8-K

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported)
September 2, 2005

Wellman, Inc.

(Exact name of registrant as specified in its charter)

Delaware	1-10033	04-1671740
(State or other jurisdiction	(Commission File Number)	(IRS Employer
of incorporation)		Identification No.)
1041 521 Corporate Center Drive
Fort Mill, South Carolina		29715
(Address of principal executive offices)		(Zip Code)

Registrant’s telephone number, including area code: (803) 835-2000

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

TABLE OF CONTENTS

Ex-99.1 Press Release dated September 2, 2005

Item 8.01. —Other Events.

     On September 2, 2005, Wellman, Inc. announced via press release that its Pearl River facility located in Hancock County, Mississippi suffered no major structural damage from hurricane Katrina, although the storm did force the facility to close. In addition, Wellman announced that due to the closure of its Pearl River Plant along with interruptions in its supply of raw materials, energy and transportation, it is reluctantly giving notice of force majeure on its domestically produced products, which excuses Wellman’s non-performance with respect to its current commitments. A copy of the Company’s press release is attached hereto as Exhibit 99.1.

Item 9.01. Financial Statements and Exhibits.

(a)	Not applicable.
(b)	Not applicable.
(c)	Exhibit
99.1	Press Release dated September 2, 2005

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SIGNATURES

     Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	Wellman, Inc.
September 6, 2005	/s/ Mark J. Ruday
	Mark J. Ruday
	Vice President, Chief Accounting Officer and Controller

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EXHIBIT INDEX

Exhibit Number	Description
99.1	Press release dated September 2, 2005.

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EX-99.1

	Contact:	Michael Bermish
		Investor Relations Officer
		(732) 212-3321
FOR IMMEDIATE RELEASE

WELLMAN’S PEARL RIVER FACILITY WITHSTANDS HURRICANE KATRINA & WELLMAN ANNOUNCES FORCE MAJEURE

September 2, 2005, Shrewsbury, NJ — Wellman, Inc. (NYSE: WLM) today announced its Pearl River facility located in Hancock County, Mississippi suffered no major structural damage from hurricane Katrina. Wellman emergency personnel were at the facility throughout the hurricane. They and other personnel now at the site are evaluating the plant’s status and planning the repair work. It appears that the storm surge did not exceed 3 feet at the facility. The plant grounds are dry and the roads and infrastructure on the site are not severely damaged. This facility is located approximately 3 miles north of the Gulf of Mexico. The site elevation is approximately 18 feet above sea level and the plant was built to withstand 135 mile per hour winds.

Since all local resources have been appropriately focused on search and rescue, it is difficult to estimate when production at the facility will resume because the facility requires power, utilities, raw materials and transportation, all which have been damaged. The construction project for 300 million pounds of additional PET resin capacity does not appear to be seriously damaged by the hurricane. As a result of the hurricane, Wellman’s PET resin sales will decrease at least in the third quarter 2005, however, Wellman continues to serve its PET resin customers from its Darlington, South Carolina facility, existing inventory and other sources. Wellman expects its losses from the hurricane to be covered by casualty and business interruption insurance with a $20 million deductible.

Thomas Duff, Wellman’s Chairman and Chief Executive Officer, stated, “We are very fortunate to have suffered only minor damage at the facility from the hurricane. Our prayers and thoughts are with the many others who are more adversely impacted and we have a special concern for our employees and their families who live in this area. I want to thank all of our employees and others who have made tremendous efforts during these trying times. A team to aid our Pearl River employees is expected to be on the site shortly.”

Since communications in the area are limited, Wellman asks any of its employees in the area to contact the Company to see what assistance we can provide and coordinate their efforts. Contact should be made to Margaret Gainey at 843-395-3221 (Margaret.gainey@wellmaninc.com).

Wellman further announces that due to the closure of its Pearl River Plant along with interruptions in its raw materials, energy and transportation, Wellman is reluctantly giving notice of force majeure on its domestically produced products that excuses Wellman’s non-performance with respect to its current commitments. Effective September 2, 2005, and continuing until these disruptions subside, Wellman will allocate its diminished supply of products and pass on the cost increases it is experiencing. Wellman is working to respond to the difficulties imposed on it by the hurricane in a fair and reasonable manner with all of our customers and suppliers.

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Wellman, Inc. manufactures and markets high-quality PermaClearÒ brand PET (polyethylene terephthalate) packaging resin and FortrelÒ brand polyester staple fibers. We believe we are one of the world’s largest PET plastic recyclers, utilizing a significant amount of recycled raw materials in our manufacturing operations.

Forward-Looking Statements
Statements contained in this release that are not historical facts are forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. In addition, words such as “believes,” “expects,” “anticipates,” and similar expressions are intended to identify forward-looking statements. These statements are made as of the date hereof based upon current expectations, and we undertake no obligation to update the information contained herein. These forward-looking statements involve certain risks and uncertainties, including, but not limited to: reduced raw material margins; reduced sales volumes; increases in costs; the financial condition of our customers; polyester staple fiber and textile imports; availability and cost of raw materials; the impact of litigation arising out of alleged pricing practices in the polyester staple fiber industry; the actions of our competitors; the effective implementation of our cost reduction programs; availability of financing, changes in financial markets, interest rates, credit ratings, and foreign currency exchange rates; regulatory changes; tax risks; U.S., European, Asian and global economic conditions; prices and volumes of PET resin imports; work stoppages; levels of production capacity and profitable operation of assets; prices of competing products; natural disasters and acts of terrorism; and maintaining the operations of our existing production facilities. Actual results may differ materially from those expressed herein. Results of operations in any past period should not be considered indicative of results to be expected in future periods. Fluctuations in operating results may result in fluctuations in the price of our common stock. For a more complete description of the prominent risks and uncertainties inherent in our business, see our Form 10-K for the year ended December 31, 2004.

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