Minerals Technologies Inc. Signs Fifth Commercial Agreement to Deploy FulFill(TM) E-325 Technology for High-Filler Loading at a Paper Mill in Southeast Asia
(Thomson Reuters ONE) -
Unique High-Filler Technology Provides Significant Cost Savings by Reducing
Fiber Consumption and Increases PCC Filler Usage Up to 30 Percent
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NEW YORK, February 1-Minerals Technologies Inc. (NYSE: MTX) announced today that
it has signed a commercial agreement with a prominent papermaker to provide
Fulfill(TM) E-325 High Filler Technology, an innovative process-enhancing
solution that is part of the Fulfill(TM)( )technology platform,( )at a paper
mill in Southeast Asia.
"Minerals Technologies has now signed agreements with five paper mills - all in
Asia - to adopt the Fulfill(TM) E-325 technology that we introduced in late
2010," said Joseph C. Muscari, chairman and chief executive officer. "The
commercialization of Fulfill(TM) E-325 at this paper mill, which does not want
to be identified for competitive reasons, is additional substantiation of the
efficacy of this cost-saving technology and the revitalization of our product
development pipeline."
The Fulfill(TM) brand is a portfolio of high-filler technologies that offers
papermakers a variety of efficient, flexible solutions that decrease dependency
on natural fiber and reduce costs. The Fulfill(TM) E-325 series allows
papermakers to increase filler loading levels of precipitated calcium carbonate
(PCC), which replaces higher cost pulp, and increases PCC usage. Depending on
paper grades, this PCC volume increase may range from 15 to 30 percent.
"In addition to the five agreements we have today, we are actively engaged with
19 other paper mill sites for further Fulfill(TM) deployment," said D.J.
Monagle, senior vice president and managing director, Paper PCC. "The growing
acceptance of this technology, which is tailored to the individual needs and
operational parameters for different papermakers, confirms the value of our
Fulfill(TM) technology."
PCC is a specialty pigment for filling and coating high-quality paper. By
substituting Minerals Technologies' PCC for more expensive wood fiber, customers
are able to produce brighter, higher quality paper at lower cost. In 1986,
Minerals Technologies originated the satellite concept for making and delivering
PCC on-site at paper mills and the concept was a major factor in revolutionizing
papermaking in North America. Today, the company has 56 satellite plants in
operation or under construction around the world and continues to lead the
industry with consistent quality and technical innovation.
Minerals Technologies Inc. is a resource- and technology-based growth company
that develops, produces and markets worldwide a broad range of specialty
mineral, mineral-based and synthetic mineral products and related systems and
services. The company recorded sales of $1.0 billion in 2010.
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For further information about Minerals Technologies Inc. look on the internet at
http://www.mineralstech.com/
Contact:
Rick B. Honey
(212) 878-1831
This announcement is distributed by Thomson Reuters on behalf of
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other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Minerals Technologies Inc via Thomson Reuters ONE
[HUG#1581966]
Unternehmensinformation / Kurzprofil:
Datum: 01.02.2012 - 20:29 Uhr
Sprache: Deutsch
News-ID 110220
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Town:
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Kategorie:
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"Minerals Technologies Inc. Signs Fifth Commercial Agreement to Deploy FulFill(TM) E-325 Technology for High-Filler Loading at a Paper Mill in Southeast Asia"
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