Displaying items by tag: Minerals Technologies Inc

Second Agreement with Global Papermaker at this North American Paper Mill
Unique High-Filler Technology Will Provide Significant Cost Savings in Reduced Fiber Consumption by Increasing PCC Filler Usage 20%

Minerals Technologies Inc. (NYSE: MTX) has announced that it has signed another commercial agreement with a prestigious global paper producer to provide Fulfill^® E-325, a high-filler technology, at the paper company's mill in North America. This is the second agreement for the deployment of the FulFill^® technology at this paper mill.

Minerals Technologies now has 22 agreements with paper mills for adoption of the Fulfill^® high-filler technology portfolio that the company introduced in late 2010. The agreement with this papermaker, which wishes to remain unnamed for competitive reasons, marks MTI's eighth in North America. 

These agreements confirm the commercial progress of the Fulfill^® 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^® portfolio  allows papermakers to increase loading levels of precipitated calcium carbonate (PCC), which replaces higher cost pulp, and increases PCC usage up to 30 percent and higher.

"The second adoption of this technology by this global papermaker at this facility illustrates its continued acceptance and reaffirms our commitment to advance our technology leadership throughout our satellite network around the world," said Joseph C. Muscari, chairman and chief executive officer. 

"Adopting the FulFill^® E-325 technology will allow this prestigious paper to produce quality paper at lower cost by replacing higher-cost fiber with PCC from our satellite plant at this paper mill," said W. Rand Mendez, senior vice president & managing director, Paper PCC.

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 64 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 $1.725 billion in 2014.

For further information about Minerals Technologies Inc. look on the internet at http://www.mineralstech.com/

NewYield(TM) Technology Converts a Papermaking Waste Stream into a Useable Filler Pigment, Eliminating the Need to Landfill the Waste Product

Minerals Technologies Inc. (NYSE: MTX) has successfully begun operation of a new satellite plant to produce the breakthrough NewYield(TM) Integrated Process Technology for the Sun Paper Group's pulp and paper operations in Shandong Province, China.

"We are extremely pleased to have our new satellite plant at Sun Paper up and running and producing a useable papermaking filler that provides Sun with both cost savings and reduced environmental impact, while at the same time providing them with a filler pigment for their paper," said Joseph C. Muscari, chairman and chief executive officer. "The successful commissioning of this plant now sets the stage for MTI to roll out this new technology to other papermakers."

NewYield(TM) is an innovative technology that converts a paper and pulp mill waste stream into a functional pigment for filling paper. NewYield(TM) technology eliminates the cost of environmental disposal and remediation of certain waste streams to papermakers. The facility will produce 60,000 tons of filler pigment from Sun's waste stream.

By utilizing Minerals Technologies' NewYield(TM) Integrated Process Technology, papermakers can eliminate the costs associated with landfill disposal or energy, and in return will receive a functional paper-filling pigment. MTI and the papermaker will both benefit, as will the environment.

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 $1.725 billion in 2014.

For further information about Minerals Technologies Inc. look on the internet at http://www.mineralstech.com/

Contact:
Rick B. Honey
(212) 878-1831

Minerals Technologies Inc. has announced that its Board of Directors has appointed W. Rand Mendez as Senior Vice President and Managing Director of its Paper PCC business unit. Mr. Mendez joins Minerals Technologies Inc. from E. I. du Pont de Nemours and Co., where he held a variety of operational and product leadership positions across a number of businesses. He will become an officer of Minerals Technologies and a member of the company's management team.

"We are happy to have Rand Mendez join Minerals Technologies," said Joseph C. Muscari, Chairman and Chief Executive Officer. "He brings more than 32 years of business and leadership experience, and will be a strong addition to our management team. Rand's main focus will be on continuing the growth of Paper PCC through geographic expansion and new product innovation."

Mr. Mendez will succeed D.J. Monagle, III, who was previously named Chief Operating Officer, Specialty Minerals Inc. and the Minteq Group, in February of 2014, but had also maintained responsibility for the company's Paper PCC business as Senior Vice President and Managing Director.

Mr. Mendez joined DuPont in 1982 and assumed positions of increasing responsibility. In 1996, he was appointed Global Business Manager, DuPont Specialty Chemicals. He was subsequently named Sales and Marketing Director, DuPont Surfaces; Business Director, DuPont Safety Resources; and in 2008, Corporate Marketing Director, DuPont Corporate Marketing & Sales.

Rand Mendez holds a Bachelor's of Science Degree in Mechanical Engineering and a Master's of Business Administration, both from Duke University.

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 $1.725 billion in 2014.

