Paper Excellence , based in Western Canada, has agreed to buy Resolute Forest Products (NYSE: RFP ), whose headquarters are in Montreal, for about $2.7 billion of cash or $20.50 per share of RFP stock. In early trading, RFP stock soared 64.5% to $20.54. Additionally, the owners of RFP stock are supposed to receive “a share of future softwood lumber duty deposit refunds” that Resolute will receive for its transaction through June 30, 2022. Both companies develop and market paper and pulp products. About Resolute Forest Products and Domtar Resolute creates market pulp, tissue, wood products and papers, and it markets those offerings in over 60 countries. The company explains that its “pulp can be found in many everyday products, including bath tissue, paper towels, packaging, specialty papers and absorbent products such as diapers.” Another American pulp maker, Domtar, was acquired by Paper Excellence in November, and Resolute Forest is technically being absorbed by Domtar. Based in South Carolina, Domtar says that it is “the largest integrated manufacturer and marketer of uncoated freesheet paper in North America, and one of the largest manufacturers of pulp in the world.” The company reports that, before the Resolute deal, it had 20 plants .
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Schweitzer-Mauduit (SWM) and Neenah (NP) announced Tuesday the future executive leadership team and operating structure for the combined company.Neenah (NP) President and CEO…
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ALPHARETTA, Ga.--(BUSINESS WIRE)--Neenah, Inc. (NYSE:NP) announced today that its Board of Directors declared a regular quarterly cash dividend of $0.475 per share on the Company''s common stock. Neenah views returning cash to shareholders as an important priority and part of its overall strategy to deliver value to investors. The Company has paid the dividend consistently since 2004, reflecting the strong cash generation potential of the business. The dividend will be payable on June 2, 2022 to
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Neenah to Report Second Quarter Earnings on August 4, 2021
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ALPHARETTA, Ga.--(BUSINESS WIRE)--Neenah Announces the Appointment of a New Board Member
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ALPHARETTA, Ga.--(BUSINESS WIRE)-- #dispersa--Neenah, Inc. (NYSE: NP), a leading global manufacturer of materials focused on filtration media, specialty coatings, engineered materials as well as imaging and packaging, announced the expansion of their popular DISPERSA® product line into the direct thermal print market. An innovative extension to their water-dispersible DISPERSA portfolio, the market launch of DISPERSA DT meets customer demand for sustainable print solutions and is used in applications such
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Another Fox Valley paper mill is closing.
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(RTTNews) - Neenah Inc. (NP) said that it will invest $13 million in new release liner coating capacity in support of its growing specialty coatings business and the recent ITASA acquisition. The release liner coating capacity is planned to come on-line in mid-2023. The company will restart an idled Fine Paper & Packaging asset in support of
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Neenah found using ticker (NP) have now 2 analysts covering the stock. The analyst consensus points to a rating of ''Buy''. The range between the high target price and low target price is between 65 and 64 calculating the mean target price we have 64.5. Given that the stocks previous close was at 51.07 this indicates there is a potential upside of 26.3%. There is a 50 day moving average of 53.55 and the 200 day moving average is 54.68. The market cap for the company is $884m. Company Website: /> [stock_market_widget type="chart" symbol="NP" chart="bar" range="6mo" interval="1d" line-color="rgb(49, 125, 189)"] Neenah, a specialty materials company, produces and sells performance-based technical products, and fine paper and packaging products worldwide. Its Technical Products segment offers filtration media for transportation, water, and other end use applications; saturated and unsaturated crepe, and flat paper tapes; and coated lightweight abrasive papers for automotive, construction, metal, and woodworking industries.
