Minerals Technologies Inc. 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.
Rick B. Honey