Breaking News

Rayonier Sells Airlaid Business

October 20, 2005

Rayonier, the maker of Novathin airlaid absorbent core material, has entered into an agreement to sell its Engineered Absorbent Materials business (EAM Corporation) to a New York-based private equity firm. The division will continue to operate under its current management and the Engineered Absorbent Materials Corporation banner after the transaction with Kinderhook Industries closes in mid November.

“While EAM has developed into a successful global niche business, its relatively small size is not an ideal fit in our product portfolio and we believe the business will be better positioned to grow independently,” said Paul Boynton, senior vice president, Performance Fibers, at Rayonier. “The sale provides an opportunity for us to invest the proceeds into higher-return projects to benefit our Performance Fibers business.”

EAM’s trademarked NovaThin absorbent cores, developed through Rayonier’s research and development efforts, are used in feminine hygiene, adult incontinence and other absorbent consumer applications. Kinderhook executives said they will continue to expanding NovaThin’s sales through the division’s experienced management and state-of-the-art manufacturing assets.

A major producer of high performance specialty cellulose fibers, Rayonier will continue to expand pilot production for its Xcel fibers, a cellulosic acquisition fiber that can be applied with conventional diaper manufacturing equipment.
  • 2016 International Buyers Guide

    2016 International Buyers Guide

    July 15, 2016
    Our annual Buyers’ Guide lists nearly every supplier and producer involved with the global nonwovens industry.

  • Raw Material Round Up

    Raw Material Round Up

    Karen McIntyre, Editor||June 9, 2016
    Suppliers to nonwovens manufacturers continue to innovate.

  • Fiber Producers Hone in on Hygiene

    Fiber Producers Hone in on Hygiene

    Tara Olivo, Associate Editor||June 9, 2016
    Growth in hygiene markets has spurred innovation among these suppliers to the nonwovens industry.