Minerals Technologies, Sun Paper and Tsinghua University Form One of Six New EcoPartnerships Announced in Beijing During Recent U.S.-China Strategic and Economic Dialogue
(Thomson Reuters ONE) -
EcoPartnership Aimed at Reducing Pollution Through Minerals Technologies'
NewYield(TM) Integrated Process Technology
----------
NEW YORK, June 8, 2016--Minerals Technologies Inc. (NYSE: MTX) announced today
that it has formed a partnership with the Sun Paper Group and Tsinghua
University's School of Environment to pilot innovation with its NewYield(TM)
process technology aimed at reducing soil and ground water pollution by
converting a waste stream from the papermaking process into a useable filler
pigment for paper. The announcement was made on June 6 in Beijing during the
China-U.S. Climate Leaders Summit held in conjunction with the eighth annual
U.S.-China Strategic and Economic Dialogue. The partnership signing, sponsored
by the U.S. State Department and China's National Development and Reform
Commission (NDRC), was witnessed by John Kerry, U.S. Secretary of State, and
Yang Jiechi, China State Councilor.
"We are very pleased to partner with two of China's leading institutions--Sun
Paper and Tsinghua University--to help reduce the impact on the environment
through our NewYield(TM) process technology that eliminates the cost of disposal
and remediation of certain papermaking waste streams," said Joseph C. Muscari,
chairman and chief executive officer. "With the leadership of Sun Paper, with
which we have an operating NewYield(TM) facility, and Tsinghua University, as
well as the support of China's NDRC, we expect increased interest in this
technology in China."
The U.S.-China EcoPartnership program was established in 2008 to help address
environmental challenges shared by both the U.S. and China. The program was
created to highlight U.S.-China environmental cooperation pilot projects.
Through their new EcoPartnership, Minerals Technologies, Sun Paper and Tsinghua
University will demonstrate the capability to repurpose essentially 100 percent
of the lime mud waste stream generated in the papermaking process, providing a
roadmap for the Chinese pulp and paper industry to reduce the adverse impact on
soil and groundwater. The partnership will work to pilot the new technology,
innovate ways to localize the technology to China, evaluate the results of the
technology deployment, recommend policy and regulatory action, and assess the
steps necessary to drive change throughout the Chinese pulp and paper industry.
In addition to NewYield(TM), Minerals Technologies also exhibited three
additional families of technologies aimed at reducing environmental impact at
the two-day Climate Leaders Summit. These included solutions for containment and
remediation of pollutants, eco-friendly buildings, and enhancement of crop
yields. The company provides a variety of technologies such as geosynthetic clay
linings, groundwater treatment, solidification and stabilization, and sediment
remediation for commercial, industrial and infrastructure construction. The
company's technologies for eco-friendly buildings include green roof systems,
geothermal drilling solutions and advanced waterproofing. Minerals Technologies
also exhibited its Enersol(TM) crop enhancement product line, which improves
plant health, soil bioavailability and crop yield.
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, construction,
environmental, energy, polymer and consumer products industries. The company
reported sales of $1.798 billion in 2015.
For further information about Minerals Technologies Inc. look on the internet at
http://www.mineralstech.com/
Contact:
Rick B. Honey
(212) 878-1831
Paul J. Donnelly
(212) 878-1840
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#2018949]
Unternehmensinformation / Kurzprofil:
Datum: 08.06.2016 - 22:08 Uhr
Sprache: Deutsch
News-ID 476636
Anzahl Zeichen: 4836
contact information:
Town:
New York
Kategorie:
Business News
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