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Home > Company Index > Chemicals > Plastics & Fibers > Wellman, Inc.

Wellman, Inc.
NYSE: WLM
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 NEWS FROM THE WIRES
FUND VIEW-Manager takes unusual approach to social investing
Aug 07 2001 07:22 AM PDT

More WIRE STORIES about this company

 PROFILE
The way Wellman prospers from polyester, you'd think leisure suits are back in style. The company's fibers and recycled products group (56% of sales) makes Fortrel-brand polyester fibers for the textile industry and recycled polyester fibers used in pillows, comforters, carpets, and other products. The company's "Geotextiles" are used as barriers and stabilizers in civil engineering projects. Wellman's recycled fibers come from reclaimed plastic bottles and film. Its packaging products unit brings in 44% of sales by making PermaClear, a solid-stated polyester packaging resin used in soft-drink bottles and other food and beverage packaging. Wellman operates six plants in the US, Ireland, and the Netherlands.

 COMPETITION
E. I. du Pont de Nemours and Company (DD)
Eastman Chemical Company (EMN)

 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 1,116.70
1-Yr. Sales Growth: 19.4%
Employees: 2,600
Revenue per employee: $429,500.00

 KEY PEOPLE
• Thomas M. Duff
    CEO
• Keith R. Phillips
    CFO

 CONTACT INFO
595 Shrewsbury Ave.
Shrewsbury, NJ 07702
US
Phone: 732-212-3300
Fax: 732-212-3344
Online: Web Site

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