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Agenda. Company overview Market Leader – Premium Niche Strategy Environmental Focus Value to Xerox. Agenda. Company overview Market Leader – Premium Niche Strategy Environmental Focus Value to Xerox. Company Overview.
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Agenda • Company overview • Market Leader – Premium Niche • Strategy • Environmental Focus • Value to Xerox
Agenda • Company overview • Market Leader – Premium Niche • Strategy • Environmental Focus • Value to Xerox
Company Overview • Leading manufacturer of high-performance, specialty technical products and #1 niche supplier of branded premium fine papers • Global sales presence with 7 production facilities in U.S. and Europe • Blue chip customer base including: • Spun-off from Kimberly-Clark in November 2004 • Technical Products (60% net sales) • Specialized, performance-based materials • End markets:filtration, industrial backings, labels, graphics & identification and other materials. Fine Paper Technical Products • Fine Paper(40% net sales) • Premium textured and colored papers • End markets:high-end communications and printing, packaging and labels.
Company Overview: 2010 Highlights +7% Revenue (millions) +21%
Company Overview: Tech Products Furniture Backer Transportation Filtration Abrasive Tape & Premask Decorative Components Durable Print Labels & Tags Wall Covering
Company Overview: Fine Paper Graphic Imaging Unique colors, textures and finishes for identity, print collateral, invitations, engraving, and envelopes Packaging Premium folded cartons, box wrap, cosmetics, bags; image-enhancing textures, colors, and finishes Labels Tactile, high-quality premium wine, beverage, and spirit labels, food labels, hang tags
[3] Fine paper mills [7] Fine paper machines [1,200,000] Daily operating capacity (LBS)
Flexible Manufacturing Environment • Smaller minimums allow special make solutions for specific customer needs • Special colors as low as 5,000 pounds • Special weights as low as 5,000 pounds • Special finishes as low as 2,000 pounds • Special sizes as low as 2,000 pounds • All products available in sheets and rolls
Agenda • Company overview • Market Leader – Premium Niche • Strategy • Environmental Focus • Value to Xerox
Market Leader – Premium Niche Premium Value Share • Competitive Advantages • Leading brands that are specified by printers and designers • Highest quality papers coupled with guaranteed service excellence • Leading supply chain capabilities • Cost effective “purpose-built” assets that are youngest in the industry • Selective distribution further supporting pricing power • Financial strength with attractive margins, cash flow and return on assets Premium Fine Paper Market Source: Company estimates
Agenda • Company overview • Market Leader – Premium Niche • Strategy • Environmental Focus • Value to Xerox
Comprehensive Digital Offering 13 Leading Brands Total Digital Sales Growth 51% in 2010
Agenda • Company overview • Market Leader – Premium Niche • Strategy • Environmental Focus • Value to Xerox
Environmental Focus • Land: Making paper with fiber from responsible sources and reducing landfill waste • Air: Reducing emissions to improve air quality and lessen the effects of climate change. • Water: Reducing usage and returning clean water to the source. • Nature: Contributing to projects which protect and restore natural habitat. Neenah Green is our commitment to conservation of the environment through environmental stewardship
Environmental Focus • Land: Making paper with fiber from responsible sources and reducing waste. • Forest Stewardship Council™ and Green Seal® certified papers. • Avoiding landfill waste through efficiencies and recycling. • Air: Reducing emissions to improve air quality and reduce our carbon footprint. • Making papers with Green-e ® Certified Renewable Energy. • Delivering product efficiently – U.S. EPA SmartWaySM Transport Partner. • Water: Continuously improving water conservation and cleanliness. • Increasing efficiencies and recycling water to minimize water usage. • Enhancing water cleanliness through use of state-of-the-art technologies. • Nature: Reducing carbon emissions plus conserving the environment. • Reforesting land and preserving natural areas to remove carbon from the atmosphere and conserve habitat for plants and animals. We are living our commitment to conservation through third-party certifications and programs
Agenda • Company overview • Market Leader – Premium Niche • Strategy • Environmental Focus • Value to Xerox
Value to Xerox • Category leadership in premium uncoated papers • Ability to provide smaller manufacturing minimums, color and texture, unique finishes • R&D group to support developmental opportunities • Technical Products adds technology dimension beyond traditional fine paper capabilities