Minerals Technologies Inc. Implements Commercial Agreement with Indian Pulp & Paper Producer to Deploy FulFill® E-325 High Filler Technology
(Thomson Reuters ONE) -
Unique High-Filler Technology Provides Significant Cost Savings in Reduced Fiber
Consumption by Increasing PCC Filler Usage
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NEW YORK, July 9, 2015-Minerals Technologies Inc., (NYSE: MTX) disclosed today
that it has implemented a commercial agreement to use its Fulfill(®) E-325 high
filler technology on a paper machine at a mill in India. This brings to 20 the
number of paper mills that have commercially adopted the novel Fulfill(®) E-325
technology in order to reduce cost by replacing pulp with filler and to improve
paper machine runnabilty. The paper company wished to remain unnamed for
competitive reasons.
Joseph C. Muscari, chairman and chief executive officer, said: "We are extremely
pleased that this fine producer of high quality printing and writing papers has
chosen to build upon the positive results that came with the earlier startup of
an on-site PCC satellite plant. PCC filler has enabled better quality and lower
cost and we are confident that Fulfill(®) will extend their savings. The
continuing adoption of our FulFill(®) technology by our satellite PCC customers
is a testament to our capability as global leader in papermaking technology."
The Fulfill(®) E-325 series allows papermakers to increase loading levels of
precipitated calcium carbonate (PCC), replacing higher cost fiber, and
increasing PCC usage without compromising paper quality or performance. The
advancement of this new technology confirms the commercial progress of the
Fulfill(®) brand, which offers papermakers a variety of efficient, flexible
solutions that decreases dependency on natural fiber and reduces costs.
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 62 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. MTI serves the paper, foundry, steel, environmental,
energy, polymer and consumer products industries. The company reported sales of
$1.73 billion in 2014.
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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 GlobeNewswire 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 GlobeNewswire
[HUG#1936440]
Unternehmensinformation / Kurzprofil:
Datum: 09.07.2015 - 19:39 Uhr
Sprache: Deutsch
News-ID 405860
Anzahl Zeichen: 3780
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Town:
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Kategorie:
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