Jan 06, 2011. /Lesprom Network/. SWM announced progress in securing multi-year customer agreements and is on pace to supply its proprietary Alginex® low ignition propensity (LIP) cigarette paper to meet approximately 40% of the needs of the European Union (EU) market. The expected EU agreements, coupled with customer commitments for Australia and South Africa, are expected to utilize essentially all of SWM's planned EU LIP cigarette paper capacity. SWM will provide further updates related to material LIP business developments, along with general business updates, as part of its routine periodic filings. SWM is a diversified producer of premium specialty papers for the tobacco industry. It also manufactures specialty papers for other applications.