Dec 22, 2004. Schweitzer-Mauduit International, Inc. (NYSE: SWM) announced that it has reached agreement with Philip Morris USA Inc. to continue their strategic supply agreement for fine papers. The term of the agreement is from January 1, 2005 to December 31, 2007. The strategic supply agreement continues Schweitzer- Mauduit's ongoing supply of tobacco-related papers to Philip Morris USA Inc. The two companies have been operating under a strategic supply agreement since January 1, 1993.
Schweitzer-Mauduit announces extension of supply agreement with Philip Morris
Dec 22, 2004. /Lesprom Network/. Schweitzer-Mauduit International, Inc. (NYSE: SWM) announced that it has reached agreement with Philip Morris USA Inc. to continue their strategic supply agreement for fine papers. The term of the agreement is from January 1, 2005 to December 31, 2007. The strategic supply agreement continues Schweitzer- Mauduit's ongoing supply of tobacco-related papers to Philip Morris USA Inc. The two companies have been operating under a strategic supply agreement since January 1, 1993.
Schweitzer-Mauduit International, Inc. is a diversified producer of premium specialty papers and the world's largest supplier of fine papers to the tobacco industry. It also manufactures specialty papers for use in alkaline batteries, vacuum cleaner bags, overlay products, business forms and printing and packaging applications. Schweitzer-Mauduit and its subsidiaries conduct business in over 90 countries and employ 3,700 people worldwide, with operations in the United States, France, Brazil, Indonesia and Canada.