Unique High-Filler Technology Provides Significant Cost Savings in Reduced Fiber Consumption by Increasing PCC Filler Usage

Minerals Technologies Inc., (NYSE: MTX) has disclosed 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.

Minerals Technologies Inc. has announced that it has signed an agreement with the Sun Paper Group to construct a 100,000 metric ton precipitated calcium carbonate (PCC) satellite plant for paper filling at Sun's pulp and paper operations in Shandong Province, China. The facility will support a new paper machine that is scheduled to start up in the fourth quarter of 2015.

"We are extremely pleased to be broadening our relationship with such a prominent papermaker as the Sun Paper Group," said Joseph C. Muscari, chairman and chief executive officer, who was in Shandong Province for the signing of the agreement with Sun Paper's Chairman, Li Hongxin. "This agreement marks the third project Minerals Technologies has with Sun Paper, and we look forward to further developing a long-term association committed to improvement through technological innovation."

The agreement with Sun Paper, the largest privately owned paper company in China, also includes a technology partnership to foster the adoption of Minerals Technologies FulFill® PCC portfolio of high filler technologies. Sun Paper will evaluate at least two technologies in the FulFill® portfolio--E-325 and FulFill® F. The E-325 technology increases the PCC fill rate in paper by three to five percentage points. FulFill® F, formerly known as Filler-Fiber, dramatically increases PCC fill rates and has demonstrated in commercial trials to increase the level of PCC in paper by as much as 50 percent. PCC provides brightness, opacity and bulk in paper while replacing higher cost fiber.

Minerals Technologies is currently building a 100,000 metric ton satellite plant at Sun Paper that will provide coating grade PCC. That facility will begin operation by mid-year. Sun Paper has also adopted MTI's NewYield(TM) Integrated Process Technology that converts a paper and pulp mill waste stream into a functional pigment for filling paper. NewYield(TM) process technology eliminates the cost of environmental disposal and remediation of certain waste streams to papermakers. The facility, which will also be operational in the third quarter, will produce 60,000 tons of filler pigment from Sun's waste stream.

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 60 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 $1.725 billion in 2014.

Minerals Technologies Inc. have announced that its Board of Directors has appointed Alexander Masetti Vice President and Managing Director of its Paper PCC business unit. Mr. Masetti joins Minerals Technologies Inc. from Air Products and Chemicals, Inc., where he held various business unit and executive positions. He will become an officer of Minerals Technologies and a member of the company's management team.

"I am very pleased to have someone of Alex Masetti's caliber and business experience join MTI," said Joseph C. Muscari, Chairman and Chief Executive Officer. "Alex's main focus will be on continuing the growth of Paper PCC, our largest business unit, through geographic expansion and new product innovation."

Mr. Masetti will succeed D.J. Monagle, III, Chief Operating Officer, Specialty Minerals Inc. and Minteq Group, who was named to that position in February of 2014. In his new position with Minerals Technologies, Mr. Masetti will be responsible for the operation of the company's 60 precipitated calcium carbonate (PCC) plants located on site at paper mills around the world.

Mr. Masetti joined Air Products in 1981 as an Applications Engineer and was promoted to positions of increasing responsibility. In 1990, he was named Vice President, Gases Division of San Fu Chemical Company Ltd., a joint venture with Air Products. He was appointed Global Marketing Manager for the Electronics Division in 1994; Vice President of Daido Air Products Electronics in 1997; Director of Investor Relations in 2000; and Regional Vice President, Tonnage Gases North America in 2004. In 2009, he was named Vice President, Continuous Improvement Center of Excellence.

He holds a Bachelor of Science degree in Mechanical Engineering from Lafayette College in Easton, Pennsylvania, and a Masters of Business Administration from Lehigh University in Bethlehem, Pennsylvania.

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 $1.725 billion in 2014.
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For further information about Minerals Technologies Inc. look on the internet at http://www.mineralstech.com/

Unique High-Filler Technology Will Provide Significant Cost Savings in Reduced Fiber Consumption by Increasing PCC Filler Usage 20%

Minerals Technologies Inc., has announced that it has signed a commercial agreement with a prestigious global paper producer to provide Fulfill^® V-426,  a new, high-filler technology, at the paper company's mill in North America. The paper company wishes to remain unnamed for competitive reasons.

Minerals Technologies now has 20 agreements with paper mills that have adopted the Fulfill^® high filler technology portfolio that the company introduced in late 2010. The agreement with this papermaker marks the company's seventh in North America.  It is also the company's first commercial success with FulFill ® V-426, utilizing Nalco FillerTEK® technology, as a result of the distribution agreement announced in October 2011.

