Recently released company announcements.
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9.2.2008 |
ALPHARETTA, GA (September 2, 2008) — Two of Neenah Paper’s flagship brands, CLASSIC CREST® and CLASSIC® Linen Papers have had a makeover. Neenah Paper is proud to announce that both CLASSIC CREST and CLASSIC Linen Papers are now entirely FSC Certified (SW-COC-000885). Additionally, both offerings include two new 100% post consumer fiber sheets, Recycled 100 Bright White and Recycled 100 Natural White, as well as Green Seal Certified options consisting of a minimum of 30% post consumer fiber. They will both continue to be made carbon neutral.
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8.19.2008 |
ALPHARETTA, Ga., Aug. 19 /PRNewswire-FirstCall/ -- In one of its boldest green initiatives yet, Neenah Paper (NYSE: NP) has contracted to convert wood and fiber waste into steam energy to power its largest fine paper mill. The Neenah Green: Change Comes from Within environmental campaign gave impetus to the development of broader mill-based solutions such as this state-of-the-art facility. Located at the company's Whiting Mill, the fossil fuel-free steam energy system will be built by Vision Power, a Florida-based independent energy services company, and is scheduled for completion in the third quarter of 2009.
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8.11.2008 |
ALPHARETTA, Ga., Aug. 11 /PRNewswire-FirstCall/ -- Neenah Paper, Inc. (NYSE: NP) today reported income from continuing operations for the second quarter 2008 of $6.2 million, or $0.42 per diluted common share, compared with income from continuing operations of $7.4 million, or $0.49 per diluted common share, for the second quarter of 2007. Consolidated net sales of $195 million in the second quarter of 2008 decreased six percent compared with the second quarter of 2007, as increased sales in Technical Products were offset by a decline in Fine Paper revenues.
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7.29.2008 |
ALPHARETTA, GA (July 29, 2008) — Neenah Paper, Inc. (“Neenah Paper”), a leading global producer of high performance technical products, today announced a price increase on all tape papers produced by Neenah Paper in the United States and Germany. The price increase is scheduled to become effective on September 1st, 2008.
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7.23.2008 |
ALPHARETTA, Ga., July 23 /PRNewswire-FirstCall/ -- Neenah Paper, Inc. (NYSE: NP) today announced it will release second quarter financial results on Monday, August 11, 2008, after the closing of the New York Stock Exchange. The company will hold a conference call to discuss earnings and business results at 11 a.m. Eastern time on Tuesday, August 12, 2008.
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7.21.2008 |
ALPHARETTA, Ga., July 21 /PRNewswire-FirstCall/ -- Neenah Paper, Inc. (NYSE: NP) announced today that its Board of Directors declared a regular quarterly cash dividend of $0.10 per share on the company's common stock. The dividend is payable on September 2, 2008 to stockholders of record as of close of business on August 8, 2008.
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6.24.2008 |
ALPHARETTA, Ga., June 24 /PRNewswire-FirstCall/ -- Neenah Paper, Inc. (NYSE: NP) announced today that it had completed the sale of its Pictou pulp mill to Northern Pulp Nova Scotia Corporation ("Northern Pulp"), a new operating company of Atlas Holdings LLC ("Atlas") and Blue Wolf Capital Management LLC ("Blue Wolf"). The intended transaction was originally communicated in a press release on May 15, 2008; and terms of the sale are consistent with this earlier release.
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5.15.2008 |
ALPHARETTA, Ga., May 15 /PRNewswire-FirstCall/ -- Neenah Paper, Inc. (NYSE: NP) announced today that it had signed a definitive agreement to sell its Pictou pulp mill to Northern Pulp Nova Scotia Corporation ("Northern Pulp"), a new operating company of Atlas Holdings LLC ("Atlas") and Blue Wolf Capital Management LLC ("Blue Wolf"). The mill, located in Nova Scotia, Canada consists of one machine with annual capacity of approximately 270,000 metric tons of pulp. In 2007, approximately 90 percent of the mill's production was northern bleached softwood kraft pulp. The sale agreement pertains only to the Pictou mill and associated woodlands operations; Neenah Paper will retain the 500,000 acres of timberlands that it owns in Nova Scotia.
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5.7.2008 |
ALPHARETTA, Ga., May 7, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- Neenah Paper, Inc. (NYSE: NP) today reported income from continuing operations for the first quarter 2008 of $8.5 million, or $0.57 per diluted common share, compared with income from continuing operations of $10.1 million, or $0.67 per diluted common share for the first quarter of 2007. Consolidated net sales of $206 million in the first quarter of 2008 increased 19 percent compared with the first quarter of 2007, primarily due to increased fine paper volumes following the acquisition of Fox River in March 2007. Operating income of $17.9 million in the first quarter of 2008 declined compared to income of $19.4 million in the first quarter of 2007, principally due to increases in manufacturing input costs that offset benefits of higher selling prices and operational efficiencies.
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5.6.2008 |
ALPHARETTA, GA (May 6, 2008) — Neenah Paper, Inc. (“Neenah Paper”), a leading global producer of high performance technical products, today announced a price increase on all tape papers produced by Neenah Paper in the United States and Germany. The price increase is scheduled to become effective on July 1st, 2008.
