Unique High-Filler Technology Provides Significant Cost Savings in Reduced Fiber Consumption by Increasing PCC Filler Usage
NEW YORK, July 9, 2015-Minerals Technologies Inc., (NYSE: MTX) disclosed today that it has implemented a commercial agreement to use its Fulfill® E-325 high filler technology on a paper machine at a mill in India. This brings to 20 the number of paper mills that have commercially adopted the novel Fulfill® E-325 technology in order to reduce cost by replacing pulp with filler and to improve paper machine runnabilty. The paper company wished to remain unnamed for competitive reasons.
Joseph C. Muscari, chairman and chief executive officer, said: "We are extremely pleased that this fine producer of high quality printing and writing papers has chosen to build upon the positive results that came with the earlier startup of an on-site PCC satellite plant. PCC filler has enabled better quality and lower cost and we are confident that Fulfill® will extend their savings. The continuing adoption of our FulFill® technology by our satellite PCC customers is a testament to our capability as global leader in papermaking technology."
The Fulfill® E-325 series allows papermakers to increase loading levels of precipitated calcium carbonate (PCC), replacing higher cost fiber, and increasing PCC usage without compromising paper quality or performance. The advancement of this new technology confirms the commercial progress of the Fulfill® brand, which offers papermakers a variety of efficient, flexible solutions that decreases dependency on natural fiber and reduces costs.
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 62 satellite plants in operation or under construction around the world and continues to lead the industry with consistent quality and technical innovation.
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 $1.73 billion in 2014.
For further information about Minerals Technologies Inc. look on the internet at http://www.mineralstech.com/
Rick B. Honey