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Neenah found using ticker (NP) have now 2 analysts covering the stock with the consensus suggesting a rating of ''Buy''. The target price ranges between 65 and 64 with a mean TP of 64.5. Given that the stocks previous close was at 52.65 this would indicate that there is a potential upside of 22.5%. The 50 day MA is 54.45 and the 200 day moving average is 54.29. The company has a market cap of $883m. You can visit the company''s website by visiting: /> [stock_market_widget type="chart" symbol="NP" chart="bar" range="6mo" interval="1d" line-color="rgb(49, 125, 189)"] Neenah, a specialty materials company, produces and sells performance-based technical products, and fine paper and packaging products worldwide. Its Technical Products segment offers filtration media for transportation, water, and other end use applications; saturated and unsaturated crepe, and flat paper tapes; and coated lightweight abrasive papers for automotive, construction, metal, and woodworking industries. It also provides digital transfer media; label and tag products for digital printing; latex saturated and coated, premask, medical packaging, digital transfer, publishing, security, clean room and durable printing, and release papers; and furniture backers.
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Clearwater Paper is closing its Neenah plant, putting 290 people out of work. Company officials said Clearwater is moving away from the home paper business. The Neenah plant is part of the companys consumer products division, making tissue products for grocery and drug stores and []
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Neenah with ticker code (NP) now have 2 analysts covering the stock. The analyst consensus points to a rating of ''Buy''. The target price ranges between 65 and 64 with a mean TP of 64.5. With the stocks previous close at 53.1 this now indicates there is a potential upside of 21.5%. The 50 day moving average now sits at 54.51 while the 200 day moving average is 53.93. The company has a market cap of $898m. Company Website: /> [stock_market_widget type="chart" symbol="NP" chart="bar" range="6mo" interval="1d" line-color="rgb(49, 125, 189)"] Neenah, a specialty materials company, produces and sells performance-based technical products, and fine paper and packaging products worldwide. Its Technical Products segment offers filtration media for transportation, water, and other end use applications; saturated and unsaturated crepe, and flat paper tapes; and coated lightweight abrasive papers for automotive, construction, metal, and woodworking industries. It also provides digital transfer media; label and tag products for digital printing; latex saturated and coated, premask, medical packaging, digital transfer, publishing, security, clean room and durable printing, and release papers; and furniture backers.
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ALPHARETTA, Ga.--(BUSINESS WIRE)--Neenah, Inc. (NYSE: NP), the leading North American supplier of reinforced medical packaging papers, announces an ultra-lightweight addition to their single-use sterile packaging offering. This innovative, high-performance solution introduces the market to a durable, cost-saving alternative to kraft and synthetic-based medical packaging traditionally used for nasal swabs, syringes, and other single-use applications. This ultra-lightweight addition brings new o
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Today, Dieline announced its 2021 Dieline Awards winners, presenting trophies to 205 recipients across a wide range of categories. Dieline Awards, now in its 12th year, is one of the worlds largest global packaging design competitions. Presented by Adobe and sponsored by Neenah, Designalytics, and Manter, Dieline Awards 2021 recognizes the absolute best and brightest []
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Neenah with ticker code (NP) have now 2 analysts covering the stock with the consensus suggesting a rating of ''Buy''. The range between the high target price and low target price is between 65 and 64 with the average target price sitting at 64.5. Now with the previous closing price of 54.42 this would indicate that there is a potential upside of 18.5%. The day 50 moving average is 54.31 and the 200 moving average now moves to 53.43. The market cap for the company is $911m. You can visit the company''s website by visiting: /> [stock_market_widget type="chart" symbol="NP" chart="bar" range="6mo" interval="1d" line-color="rgb(49, 125, 189)"] Neenah, a specialty materials company, produces and sells performance-based technical products, and fine paper and packaging products worldwide. Its Technical Products segment offers filtration media for transportation, water, and other end use applications; saturated and unsaturated crepe, and flat paper tapes; and coated lightweight abrasive papers for automotive, construction, metal, and woodworking industries.
