Profile: Schweitzer-Mauduit International Inc (SWM.N)

SWM.N on New York Stock Exchange

24 Mar 2017
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Schweitzer-Mauduit International, Inc., incorporated on August 21, 1995, is a producer of specialty papers and resin-based products. The Company manufactures and sells lightweight specialty papers, which are used in manufacturing ventilated cigarettes, reconstituted tobacco used in producing blended cigarettes and banded papers used in the production of lower ignition propensity (LIP) cigarettes. The Company operates through two segments: Engineered Papers, and Advanced Materials and Structures. The Company operates approximately 20 production locations, with facilities in the United States, United Kingdom, Canada, France, Luxembourg, Russia, Brazil, China and Poland.

Engineered Papers

The Company's Engineered Papers segment produces both tobacco-related papers and non-tobacco-related papers. The Company's tobacco-related papers include various porous papers used to wrap parts of a cigarette, such as tobacco column and filter, and reconstituted tobacco leaf (RTL), which is blended with virgin tobacco in a cigarette. The Company's non-tobacco paper products include a mix of lightweight papers, including low-volume engineered materials, such as alkaline battery separator papers, as well as high-volume commodity paper grades for printing and writing, flooring laminates, and food service packaging. The Company sells its products directly to the tobacco companies or their designated converters in the Americas, Europe and Asia.

The Company competes with delfortgroup AG, Miquel y Costas & Miquel S.A., Julius Glatz GmbH, PT Bukit Muria Jaya, Philip Morris-USA, R.J. Reynolds Tobacco Company, JT, STMA (China) and Huabao International Holdings Ltd.

Advanced Materials & Structures

The Company manufactures and sells a range of engineered resin-based, rolled goods, such as films, nets, foams and other non-wovens. These products are used in high-performance filtration, surface protection, medical and other industrial applications. The Company also produces certain meltblown products, machined plastic core tubes and resin-based rolled products. The Company manufactures thermoplastic polyurethane films (TPU). Other films, including apertured film products, are used in the wound care applications of the medical industry, such as finger bandages, wound dressings and other hospital-setting products. The Company's apertured film products are also used in products for the filtration industry and applications in areas, such as semiconductor manufacturing and food packaging. Its thermoplastic nets are used in a range of applications, such as spacer netting in spiral wound reverse osmosis water filtration devices. Its nets are also used in a range of industrial and life science filter applications, such as fuel and hydraulic fluid filters, pharmaceutical filters, semiconductor filters, and food and beverage filters.

The Company's non-wovens are resin fiber-based materials used in air and liquid filtration applications. The Company sells its foams as components in wound care products. In addition to rolled goods, the Company manufactures rigid core tubing, an extruded resin product that also is primarily used in reverse osmosis water filtration devices. It supplies products mainly to customers producing finished goods for the filtration, surface protection, medical and industrial sectors.

The Company competes with Marshall Manufacturing Company, Berkshire Hathaway Inc., Shaoxing Naite Plastics Co. Ltd., 3M Company, Covestro AG, and Hollingsworth and Vose Company.

Company Address

Schweitzer-Mauduit International Inc

100 N Point Ctr E Ste 600
ALPHARETTA   GA   30022-8263
P: +1800.5140186
F: +1770.5694275

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