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| NewYield(TM) Integrated Process Technology Generates Savings for Papermakers by Eliminating the Need to Landfill the Waste Product |
NEW YORK, N.Y., Aug 7, 2014 - (ACN Newswire) - Minerals Technologies Inc. (NYSE: MTX) announced today that it has introduced NewYield(TM) Integrated Process Technology, a breakthrough technology that converts a paper and pulp mill waste stream into a functional pigment for filling paper. NewYield(TM) process technology eliminates the cost of environmental disposal and remediation of certain waste streams to papermakers.
"We are very pleased to introduce this new process technology platform that will help papermakers lower costs and reduce their impact on the environment," said Joseph C. Muscari, chairman and chief executive officer. "We believe that initially, the primary region for use of this new process technology will be in China, where there is a concerted effort to reduce carbon dioxide emissions. This technology gives papermakers the ability to solve a waste disposal issue, while at the same time, provides them with a useable filler product in return. MTI and the papermaker will both benefit, as will the environment."
The specific waste stream produced at paper and pulp mills is most prevalent in developing economies and is dealt with by either sending the waste to a landfill or adding significant equipment to the process. This method is both capital and energy intensive and increases carbon dioxide emissions. By utilizing Minerals Technologies' NewYield(TM) Integrated Process Technology, papermakers can eliminate the costs associated with landfill disposal or energy, and in return will receive a filler pigment that can be used in papermaking.
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 $1.02 billion in 2013.
For further information about Minerals Technologies Inc. look on the internet at http://www.mineralstech.com/
Contact:
Rick B. Honey
+1-212-878-1831
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The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Minerals Technologies Inc via Globenewswire
Topic: New Product
Source: Minerals Technologies Inc.
https://www.acnnewswire.com
From the Asia Corporate News Network
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