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Neenah found using ticker (NP) have now 2 analysts covering the stock. The analyst consensus points to a rating of ''Buy''. The range between the high target price and low target price is between 65 and 64 and has a mean target at 64.5. Given that the stocks previous close was at 54.02 this would indicate that there is a potential upside of 19.4%. The 50 day moving average now sits at 53.86 while the 200 day moving average is 52.76. The company has a market capitalisation of $952m. Visit the company website at: /> [stock_market_widget type="chart" symbol="NP" chart="bar" range="6mo" interval="1d" line-color="rgb(49, 125, 189)"] Neenah, a specialty materials company, produces and sells performance-based technical products, and fine paper and packaging products worldwide. Its Technical Products segment offers filtration media for transportation, water, and other end use applications; saturated and unsaturated crepe, and flat paper tapes; and coated lightweight abrasive papers for automotive, construction, metal, and woodworking industries.
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The global Consumer Electronic Packaging market is expected to reach USD XX Million by 2027, with a CAGR of XX% from 2020 to 2027, based on HNY Research newly published report. The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America). By Market Verdors: DS Smith Plc Mondi Group International Paper Company Sonoco Products Company Sealed Air Corporation Huhtamaki Oyj Smurfit Kappa Group PLC WestRock Company UFP Technologies, Inc. Stora Enso Oyj Pregis Corporation Shenzhen Hoichow Packing Manufacturing Ltd. Dordan Manufacturing Company Hangzhou Xunda Packaging Co. Dunapack Packaging Group Universal Protective Packaging, Inc. Parksons Packaging Ltd. Neenah Paper Inc.
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ALPHARETTA, Ga.--(BUSINESS WIRE)--Neenah Reports 2020 Fourth Quarter and Full Year Results
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Neenah announce their quarterly, annual earnings. See the latest EPS estimates. Listen to the conference call and remind yourself by…
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Neenah, Inc. announced today it will issue a press release covering fourth quarter and full year financial results after U.S. markets close on Wednesday, February 17, 2021. The company will hold a… | January 29, 2021
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ALPHARETTA, Ga.--(BUSINESS WIRE)--Neenah Renews Share Repurchase Plan
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ALPHARETTA, Ga.--(BUSINESS WIRE)--Neenah Completes Successful Debt Refinancing
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ALPHARETTA, Ga.--(BUSINESS WIRE)--Neenah, Inc. (NYSE:NP) announced today that the Company is seeking to refinance its $175 million of unsecured Senior Notes which are due in May 2021. The Company anticipates refinancing the Notes with the proceeds of a new $200 million Term Loan B facility with a tenor up to seven years. The objectives of the refinancing are to increase the Company’s financial flexibility and extend its weighted average debt maturity. Terms of the potential refinancing will be
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ALPHARETTA, Ga., May 7, 2020 /PRNewswire/ -- Neenah, Inc. (NYSE: NP) announced today that Senior Vice President, Chief Financial Officer (CFO) and Treasurer Bonnie Lind has communicated her plans to retire. Ms. Lind will remain with Neenah through an October 1 retirement date to ensure a…
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ALPHARETTA, Ga., May 5, 2020 /PRNewswire/ -- Neenah, Inc. (NYSE: NP) announced today that due to safety concerns from the coronavirus (COVID-19) pandemic and related regulatory restrictions on non-essential activities, that the Company's 2020 annual meeting of stockholders has been…
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DEARBORN, Mich.--(BUSINESS WIRE)-- #3DPrinting--EnvisionTEC, a leading global manufacturer of desktop and full-production 3D printers and materials, is proud to announce they have successfully completed a clinical trial to use the EnvisionTEC 3D printed Nasopharyngeal (NP) Swabs for COVID-19 testing. EnvisionTEC, as well as a growing number of their Envision One cDLM customers who have also registered with the FDA to take part in this endeavor, have the mass production capabilities to produce up to a million
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DALLAS, April 15, 2020 /PRNewswire/ -- Unique Software Development announced today that it has launched the "MakerCause" initiative at makercause.com to centralize efforts to produce 3D-printed respirator masks, face shields and nasopharyngeal (NP) swabs to support healthcare workers,…
