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Minerals Technologies Inc: Minerals Technologies Introduces NewYield(TM) Integrated Process Technology that Converts a Papermaking Waste Product into a Useable Filler Pigment

2014-08-06 15:10:00
Ticker Giełda ISIC Kraj Miasto
MTX XNYS U.S.A. New York






NewYield(TM) Integrated Process Technology Generates Savings for Papermakers by

Eliminating the Need to Landfill the Waste Product

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NEW YORK, NY, August 6, 2014-Minerals Technologies Inc. (NYSE: MTX) announced

today that it has introduced NewYield(TM) Integrated Process Technology, 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.



"We are very pleased to introduce this new process technology platform that will

help papermakers lower costs and reduce their impact on the environment," said

Joseph C. Muscari, chairman and chief executive officer. "We believe that

initially, the primary region for use of this new process technology will be in

China, where there is a concerted effort to reduce carbon dioxide emissions.

This technology gives papermakers the ability to solve a waste disposal issue,

while at the same time, provides them with a useable filler product in return.

MTI and the papermaker will both benefit, as will the environment."



The specific waste stream produced at paper and pulp mills is most prevalent in

developing economies and is dealt with by either sending the waste to a landfill

or adding significant equipment to the process. This method is both capital and

energy intensive and increases carbon dioxide emissions.  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.



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

$1.02 billion in 2013.



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For further information about Minerals Technologies Inc. look on the internet at

http://www.mineralstech.com/







Contact:

Rick B. Honey

(212) 878-1831











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Source: Minerals Technologies Inc via GlobeNewswire

[HUG#1846731]





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