Cedar Rapids, Iowa (May 7, 2014)

Penford Products, a leading global supplier of specialty bioproducts, was recently named theNewark Recycled Paperboard Solutions' 2014 Supplier of the Year. Newark is the largest open-market seller of recycled paperboard in North America.

Joe Michaud, Vice President, Operations Mill Division at Newark, presented the award, which recognizes Penford Products for the outstanding value of its technical service.

"Penford Products has been a long-time supplier to Newark Paperboard Mills," said Joe Michaud. "During the past two years, Penford Products has helped all of our mills achieve greater performance and total cost in production for several categories: grade development, product usage, and supply chain."

"We are honored to receive this award, which is a testament to the close partnership we have developed with Newark, and the management of the mill facilities," said Dwight Carlson, Vice President of Industrial Ingredients at Penford Products. "We are looking forward to continuing to provide high levels of support and assistance in the years ahead."

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