These agreements confirm the commercial progress of the Fulfill^® 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^® portfolio allows papermakers to increase loading levels of precipitated calcium carbonate (PCC), which replaces higher cost pulp, and increases PCC usage up to 30 percent and higher.

"We are delighted that this global papermaker is adopting the latest technology that will allow them to produce quality paper at lower cost," said D.J. Monagle, senior vice president & managing director, Paper PCC. "The continued acceptance of the FulFill^® technology portfolio globally reaffirms MTI's 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 60 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 $1.725 billion in 2014.

For further information about Minerals Technologies Inc. look on the internet at http://www.mineralstech.com/

Unique High-Filler Technology Will Provide Significant Cost Savings in Reduced Fiber Consumption by Increasing PCC Filler Usage 20%

Minerals Technologies Inc., (NYSE: MTX) has announced that it has signed a commercial agreement to provide Fulfill®  E-325, a new, high-filler technology, at a paper mill in Europe.

Minerals Technologies now has 19 agreements with paper mills that have adopted the Fulfill® E-325 technology that the company introduced in late 2010. The agreement with this papermaker is the company's fifth in Europe. The paper company wishes to remain unnamed for competitive reasons.

These agreements confirm the commercial progress of the Fulfill® 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® 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 pleased that this papermaker is adopting our technology that will allow them to produce quality paper at lower cost," said D.J. Monagle, senior vice president & managing director, Paper PCC. "The continued acceptance of our FulFill® E-325 of technology in Europe reaffirms 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 60 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. Minerals Technologies serves the paper, foundry, steel, environmental, energy, polymer and consumer products industries. The company reported sales of $1.73 billion in 2014.

Contact:
Rick B. Honey
(212) 878-1831

For further information about Minerals Technologies Inc. look on the internet at http://www.mineralstech.com/

Company's Sixth Commercial Agreement for the FulFill^® Technology in North America

Minerals Technologies Inc., has announced that it has signed a commercial agreement with a North American paper company to provide FulFill^® E-325 High Filler Technology. This agreement, which will deploy the technology at a paper mill that produces woodfree paper, is Minerals Technologies' sixth in North America. The paper company wishes to remain unnamed for competitive reasons.

The company now has 18 agreements with paper mills that have adopted the unique FulFill^® E-325 technology introduced in late 2010. The FulFill^® technology provides papermakers significant cost savings in reduced fiber consumption by allowing papermakers to increase loading levels of precipitated calcium carbonate (PCC), which replaces higher cost pulp, and increases PCC usage.

"Our FulFill® technology continues to gain acceptance across the worldwide paper industry," said Joseph C. Muscari, chairman and chief executive officer. "We are extremely pleased that another paper company has elected to deploy our technology, which is a further verification of its broad-based effectiveness. Minerals Technologies now has commercial agreements with papermakers in Asia, Europe, Latin America, North America and South Africa and are actively engaged with an additional 20 paper mills worldwide. We will continue our commitment to advance our technological leadership with papermakers around the globe."

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.

For further information about Minerals Technologies Inc. look on the internet at http://www.mineralstech.com/

NewYield(TM) Integrated Process Technology Converts a Papermaking Waste Stream into a Useable Filler Pigment

Generates Savings for Papermakers by Eliminating the Need to Landfill the Waste Product

Minerals Technologies Inc. (NYSE: MTX) has announced that it has signed an agreement with Sun Paper Group to deploy the newly introduced NewYield(TM) Integrated Process Technology at Sun's pulp and paper operations in Shandong Province, China.

NewYield(TM) Process Technology is a breakthrough technology that converts a paper and pulp mill waste stream into a functional pigment for filling paper. NewYield(TM) process technology eliminates the cost of environmental disposal and remediation of certain waste streams to papermakers. The facility, which will be operational in the third quarter of next year, will produce 60,000 tons of filler pigment from Sun's waste stream.

"We are extremely pleased to be working with such a fine papermaker as the Sun Paper Group, which is the largest privately owned paper business in China, to deploy our NewYield(TM) technology at their papermaking operations in Shandong Province," said Joseph C. Muscari, chairman and chief executive officer. "This technology provides papermakers with both cost savings and reduced environmental impact, while at the same time providing them with a filler pigment for their paper."

By utilizing Minerals Technologies' NewYield(TM) Integrated Process Technology, papermakers can eliminate the costs associated with landfill disposal or energy, and in return will receive a filler pigment that can be used in papermaking. MTI and the papermaker will both benefit, as will the environment.