Minerals Technologies Inc. Signs Commercial Agreement with European Paper Company to Deploy FulFill® Technology for High-Filler Loading
(Thomson Reuters ONE) -
Signing Marks the Company's 24(th) Agreement for FulFill® Technology that
Provides Significant Cost Savings in Reduced Fiber Consumption by Increasing PCC
Filler Usage
----------
NEW YORK, January 6, 2016-Minerals Technologies Inc., (NYSE: MTX) announced
today that it has signed a commercial agreement with a prestigious European
papermaker to provide Fulfill® E-325 high-filler technology at the paper
company's mill in Europe. This is the second agreement for the deployment of the
FulFill® technology at this paper mill.
Minerals Technologies now has 24 agreements with paper mills that have adopted
the Fulfill® technology that the company introduced in late 2010. The company
has nine agreements with paper companies in Asia; eight in North America; six in
Europe; and one in South America.
"We are delighted that this highly respected European papermaker has signed a
second agreement to use our technology, which will allow them to produce high
quality paper at lower cost," said Joseph C. Muscari, chairman and chief
executive officer.
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 engaged with approximately 20 other paper mills to introduce our
FulFill® technology, as well as our breakthrough NewYield(TM) Integrated Process
Technology that converts a papermaking waste stream into a useable filler," said
Rand Mendez, senior vice president & managing director, Paper PCC. "Through
continued innovation, MTI is advancing our leadership in technology that can
reduce costs and improve quality for the worldwide paper industry."
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.
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 $1.725 billion in 2014.
----------
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
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#1976868]
Unternehmensinformation / Kurzprofil:
Bereitgestellt von Benutzer: hugin
" alt="Naturally Splendid Signs LOI with The Cocos Pure Beverage Corporation to Develop Coconut / HempOmega™ Product LineDatum: 06.01.2016 - 13:00 Uhr
Sprache: Deutsch
News-ID 442719
Anzahl Zeichen: 4116
contact information:
Town:
New York
Kategorie:
Business News
Diese Pressemitteilung wurde bisher 348 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"Minerals Technologies Inc. Signs Commercial Agreement with European Paper Company to Deploy FulFill® Technology for High-Filler Loading"
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).
