Minerals Technologies Inc. Signs Commercial Agreement with CMPC Celulose Riograndense to Deploy FulFill(TM) Technology at a Paper Mill in Brazil
(Thomson Reuters ONE) -
Unique High-Filler Technology Provides Significant Cost Savings in Reduced Fiber
Consumption by Increasing PCC Filler Usage
----------
First Commercial Agreement for the FulFill(TM) Technology in South America
----------
NEW YORK, March 13-Minerals Technologies Inc., (NYSE: MTX) announced today that
it has signed a commercial agreement with CMPC Celulose Riograndense to provide
Fulfill(TM) E-325 at a paper mill in Guaiba, Brazil. This marks Minerals
Technologies' first such agreement in South America for the new, high-filler
technology.
The company now has 13 agreements with paper mills that have adopted the
Fulfill(TM) E-325 technology introduced in late 2010, which verifies the
technology's commercial progress. The FulFill(TM) brand offers papermakers a
variety of efficient, flexible solutions that allows papermakers to increase
loading levels of precipitated calcium carbonate (PCC), which replaces higher
cost pulp, and increases PCC usage.
"We are very pleased that this premier paper company, with which we have been
supplying PCC at Guaiba since 2007, will adopt our new FulFill(TM) technology.
FulFill(TM) will provide CMPC a competitive advantage and allow them to continue
producing quality paper but at a lower cost," said Joseph C. Muscari, Executive
Chairman of Minerals Technologies. "We now have commercial agreements with
papermakers in Asia, Europe, South Africa and North and South America, which
validates the revitalization of our Research and Development pipeline and our
commitment to advance our technology leadership throughout our global satellite
network."
CMPC Celulose Riograndense is a Brazilian company and one of the largest
regional producers of bleached pulp using short eucalyptus fiber. The company's
industrial unit, located in Guaíba, in the metropolitan region of Porto Alegre,
runs a state-of-the-art cellulose pulp mill, with modern resources for
environmental protection. It has an installed capacity of 450,000 metric tons of
marketable pulp per year, aimed at the manufacture of personal hygiene paper and
specialty paper, both highly valued goods. Part of the pulp production is
directed to the on-site paper machine to produce 60,000 annual metric tons of
printing and writing paper, chiefly sold in the domestic market. CMPC Celulose
Riograndense is a subsidiary of Chilean-based Empresas CMPC S.A.
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 57 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 $1.01 billion in 2012.
----------
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
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
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#1685158]
Unternehmensinformation / Kurzprofil:
Datum: 13.03.2013 - 19:50 Uhr
Sprache: Deutsch
News-ID 239232
Anzahl Zeichen: 4554
contact information:
Town:
New York
Kategorie:
Business News
Diese Pressemitteilung wurde bisher 165 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"Minerals Technologies Inc. Signs Commercial Agreement with CMPC Celulose Riograndense to Deploy FulFill(TM) Technology at a Paper Mill in Brazil"
steht unter der journalistisch-redaktionellen Verantwortung von
Minerals Technologies Inc (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
