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| Unique High-Filler Technology Will Provide Significant Cost Savings in Reduced Fiber Consumption by Increasing PCC Filler Usage 20% |
NEW YORK, Apr 12, 2012 - (ACN Newswire) - Minerals Technologies Inc., (NYSE: MTX) announced today that it has signed a commercial agreement with Flambeau River Papers to provide Fulfill(TM) E-325, a new, high-filler technology, at the paper company's mill in Park Falls, Wisconsin.
Minerals Technologies now has six agreements with paper mills that have adopted the Fulfill(TM) E-325 technology that the company introduced in late 2010. This agreement with Flambeau River Paper is the first in North America.
These agreements confirm the commercial progress of the Fulfill(TM) 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(TM) 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 very pleased that Flambeau River Papers has agreed to adopt this new technology on select grades of production that will allow them to produce quality paper at lower cost," said D.J. Monagle, senior vice president & managing director, Paper PCC. "We are also very pleased to commercialize our FulFill(TM) E-325 of technology to North America for the first time, reaffirming the revitalization of our new product pipeline, and of our commitment to advance our technology leadership throughout our satellite network around the world."
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 56 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 $1.04 billion in 2011.
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 2012. All rights reserved.
Topic: Press release summary
Source: Minerals Technologies Inc.
https://www.acnnewswire.com
From the Asia Corporate News Network
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