Minerals Technologies signs NewYield® technology upgrade agreement in Brazil
25 Julho 2023 - 5:15PM
Minerals Technologies Inc. (NYSE: MTX) (“MTI” or “the Company”)
today announced that it has entered into an agreement with a
leading global paper company to upgrade one of the Company’s
existing precipitated calcium carbonate (PCC) plants in the Brazil
by integrating MTI’s NewYield® LO PCC technology.
MTI’s proprietary NewYield® technology converts a waste stream
from a paper mill’s pulping operation into a functional filler
pigment. NewYield® technology eliminates the cost of disposal of
this waste stream while simultaneously reducing the raw material
consumption for the production of PCC. The NewYield® product
provides excellent performance in key paper properties, including
improved bulk and opacity while maintaining equal or better
strength and smoothness.
“MTI continues to deploy our crystal engineering expertise to
innovate in paper and packaging applications, allowing us to
provide sustainable solutions to meet our customer’s needs,” said
Douglas T. Dietrich, Chairman and Chief Executive Officer. “The use
of our NewYield® technology showcases MTI’s advanced paper and
packaging technology portfolio which enables our leadership
position in this market.”
D.J. Monagle III, Group President, Consumer & Specialties,
commented further, “This upgrade agreement represents the first
deployment in Brazil of our NewYield® LO PCC technology and
demonstrates the versatility of our sustainable growth platform to
support existing as well as new customers.”
In 1986, Minerals Technologies originated the satellite concept
for making and delivering PCC on-site at paper mills. Today, MTI
has 55 satellite plants in operation or under construction globally
and continues to lead the industry with consistent quality and
technical innovation.
About Minerals Technologies Inc.New York-based
Minerals Technologies Inc. (MTI) is a leading, technology-driven
specialty minerals company that develops, produces, and markets a
broad range of mineral and mineral-based products, related systems,
and services. MTI serves globally a wide range of consumer and
industrial markets, including household, food and pharmaceutical,
paper, packaging, automotive, construction, and environmental. The
company reported global sales of $2.1 billion in 2022. For further
information, please visit our website at
www.mineralstech.com.
Investor Contact: Lydia Kopylova(212) 878-1831Media Contact:
Jennifer Albert(212) 878-1840
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