Minerals Technologies Inc: Minerals Technologies Inc. Signs Commercial
Agreement with Major North American Papermaker to Deploy FulFill® E-325
Unique High-Filler Technology Provides Significant Cost Savings in Reduced
Fiber Consumption by Increasing PCC Filler Usage
NEW YORK, April 11, 2014-Minerals Technologies Inc., (NYSE: MTX) announced
today that it has signed a commercial agreement with a major North American
paper company to provide Fulfill® E-325, a new, high-filler technology, at a
paper mill in the United States. This is Minerals Technologies' fourth
commercial agreement for the technology in North America.
The Fulfill®E-325 series allows papermakers to increase loading levels of
precipitated calcium carbonate (PCC), replacing higher cost pulp, and
increasing PCC usage without compromising paper quality or performance. The
advancement of this new technologyconfirms 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.
"We are very pleased that this major papermaker, which has chosen to remain
unnamed for competitive reasons, has adopted our new FulFill® technology at
one of its major paper mills," said Joseph C. Muscari, chairman and chief
executive officer of Minerals Technologies. "The 16 commercial agreements we
have with papermakers around the world for this technology exemplify our
commitment to advance our technology leadership to support papermakers
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
58satellite plants in operation or under construction around the world and
continues to lead the industry with consistent quality and technical
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 $1.02 billion in 2013.
For further information about Minerals Technologies Inc. look on the internet
Rick B. Honey
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Source: Minerals Technologies Inc via Globenewswire
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