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| Wednesday, 26 October 2011, 21:35 HKT | |
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Source: Minerals Technologies Inc. | |
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New York, Oct 26, 2011 - (ACN Newswire) - Minerals Technologies Inc. (NYSE:MTX) today announced an agreement with Nalco (NYSE: NLC) of Naperville, Illinois, under which Specialty Minerals Inc., a wholly owned subsidiary of Minerals Technologies, will distribute Nalco FillerTEK(R) technology for paper mills using precipitated calcium carbonate (PCC) as a filler in the papermaking process.
"We are pleased to join with Nalco to distribute their FillerTEK(R) technology, which we will distribute under the FulFill(TM) V name," said D.J. Monagle, senior vice president and managing director, Paper PCC. "This enables us to augment our Fulfill(TM) portfolio of high-filler technologies that provides papermakers a variety of solutions to reduce costs by decreasing dependency on more expensive fiber."
Adds Brent Carpenter, Nalco Strategic Business Leader for Paper Services: "Minerals Technologies is the world's leading producer of PCC to the global paper industry. We are pleased with this agreement and that our patent-pending technology will enhance their Fulfill(TM) suite of solutions in which Minerals Technologies currently provides to graphic papers producers around the world."
Fulfill(TM) High-Filler Technologies is a portfolio of products and solutions designed to provide papermakers with the ability to increase the amount of filler content in paper by one to 10 percent, and beyond. Increased fill rates reduces the amount of fiber in papermaking and creates substantial operational savings for the papermaker.
FillerTEK technology preserves the critical strength and optical attributes of the final sheet while increasing the particle size of the filler through a unique method of pre-flocculation. The result is reduced interference of the filler with fiber-fiber bonding in the paper. Nalco retains the right to sell FillerTEK(R) technology in countries and areas outside of Minerals Technologies' exclusive distributorship territory.
Nalco is the world's largest sustainability services company focused on industrial water, energy and air applications; delivering significant environmental, social and economic performance benefits to our customers. In 2010, Nalco achieved sales of $4.25 billion. For more information visit www.nalco.com/ .
Minerals Technologies Inc. is a global 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 is environmentally committed and manages its resources and operations in a sustainable manner. Total sales for the company were $1 billion for 2010. 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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Source: Minerals Technologies Inc via Thomson Reuters ONE
Copyright (c) Thomson Reuters 2011. All rights reserved.
Topic: Press release summary
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From the Asia Corporate News Network
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