Minerals Technologies to Build PCC Plant for Nanning Jindaxing Paper Industry Co.
Aug. 26, 2013 - Minerals Technologies said that it has entered into a joint venture agreement with Nanning Jindaxing Paper Industry Co. Ltd. for the construction of a 45,000-metric ton satellite precipitated calcium carbonate (PCC) plant at Jindaxing Paper's papermaking facility in Guangxi Province, China.
Jindaxing Paper, a privately owned paper company, is a producer of uncoated freesheet paper with an emerging presence on the office paper markets.
The satellite facility, which will produce PCC as a filler pigment for Jindaxing Paper, will become operational in the fourth quarter of 2014.
"We are pleased to provide our PCC to an emerging paper company like Jindaxing Paper," said Robert S. Wetherbee, chief executive officer. "This agreement, our third in China within the last year, confirms the momentum of our geographic expansion strategy, and brings the number of satellite plants we have in China to six."
PCC is a specialty pigment for filling and coating high-quality paper.
Currently, Minerals Technologies has 59 satellite plants in operation or under construction around the world.
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. For additional information visit: www.mineralstech.com.
SOURCE: Minerals Technologies, Inc.