Minerals Technologies Signs Commercial Agreement to Deploy FulFill® E-325 Technology for High Filler Loading at a Paper Mill in Europe
(Thomson Reuters ONE) -
Unique High-Filler Technology Will Provide Significant Cost Savings in Reduced
Fiber Consumption by Increasing PCC Filler Usage 20%
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NEW YORK, February 5, 2015-Minerals Technologies Inc., (NYSE: MTX) announced
today that it has signed a commercial agreement to provide Fulfill(®) E-325, a
new, high-filler technology, at a paper mill in Europe.
Minerals Technologies now has 19 agreements with paper mills that have adopted
the Fulfill(® )E-325 technology that the company introduced in late 2010. The
agreement with this papermaker is the company's fifth in Europe. The paper
company wishes to remain unnamed for competitive reasons.
These agreements confirm the commercial progress of the Fulfill(®) brand, a
portfolio of high-filler technologies that offers papermakers a variety of
efficient, flexible solutions that decreases dependency on natural fiber and
reduces costs. The Fulfill(®) E-325 series allows papermakers to increase
loading levels of precipitated calcium carbonate (PCC) by three to five points,
which replaces higher cost pulp, and increases PCC usage between 20 to 30
percent.
"We are pleased that this papermaker is adopting our technology that will allow
them to produce quality paper at lower cost," said D.J. Monagle, senior vice
president & managing director, Paper PCC. "The continued acceptance of our
FulFill(®) E-325 of technology in Europe reaffirms the revitalization of our new
product pipeline, and of our commitment to advance our technology leadership
throughout our satellite network around the world."
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 60 satellite plants in
operation or under construction around the world and continues to lead the
industry with consistent quality and technical innovation.
New York-based 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. Minerals Technologies serves the paper, foundry, steel,
environmental, energy, polymer and consumer products industries. The company
reported sales of $1.73 billion in 2014.
Contact:
Rick B. Honey
(212) 878-1831
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For further information about Minerals Technologies Inc. look on the internet at
http://www.mineralstech.com/
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This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire 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 GlobeNewswire
[HUG#1892239]
Unternehmensinformation / Kurzprofil:
Datum: 05.02.2015 - 16:54 Uhr
Sprache: Deutsch
News-ID 369588
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Town:
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