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Neenah Paper Announces Partnership

Alpharetta, Georgia, USA 02 July 2013 -- (BUSINESS WIRE) -- Neenah Paper (NYSE: NP) today announced it has signed an exclusive partnership agreement with Gruppo Cordenons, the Italian maker of high quality fine papers, to market and distribute all Cordenons papers to the US and Canada.

The papers will continue to be manufactured by Gruppo Cordenons at its two paper mills in Italy, the Cordenons Mill, a state of the art facility and at the Scurelle paper mill, both in Northern Italy. The papers will be available to Neenah distributors beginning September 3, 2013.

“Neenah has an unwavering commitment to providing designers with unique product options to set their work apart,” said Julie Schertell, President of Fine Paper. “Cordenons papers are known for their exemplary quality, thick and heavy cover weights, and artisanal color palettes. Brands like Stardream, Plike, and Canaletto are specified by designers for projects that require a unique and premium image. This collection is a natural complement to our existing portfolio of fine papers.”

“We are very pleased to announce this partnership,” said Ferruccio Gilberti, owner and president, Gruppo Cordenons. “The affiliation with Neenah Paper will enable Gruppo Cordenons to more fully extend the reach and availability of our fine papers in this key region of the world. Neenah continues to find new and creative ways to grow in existing and new market segments. The alignment of our premium image and high quality brands make this partnership a perfect fit for both companies.”

Cordenons papers are chosen by the best designers, clients and specialty printers around the world for business cards, greeting cards, covers, presentation folders, tags, invitations, social announcements, coasters, calendars, brochures, display boxes, shopping bags, menus, catalogs and direct mail.

“We understand that designers want options, but not complexity. We have worked to make this partnership portfolio a complementary offering of high end, high image products without the complexity. We took this opportunity to streamline our portfolio, and capture new items that are complementary to what is currently available in the marketplace. "We are excited about this partnership and believe that our customers will be as well,” says Schertell.

Schertell noted this agreement follows several successful strategic partnerships by Neenah Paper to fuel its growth and share, “We are committed to our partners and understand, appreciate, and respect the longstanding tradition of craftsmanship and quality. These are brands that underline that paper can be both beautiful and functional, will continue to drive value in the marketplace, and will thrive as part of the Neenah Paper family,” she said.

Environment, history

Both Neenah Paper and Cordenons have a strong commitment to sustainable offerings. Cordenons is FSC-certified by the Swiss Association for Quality and Management Systems both as a manufacturer, and through certified chain of custody. 100% of the Italian mills’ energy needs are met from clean-burning natural gas. And both mills have papermaking heritage: Neenah Paper, founded in 1873, was the first to introduce the brand watermark, a practice that has become a symbol of authenticity for business and personal correspondence and is still in use today. Cordenons has been making exquisite papers for nearly four centuries.

About Neenah Paper

For more than 100 years, Neenah Paper (NYSE: NP) has been an innovative leader in the creation and manufacturing of premium, specialty and sustainable papers used for premium writing, text, cover, private watermarks, and specialty needs. The Neenah signature portfolio includes market leading brands such as CLASSIC®, ENVIRONMENT®, and ROYAL SUNDANCE® Papers. The company also produces envelopes in thousands of unique styles.

About Gruppo Cordenons

Gruppo Cordenons is a leading Italian manufacturer of graphic and digital fine papers and technical papers. Its large portfolio, that includes metallic and iridescent papers, textured papers, inspired from natural fabrics, felt-marked and papers with a special touch, is available throughout the world.

Source: Neenah Paper, Inc.


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