{"id":478268,"date":"2021-04-19T16:10:39","date_gmt":"2021-04-19T20:10:39","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/minerals-technologies-signs-agreement-with-baiyun-paper-to-construct-a-50000-metric-ton-per-year-satellite-pcc-plant-in-china\/"},"modified":"2021-04-19T16:10:39","modified_gmt":"2021-04-19T20:10:39","slug":"minerals-technologies-signs-agreement-with-baiyun-paper-to-construct-a-50000-metric-ton-per-year-satellite-pcc-plant-in-china","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/minerals-technologies-signs-agreement-with-baiyun-paper-to-construct-a-50000-metric-ton-per-year-satellite-pcc-plant-in-china\/","title":{"rendered":"Minerals Technologies Signs Agreement with Baiyun Paper to Construct a 50,000 Metric Ton Per Year Satellite PCC Plant in China"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"left\">NEW YORK, April  19, 2021  (GLOBE NEWSWIRE) &#8212; Minerals Technologies Inc. (NYSE: MTX) (\u201cMTI\u201d or \u201cthe Company\u201d) announced today that it has signed an agreement with Zhumadianshi Baiyun Paper Co., LTD (\u201cBaiyun Paper\u201d) to build a 50,000 metric ton per year satellite precipitated calcium carbonate (\u201cPCC\u201d) plant at its paper mill in Suiping County, Zhumadian City, Henan Province, China. The facility will be wholly owned by MTI.\u00a0The new facility is scheduled to begin operations in the first half of 2022.<\/p>\n<p align=\"left\">\u201cWe are very pleased that Baiyun Paper has selected Minerals Technologies as its partner to deploy our PCC technology at their paper mill in Zhumadian,\u201d said Douglas T. Dietrich, Chairman and Chief Executive Officer. \u201cThis will be our tenth satellite in China, one of the fastest growing regions for our PCC technology, and continues our geographic growth in Asia.\u201d \u00a0<\/p>\n<p align=\"left\">D.J. Monagle III, Group President, Specialty Minerals and Refractories, commented further, \u201cBaiyun Paper is well known for their strong management team and sustainable operating practices. This agreement demonstrates the value that MTI\u2019s PCC technology provides papermakers as it will be used as a functional filler additive to improve brightness, opacity and bulk properties, and to reduce costs by replacing wood fiber. We look forward to a long and mutually rewarding relationship with this excellent paper company and to growing our business in the beautiful and historic Henan Province.\u201d<\/p>\n<p align=\"left\">PCC is a specialty pigment for filling and coating high-quality paper. By substituting Minerals Technologies&#8217; PCC for more expensive wood fiber, customers are able to produce brighter, higher quality paper at lower cost. In 1986, Minerals Technologies originated the satellite concept for making and delivering PCC on site at paper mills, and the concept was a major factor in revolutionizing papermaking in North America. Today, MTI has nearly 60 satellite plants in operation or under construction around the world and continues to lead the industry with consistent quality and technical innovation.<\/p>\n<p align=\"left\">\n        <strong>About\u00a0Minerals Technologies Inc.<\/strong><br \/>\n        <br \/>New York-based\u00a0Minerals Technologies Inc. (MTI)\u00a0is a global resource- and technology-based company that develops, produces and markets a broad range of specialty mineral, mineral-based and synthetic mineral products and related systems and services. MTI serves the paper, foundry, steel, construction, environmental, energy, polymer and consumer products industries. The company reported sales of\u00a0$1.6 billion\u00a0in 2020. For further information, please visit our website at\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=6c5zF3FCl8O3NHPvk7iOg8zujmnz0FclqiAEogxqsHYmIfqD0AYuDXQFSpQjgoeQU5mLxQVpILUXPQz5fp0HQ1sC_LrCvpeWL9u_IKNGdmufE-94UnmPEx1JK11xfnX2gmNZ20tHfh-46t0hEUzDUllfXZlJxX5dVcTk74jmUBOQ75XvnK7wCTheIq_i4mBBvviS_E9xXMA8HDE3HxKYNMgBotnSqK62WZK5Gamp5y8Sg017rm2rTFyMX3n-hZ8Zv5SoYKnOu_dKq49L6KJERw==\" rel=\"nofollow