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    Top Features
    2020 Trends in Nonwovens

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    The Year that Was 2019

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    Breaking News

    Neenah’s Sales Grow 10%

    Reach a record $266.5 million in the quarter

    Related CONTENT
    • Berry Reports Q4 and Fiscal Year Results
    • Americo Gains Investor
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    05.10.18
    Neenah’s consolidated net sales increased 10% to a record $266.5 million in the first quarter of 2018 compared with $242.1 million in the first quarter of 2017. Revenue gains resulted from higher volumes, both organic and with the November 2017 Coldenhove acquisition, a higher-priced sales mix, increased selling prices and favorable currency effects.

    The company announced that following an analysis of various initiatives to optimize the portfolio of products and the manufacturing footprint in the Fine Paper & Packaging segment, a process will be initiated to sell its manufacturing facility located in Brattleboro, VT. Historically, this mill has manufactured products primarily for the office supply category. Based on preliminary estimates, a second quarter non-cash impairment charge related to the mill and associated office and R&D facilities could be in the range of $30 to $40 million.

    “Our results in the first quarter reflected very strong performance in our Technical Products businesses, tempered by expected near term cost headwinds in Fine Paper & Packaging. As we communicated in February, impacts from these higher input and freight costs would be most significant in the first half of this year. Changes in costs are a normal part of business and our teams are implementing improvements to offset them, just as we have in the past. This includes ongoing evaluations of our product portfolio and asset footprint which has led to the announcement of the sale process for our mill in Vermont,” says John O'Donnell, CEO. “The actions we're taking to address costs will contribute to improved margins and profits as we move forward in the year. In addition, we're successfully executing our top line strategies to expand in profitable and growing markets like filtration, premium packaging and performance materials. Our financial position is strong and our teams are engaged as we continue to transform the growth trajectory of our company in ways that can deliver the maximum value to our shareholders.”
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    • Chemicals/Adhesives
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      Heike van de Kerkhof will succeed Alexander Wessels
      12.10.19

    • Adult Incontinence | Diaper, Baby | Feminine Hygiene | Mergers and Acquisitions | South/Central America

      Fitesa Buys Freudenberg's South American Hygiene Business

      Brazilian site has developed nonwovens for the South American hygiene market since 1985
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    • Machinery and Equipment

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    • Green/Sustainability | Wipes
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      Nice-Pak to Offer Sustainable Solutions to Every Customer

      Every proposal to feature plastic-free options
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    • Geotextile/Agrotextile

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    • Filtration | Shows/Events
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    • Green/Sustainability | Wipes

      Nölken Incorporates Sustainable Wipes Packaging

      Germany producer uses material optimized for recycling
      12.04.19

    • Optima Packaging Honored at Regional Competition

      Optima Packaging Honored at Regional Competition

      Ministry of Economic Affairs and the Bildungswerk training institute honor approaches to digitization in human resources work
      12.04.19

    • Wipes

      Eyelid Wipes Launch

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    • P&G Releases 2019 Citizenship Report

      Highlights commitment to community impact, gender equality, diversity & inclusion and sustainability
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    • Ahlstrom-Munksjö Adds to Executive Management Team

      Anna Bergquist and Tarja Takko promoted
      12.03.19

    • Associations | Geotextile/Agrotextile | Shows/Events

      EurAsian Geotextiles Symposium Held in Beijing

      Standardization, sustainability and environmental protection were key themes
      12.03.19

    Breaking News
    • Simavita Set to License Sensor Technology in EU
    • NDC Appoints President
    • AATC Adds Two Scholarships
    • Archroma Names CEO
    • Fitesa Buys Freudenberg's South American Hygiene Business
    View Breaking News >
    CURRENT ISSUE

    November 2019

    • Airlaid Market Report
    • Nonwovens in Filtration
    • WHO’S WHO IN SAN PRO MACHINERY
    • Feminine Hygiene Brand Owners Directory
    • Feminine Hygiene Manufacturers Shift Focus
    • View More >



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