Minerals Technologies Signs Agreement with Phoenix Paper to Rebuild and Operate a 35,000 Ton Per Year Satellite PCC Plant in U.S.

Minerals Technologies Inc. announced today that it has signed an agreement with Phoenix Paper LLC to re-establish a 35,000 ton per year satellite precipitated calcium carbonate (PCC) plant at its paper mill in Wickliffe, Kentucky. This paper mill had been idled for the past five years and was recently purchased and restarted by Phoenix Paper, a subsidiary of Shanying International, a Chinese-based company focused on entering the North American paper market. MTI has been providing its PCC from nearby sources to the Wickliffe site since the facility restarted operations in November of 2019.

“We are very pleased to collaborate with Phoenix Paper to support production of higher value grades from their paper machine in Wickliffe, Kentucky, using our PCC technology,” said Douglas T. Dietrich, Chief Executive Officer. “We are excited to see the redeployment of our PCC assets in North America through this opportunity.”

D.J. Monagle III, Group President, Specialty Minerals and Refractories, commented further, “Phoenix Paper has shown itself to be an innovative and reputable paper company. We are excited to grow our relationship with them through this agreement and work closely with their production team in Kentucky. Our PCC will be used as a paper filler to lower costs and improve brightness, opacity, and bulk.”
http://www.phoenixpaper.com/

Related Posts

Ahlstrom-Munksjö introduces FortiCell® , a new product platform specifically designed for energy storage applications

Ahlstrom-Munksjö takes further steps into the energy storage market and pre-launches Ahlstrom-Munksjö Forticell®, its new platform of fiber-based solutions for energy storage applications. Electricity is the fastest growing source of energy and demand for energy storage is expected to grow significantly in coming years, driven by vehicle electrification, a shift towards renewable energy, an increasing demand in stationary applications and effective electricity supply chain management. Fiber-based materials are widely used in energy storage devices and, thanks to the Ahlstrom-Munksjö’s extensive expertise in cellulose, microglass and specialty nonwoven materials, the company is developing a complete range of solutions to its customers.

Metsä Group plans to end its sawn timber production in Merikarvia

According to the plans, production would end by summer 2024. The change negotiations at the Merikarvia sawmill concern all the sawmill’s 79 employees. “The Merikarvia sawmill has reached the end of its technical life cycle, which is why we’ve initiated plans to close down its operations,” says Ismo Nousiainen, CEO of Metsä Fibre. The annual production capacity of the Merikarvia sawmill is approximately 220,000 m3 pine sawn timber, and the annual wood consumption is approximately 455,000 m3.

Mondi Group: Trading update – Strong delivery in Q1 2022

Mondi delivered strongly in the first quarter of 2022. Demand was good across the business, supported by our broad range of innovative, sustainable packaging and paper solutions, product quality and customer service. Higher average selling prices more than offset continued cost pressures. Underlying EBITDA for the first quarter was €574 million, up 63% compared to the prior year period (Q1 2021: €353 million) and up 41% on a sequential basis (Q4 2021: €406 million). In the current context, the Group believes it is appropriate to report that excluding the Russian operations, underlying EBITDA for the first quarter was approximately €460 million, up around 70% compared to the prior year period. This performance is testament to the continued dedication of our people, our strong customer relationships and the strength of our integrated business model.
Back To Top
×Close search
Search