2013-02-04 18:55:24 -
Unique High-Filler Technology Provides Significant Cost Savings in Reduced Fiber
Consumption by Increasing PCC Filler Usage
NEW YORK, February 4-Minerals Technologies Inc., (NYSE: MTX) announced today
that it has signed a commercial agreement with a major North American paper
company to provide Fulfill(TM) E-325, a new, high-filler technology, at a paper
mill in the United States. This is the company's second commercial agreement
with a North American papermaker.
Minerals Technologies now has 11 agreements with
paper mills that have adopted
the Fulfill(TM) E-325 technology that the company introduced in late 2010. 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), which replaces higher cost pulp, and
increases PCC usage without compromising product quality or performance.
"We are very pleased that this fine papermaker, which has chosen to remain
unnamed for competitive reasons, has adopted our new FulFill(TM) technology at
one of its major papermaking facilities," said Joseph C. Muscari, chairman and
chief executive officer of Minerals Technologies. "The 11 commercial agreements
we have with papermakers around the world reaffirms our commitment to advance
our technology leadership throughout our global satellite network."
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 57 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 $1.01 billion in 2012.
For further information about Minerals Technologies Inc. look on the internet at
Rick B. Honey
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Source: Minerals Technologies Inc via Thomson Reuters ONE