Lecta announces a price increase for its Thermal and Carbonless paper deliveries, effective January 2nd, 2018

As previously announced, Julie Schertell, President and Chief Executive Officer of Neenah, will serve as President, Chief Executive Officer, and a member of the Board of Directors. Dr. Jeff Kramer, Chief Executive Officer of SWM, will serve as a strategic advisor. John D. Rogers, Non-Executive Chairman of the SWM Board, will serve as Non-Executive Chair of the Board of Directors. The senior leadership team announced today includes: Omar Hoek, Chief Operating Officer; Andrew Wamser, Chief Financial Officer; Ricardo Nuñez, General Counsel, Secretary & Chief Compliance Officer; Natalie Poteran, Chief Transformation Officer; Sarma Malladi, Chief Information Officer; Mike Rickheim, Chief Human Resources & Administrative Officer

Effective with all new or previously entered orders shipping after 9/11/17 the price of our SC products will be increased by $2/cwt and CAD$2.50. This includes Artisan Plus, Artisan, Prominence Plus, Prominence and Maritime and all basis weights of these grades.

Lecta announces a price increase on thermal papers of 10% to 12% for new orders. The price increase is necessary to offset the continuous and relevant increase in manufacturing and transport costs and to restore our profitability. The price increase is effective immediately. Lecta sales teams are at our customers’ disposal to provide specific information on how the price increase will be applied on a country-by-country basis.