SUNDANCE, SOUTHWORTH and TOUCHE trademarks. The fine paper and packaging business also sells private watermarked paper and other specialty writing, text and cover papers. Additionally, the fine paper and packaging business provides solutions in the format arena, led by its Neenah Wide Format and CONVERD brands. Premium 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. Its brands in these categories include NEENAH Folding Board, ESTATE LABEL, Neenah Box Wrap, PELLAQ, KIVAR, SKIVERTEX, ILLUSIO and SENZO. Bright papers are used in applications, such as direct mail, advertising inserts, scrapbooks and marketing collateral. Its brands in this category include ASTROBRIGHTS and CREATIVE COLLECTION. Additionally, business papers for professionals and small businesses are sold under its Southworth brand through retailers. The fine paper and packaging business also produces and sells other specialty papers that address a consumer's need, such as translucent papers, art papers, papers for optical scanning and other specialized applications.
The Company competes with Ahlstrom Corporation, Munksjo, ArjoWiggins SAS, Hollingsworth & Vose Company, Monadnock Paper Mills, Inc., Expera Specialty Solutions LLC., Potsdam Specialty Paper, Inc., Paper Line S.p.A. and Mohawk Fine Paper Inc.
Neenah Paper Inc
3460 Preston Ridge Rd
ALPHARETTA GA 30005-2058
Company Web Links
- BRIEF-Neenah Announces 11 Pct Dividend Increase And 2018 Share Repurchase Plan
- BRIEF-Neenah reports Q3 earnings per share $1.10
- BRIEF-Neenah grows technical products platform with agreement to acquire Coldenhove
- BRIEF-Neenah Paper amends its existing third amended, restated credit agreement
- BRIEF-Neenah Q2 EPS $1.46 from continuing operations