Viskase Holdings, Inc.
OOTC:VISK4.19
USD
+0.02
(+0.48%)
Viskase Holdings, Inc.
OTC:VISK
(OTC Markets)
Recent
price
4.19
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Similar Companies
- Business
- Viskase Holdings, Inc., through its principal operating subsidiary Viskase Companies, Inc., is a global manufacturer and supplier of non-edible cellulosic, fibrous, and plastic casings used in the preparation and packaging of processed meat, poultry, cheese, and plant-based protein products. The company operates within the food packaging and processing supplies industry, providing automated casing solutions to industrial meat processors, commercial food packaging enterprises, and sausage producers across global consumer markets. The company structures its offerings into distinct core product lines: small-diameter cellulose casings, marketed under the NOJAX brand, engineered for high-speed automated stuffing and peeling in the commercial production of skinless frankfurters, hot dogs, and breakfast sausages; large-diameter cellulose casings, manufactured for processed deli loaves, bologna, and sectioned hams; fibrous casings, constructed with cellulose-coated regenerated paper substrates to deliver high tensile strength and calibrated diameter control for dry, semi-dry, and smoked sausages including pepperoni and salami; plastic casings and high-barrier shrink films, comprising multilayer polyamide and polyolefin materials such as Tripan and Optidry for water-cooked, steamed, and molded meat applications; value-added transfer casings, incorporating specialized surface coatings that transfer smoke, color, caramel, or spices directly onto meat surfaces during thermal processing; and packaging accessories, consisting of elastic nettings, loops, and clipping solutions. Founded in 1925 and headquartered in Lombard, Illinois, Viskase operates an international manufacturing, finishing, and sales network spanning North America, Europe, South America, and the Asia-Pacific region, with primary operational plants located in the United States, Mexico, France, Germany, Poland, Brazil, and the Philippines. The company is a consolidated subsidiary of Icahn Enterprises L.P., which holds controlling equity ownership. In recent operational and strategic developments, Viskase Holdings has advanced capital investments to modernize its European and North American manufacturing facilities, increased capacity for proprietary plastic barrier and cook-in casing lines to address evolving poultry and vegetarian food processing trends, integrated sustainable and bio-based raw materials across selected casing formulations to satisfy regional environmental packaging mandates, and restructured internal financing arrangements with affiliated entities of Icahn Enterprises to enhance working capital and long-term liquidity.