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4.23.2008 |
ALPHARETTA, Ga., April 23 /PRNewswire-FirstCall/ -- Neenah Paper, Inc. (NYSE: NP) today announced it will release first quarter financial results on Wednesday, May 7, 2008, after the closing of the New York Stock Exchange. The company will hold a conference call to discuss earnings and business results at 11 a.m. Eastern time on Thursday, May 8, 2008.
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4.21.2008 |
ALPHARETTA, Ga., April 21, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- Neenah Paper, Inc. (NYSE: NP) announced today that its Board of Directors declared a regular quarterly cash dividend of $0.10 per share on the company's common stock. The dividend is payable on June 3, 2008 to stockholders of record as of close of business on May 9, 2008.
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3.18.2008 |
ALPHARETTA, Ga., March 18 /PRNewswire-FirstCall/ -- Neenah Paper, Inc. (NYSE: NP) today announced that Sean Erwin, Chairman and Chief Executive Officer, will give an overview of the company's business strategies and results at the Goldman Sachs Paper and Forest Products Investor Conference on Wednesday, March 19 in Montreal and at the Bank of America SmidCap Conference on Wednesday, March 26 in Boston. The audio portion of the Bank of America conference presentation and subsequent question and answer session will be webcast live beginning at 4:20 p.m. (Eastern) on March 26. Instructions to access the webcast and copies of the presentations will be available on the company's internet site at www.neenah.com through the "Investor Relations" section. A replay of the webcast also will also be available through the company's internet site until April 11, 2008.
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3.13.2008 |
ALPHARETTA, Ga., March 13 /PRNewswire-FirstCall/ -- Neenah Paper, Inc. (NYSE: NP) ("Neenah Paper") announced today that the Company's proposed reverse/forward stock split was approved by shareholders in a special stockholders' meeting held on March 12. The effective date of the split is March 13, 2008. As previously announced, the reverse/forward split consists of a 1-for-50 reverse split of common stock followed immediately by a 50-for-1 forward split of the common stock. Holdings of stockholders with less than 50 shares of common stock prior to the split would be converted into fractional shares to be purchased by Neenah Paper at a price based on the average closing price per share on the New York Stock Exchange for the five days preceding the split. Stockholders holding 50 or more shares of common stock will continue to hold the same number of shares after the forward stock split, and will not receive any cash payment.
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3.12.2008 |
ALPHARETTA, Ga., March 12 /PRNewswire-FirstCall/ -- Neenah Paper, Inc. (NYSE: NP) today reported income from continuing operations for the fourth quarter 2007 of $2.9 million, or $0.19 per diluted common share, compared with income from continuing operations of $3.2 million, or $0.21 per diluted common share, for the fourth quarter of 2006. Consolidated net income in the fourth quarter of 2007 included an after-tax charge of $3.2 million, or $0.21 per diluted common share, to recognize settlement costs for litigation related to Terrace Bay retiree benefits.
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2.22.2008 |
ALPHARETTA, Ga., Feb. 22 /PRNewswire-FirstCall/ -- Neenah Paper, Inc. (NYSE: NP) today announced it will release 2007 fourth quarter and full year financial results on Wednesday, March 12, 2008, after the closing of the New York Stock Exchange. The company will hold a conference call to discuss earnings and business results at 11 a.m. Eastern time on Thursday, March 13, 2008.
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2.15.2008 |
ALPHARETTA, GEORGIA - February 15, 2008 Neenah Paper, Inc. (NYSE:NP) (“Neenah Paper”) announced today that the company will hold a special stockholders’ meeting on March 12 to approve a reverse/forward stock split. As previously announced, the record date for the meeting was February 6, 2008. The effective date of the reverse/forward split is expected to be March 13, 2008. A proxy statement is being mailed to all stockholders regarding this proposal. All stockholders are advised to carefully read the proxy statement as such document will contain important information about the upcoming special meeting and the proposed reverse/forward stock split.
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1.31.2008 |
ALPHARETTA, Ga., Jan. 31 /PRNewswire-FirstCall/ -- Neenah Paper, Inc. (NYSE: NP) ("Neenah Paper") announced today that its Board of Directors approved a reverse/forward split of the issued and outstanding shares of Neenah Paper common stock. If approved by Neenah Paper stockholders, the reverse/forward split will consist of a 1-for-50 reverse split of common stock followed immediately by a 50-for-1 forward split of the common stock. Holdings of stockholders with less than 50 shares of common stock prior to the split would be converted into fractional shares, which will be purchased by Neenah Paper at a price based on the average closing price per share on the New York Stock Exchange for the five days preceding the split. As part of the transaction, Neenah Paper expects to utilize up to $9 million to repurchase shares. Stockholders holding 50 or more shares of common stock will continue to hold the same number of shares after the forward stock split, and will not receive any cash payment. The reverse/forward split is expected to result in significantly reduced stockholder record keeping and mailing expenses and will provide small stockholders with a cost-effective way to cash out their investments.
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1.24.2008 |
ALPHARETTA, Ga., Jan. 24 /PRNewswire-FirstCall/ -- Neenah Paper, Inc. (NYSE: NP) announced today that its Board of Directors declared a regular quarterly cash dividend of $0.10 per share on the company's common stock. The dividend is payable on March 4, 2008 to stockholders of record as of close of business on February 8, 2008.
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