ALPHARETTA, Ga., Jan. 5, 2011 /PRNewswire/ -- SWM (NYSE: SWM) today 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. The next such planned release will take place in early February 2011 covering fourth quarter 2010 earnings results.

About SWM

SWM is a diversified producer of premium specialty papers for the tobacco industry. It also manufactures specialty papers for other applications. SWM and its subsidiaries conduct business in over 90 countries and employ 2,800 people worldwide, with operations in the United States, France, Brazil, the Philippines, Indonesia, Canada, Poland and a joint venture in China. For further information, please visit the company's Web site at www.swmintl.com. 


    Contact:
    Scott Humphrey
    +1-770-569-4229
    Or
    Pete Thompson
    +1-770-569-4277
    Both of SWM

SOURCE Schweitzer-Mauduit International, Inc.