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ALPHARETTA, Ga., April 8, 2020 /PRNewswire/ -- Neenah, Inc. (NYSE: NP) today published an updated Corporate Sustainability Report (CSR) on its web site (www.neenah.com) under the "About Us" section. The report highlights the Company's commitment and progress on environmental, social, and…
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AUSTIN, Texas, April 1, 2020 /PRNewswire/ -- The American Association of Nurse Practitioners® (AANP) today announced that its chief executive officer (CEO), David Hebert, JD, will retire from the organization in December 2020 after eight years of service to the nurse practitioner (NP)…
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3D printer company Formlabs reports that it is now using its 250+ in-house 3D printers at its Ohio-based printing facility to produce up to 150,000 COVID-19 test swabs per day. The swabs are being used on patients at hospitals and healthcare providers across the country experiencing test kit shortages, including New York’s largest hospital system, Northwell Health, and Tampa General Hospital. Over the span of one weekend, Formlabs, Northwell Health, and University of South Florida (USF) Health worked together to develop and test a nasal swab prototype, said Formlabs. In just two days, USF Health and Northwell, using Formlabs’ 3D printers and autoclavable resins, developed prototypes that received a variety of hospital approvals, and have now received FDA Class I Exempt status and are in compliance with new guidelines from the Centers for Disease Control, said Formlabs. The nasopharyngeal swabs will be provided to patients at Northwell Health and USF Health, and the design will be shared with other institutions across the country via Formlabs COVID-19 Response page. 3D-printed nasal swabs.
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ALPHARETTA, Ga., March 3, 2020 /PRNewswire/ -- Neenah, Inc. (NYSE: NP) today announced the signing of a definitive agreement to acquire Vectorply Corporation ("Vectorply"), a portfolio company of MSouth Equity Partners, for $155 million in cash. Closing is expected to occur on April 1,…
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ALPHARETTA, Ga., Feb. 18, 2020 /PRNewswire/ -- Neenah, Inc. (NYSE: NP) today reported 2019 fourth quarter and full-year results. Fourth Quarter Highlights Revenues of $213.6 million decreased 11 percent versus the fourth quarter of 2018 with a decline of approximately three percent due to…
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ALPHARETTA, Ga., Feb. 11, 2020 /PRNewswire/ -- Neenah, Inc. (NYSE: NP) announced today that John P. O'Donnell will retire as Chief Executive Officer and as a member of the Board of Directors effective on May 21, 2020, and that the Board of Directors has unanimously elected Julie A….
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In a bid to make India a major hub of final assembly for Network Products (NP), the government on Saturday announced to unveil a detailed scheme soon to boost mobile phone, electronics equipment and semiconductor manufacturing in the country.
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ALPHARETTA, Ga., Jan. 29, 2020 /PRNewswire/ -- Neenah, Inc. (NYSE: NP) announced today it will issue a press release covering fourth quarter and full year financial results after U.S. markets close on Tuesday, February 18, 2020. The company will hold a conference call to discuss earnings…
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ALPHARETTA, Ga., Dec. 16, 2019 /PRNewswire/ -- Neenah, Inc. (NYSE: NP) today announced that Julie A. Schertell has been named Chief Operating Officer (COO), reporting to John O'Donnell, Chief Executive Officer, effective January 1. Ms. Schertell joined Neenah in 2008 and is currently…
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ALPHARETTA, Ga., Nov. 26, 2019 /PRNewswire/ -- Neenah, Inc. (NYSE: NP) announced that on November 21, 2019, its Board of Directors approved a four percent increase in the cash dividend on the Company's common stock. The quarterly dividend will increase from $0.45 per share to $0.47 with…
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NP earnings call for the period ending September 30, 2019.
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ALPHARETTA, Ga., Nov. 5, 2019 /PRNewswire/ -- Neenah, Inc. (NYSE: NP) today reported third quarter 2019 results. Third Quarter Highlights Net sales of $231.8 million decreased 10 percent compared with $256.2 million in the prior year. On a constant currency basis and excluding the impact…
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