Minerals Technologies to Construct PCC Plant for Shouguang Meilun Paper in China
July 31, 2018 - Minerals Technologies announced on July 24 that it has signed an agreement with Shouguang Meilun Paper Co., Ltd., a wholly owned subsidiary of Shandong Chenming Paper Holdings Ltd. (“Chenming Paper”) to build a 150,000 metric ton per year satellite precipitated calcium carbonate (“PCC”) plant at its paper mill in Shouguang, Shandong Province, China. The facility will be operated by a newly created joint venture with Chenming Paper in China. This is MTI's ninth satellite in China.
“We are very pleased that Chenming Paper has selected Minerals Technologies as their partner to construct and operate a satellite PCC plant that will provide our technology for their paper machine at Shouguang,” said Douglas T. Dietrich, Chief Executive Officer. “This agreement demonstrates the value that PCC continues to bring to papermakers and advances our growth in the Chinese paper market.”
D.J. Monagle III, Group President, Specialty Minerals and Refractories, commented further, “Chenming Paper is a leading brand in China, known for their excellent management team and efficient operating practices. We are pleased that they have confirmed the value of our PCC technology in their fine paper grades. Our PCC will be used as a paper filler to improve brightness, opacity and bulk, and to reduce the expense to the papermaker of higher-cost fiber. We look forward to a long and mutually rewarding relationship with this excellent paper company.”
The facility is scheduled to begin operation in the second half of 2019.
New York-based Minerals Technologies Inc. (MTI) 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. To learn more, please visit: www.mineralstech.com.
SOURCE: Minerals Technologies Inc.