Minerals Technologies Inc. Signs Commercial Agreement with Second European Papermaker to Deploy FulFill(TM) E-325 Technology for High-Filler Loading
(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, July 13-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 Europe.
"Minerals Technologies has now signed agreements with eight paper mills to adopt
the Fulfill(TM) E-325 technology that we introduced in late 2010, and this
agreement marks our second in Europe," 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,
provides further evidence of the efficacy of this cost-saving technology."
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 eight agreements we have today, we are actively engaged with
more than 25 other paper mill sites for further Fulfill(TM) deployment," said
D.J. Monagle, senior vice president and managing director, Paper PCC.
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 $1.04 billion in 2011.
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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
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Source: Minerals Technologies Inc via Thomson Reuters ONE
[HUG#1626738]
Unternehmensinformation / Kurzprofil:
Datum: 13.07.2012 - 17:14 Uhr
Sprache: Deutsch
News-ID 165230
Anzahl Zeichen: 3655
contact information:
Town:
New York
Kategorie:
Business News
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"Minerals Technologies Inc. Signs Commercial Agreement with Second European Papermaker to Deploy FulFill(TM) E-325 Technology for High-Filler Loading"
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