Minerals Technologies Signs Agreement for a New Satellite PCC Plant in Europe
(Thomson Reuters ONE) -
Facility Will Be the Company's Eleventh European Satellite
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NEW YORK, August 7-Minerals Technologies Inc. (NYSE: MTX) announced today it has
signed an agreement for a 14,000-metric ton satellite precipitated calcium
carbonate (PCC) plant in Europe. The satellite facility, which will produce PCC
as a filler pigment, will become operational in the fourth quarter of 2014.
"We are very pleased to have come to an agreement for a satellite PCC plant at a
paper mill in Europe for an established paper company that wished to remain
unnamed for competitive reasons," said Robert S. Wetherbee, chief executive
officer of Minerals Technologies. "This facility will be our eleventh in Europe
to deliver our PCC filling technology, which provides savings to papermakers by
replacing higher-cost fiber."
PCC is a specialty pigment for filling and coating high-quality fine papers. 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 more than
55 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.
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For further information about Minerals Technologies Inc. look on the internet at
http://www.mineralstech.com/
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Contact:
Rick B. Honey
(212) 878-1831
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Source: Minerals Technologies Inc via Thomson Reuters ONE
[HUG#1721867]
Unternehmensinformation / Kurzprofil:
Datum: 08.08.2013 - 22:47 Uhr
Sprache: Deutsch
News-ID 286302
Anzahl Zeichen: 2677
contact information:
Town:
New York
Kategorie:
Business News
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