Paper and Forest Products
Company Overview of NewPage Holdings Inc.
NewPage Holdings Inc. produces and sells printing and specialty papers in North America. Its portfolio of paper products include coated, supercalendered, and other uncoated and specialty products. The company also sells its excess market pulp. Its paper products are used in commercial printing to create corporate collateral, magazines, catalogs, books, coupons, inserts, and direct mail, as well as in specialty paper applications, including beverage bottle labels, food and medical packaging, pressure-sensitive labels, and release liners. The company owns paper mills in Kentucky, Maine, Maryland, Michigan, Minnesota, and Wisconsin with a total annual production capacity of approximately 3.5 mi...
8540 Gander Creek Drive
Miamisburg, OH 45342
Key Executives for NewPage Holdings Inc.
Senior Vice President of Operations
Chief Administrative Officer and Senior Vice President
Compensation as of Fiscal Year 2014.
NewPage Holdings Inc. Key Developments
NewPage Corporation Introduces Reflections High Gloss Premium Label Paper
Sep 4 14
NewPage Corporation announced the introduction of Reflections, a new 60 lb. high gloss cast coated alternative label paper designed for high-end wet glue and pressure sensitive applications that require smooth printing and a mirror gloss appearance, such as spirits, wine and pharmaceutical labels. Reflections resembles cast coated grades with superior surface uniformity and features a high gloss effect achieved without the use of varnishes, UV or aqueous coatings. Reflections is Food and Drug Administration compliant for direct and indirect food contact. Reflections is available with third-party chain-of-custody certifications to the Forest Stewardship Council, the Sustainable Forestry Initiative and the Programme for the Endorsement of Forest Certification.
NewPage Holdings Inc. Reports Consolidated Unaudited Earnings Results for the Second Quarter and Six Months Ended June 30, 2014
Aug 1 14
NewPage Holdings Inc. reported consolidated unaudited earnings results for the second quarter and six months ended June 30, 2014. For the quarter, the company reported net sales were $733 million compared to $720 million in the second quarter of 2013. Net sales improved due to higher sales volume of paper partially offset by lower paper prices. Net loss was $30 million compared to a net loss of $13 million in the second quarter of 2013. The increase in net loss was the result of higher input costs of $20 million driven by the continuing effects of extreme weather-related factors through April 2014 and lower paper prices, partially offset by lower non-cash stock compensation expense, lower pension expense, cost reduction initiatives and other general and administrative expenses. Adjusted EBITDA was $43 million in the second quarter of 2014 compared to $50 million in second quarter of 2013. Operating cash flows were $26 million in the second quarter of 2014 compared to $19 million in the second quarter of 2013. Basic and diluted loss per share was $4.24 compared to $1.84 a year ago. Loss before income taxes was $30 million compared with $13 million for the same period last year. EBITDA was $37 million.
For the six months, the company reported net sales of $1,490 million compared with $1,476 million for the same period last year. Loss before income taxes was $101 million compared with $24 million for the same period last year. Net loss was $101 million or $14.25 basic and diluted per share compared with $24 million or $3.34 basic and diluted per share for the same period last year. Net cash used in operating activities was $51 million compared with $23 million for the same period last year. Capital expenditures were $39 million compared with $31 million for the same period last year. EBITDA was $61 million compared with $91 million for the same period last year. Adjusted EBITDA was $68 million compared with $111 million for the same period last year.
NewPage Holdings Inc., Board Meeting, Jan 01, 2014
Jul 11 14
NewPage Holdings Inc., Board Meeting, Jan 01, 2014. Agenda: To approve the merger agreement, providing for Verso to acquire NewPage Holdings Inc.
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