noopener\" target=\"_blank\"><u>www.mineralstech.com<\/u><\/a>. (MTI-G)<\/p>\n<p align=\"left\">Investor Contact:<br \/>Erik Aldag, (212) 878-1831<\/p>\n<p align=\"left\">Media Contact:<br \/>Michael Landau, (212) 878-1840<\/p>\n<p>      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODIxOTU5MSM0MTI4MDUzIzIwMDgwMDc=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/796b7945-5f4b-42d9-b8ee-268ec5416783\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>NEW YORK, April 19, 2021 (GLOBE NEWSWIRE) &#8212; Minerals Technologies Inc. (NYSE: MTX) (\u201cMTI\u201d or \u201cthe Company\u201d) announced today that it has signed an agreement with Zhumadianshi Baiyun Paper Co., LTD (\u201cBaiyun Paper\u201d) to build a 50,000 metric ton per year satellite precipitated calcium carbonate (\u201cPCC\u201d) plant at its paper mill in Suiping County, Zhumadian City, Henan Province, China. The facility will be wholly owned by MTI.\u00a0The new facility is scheduled to begin operations in the first half of 2022. \u201cWe are very pleased that Baiyun Paper has selected Minerals Technologies as its partner to deploy our PCC technology at their paper mill in Zhumadian,\u201d said Douglas T. Dietrich, Chairman and Chief Executive Officer. \u201cThis will be our tenth satellite &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/minerals-technologies-signs-agreement-with-baiyun-paper-to-construct-a-50000-metric-ton-per-year-satellite-pcc-plant-in-china\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Minerals Technologies Signs Agreement with Baiyun Paper to Construct a 50,000 Metric Ton Per Year Satellite PCC Plant in China&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-478268","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Minerals Technologies Signs Agreement with Baiyun Paper to Construct a 50,000 Metric Ton Per Year Satellite PCC Plant in China - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/minerals-technologies-signs-agreement-with-baiyun-paper-to-construct-a-50000-metric-ton-per-year-satellite-pcc-plant-in-china\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Minerals Technologies Signs Agreement with Baiyun Paper to Construct a 50,000 Metric Ton Per Year Satellite PCC Plant in China - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"NEW YORK, April 19, 2021 (GLOBE NEWSWIRE) &#8212; Minerals Technologies Inc. (NYSE: MTX) (\u201cMTI\u201d or \u201cthe Company\u201d) announced today that it has signed an agreement with Zhumadianshi Baiyun Paper Co., LTD (\u201cBaiyun Paper\u201d) to build a 50,000 metric ton per year satellite precipitated calcium carbonate (\u201cPCC\u201d) plant at its paper mill in Suiping County, Zhumadian City, Henan Province, China. The facility will be wholly owned by MTI.\u00a0The new facility is scheduled to begin operations in the first half of 2022. \u201cWe are very pleased that Baiyun Paper has selected Minerals Technologies as its partner to deploy our PCC technology at their paper mill in Zhumadian,\u201d said Douglas T. Dietrich, Chairman and Chief Executive Officer. \u201cThis will be our tenth satellite &hellip; Continue reading &quot;Minerals Technologies Signs Agreement with Baiyun Paper to Construct a 50,000 Metric Ton Per Year Satellite PCC Plant in China&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/minerals-technologies-signs-agreement-with-baiyun-paper-to-construct-a-50000-metric-ton-per-year-satellite-pcc-plant-in-china\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-04-19T20:10:39+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODIxOTU5MSM0MTI4MDUzIzIwMDgwMDc=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/minerals-technologies-signs-agreement-with-baiyun-paper-to-construct-a-50000-metric-ton-per-year-satellite-pcc-plant-in-china\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/minerals-technologies-signs-agreement-with-baiyun-paper-to-construct-a-50000-metric-ton-per-year-satellite-pcc-plant-in-china\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Minerals Technologies Signs Agreement with Baiyun Paper to Construct a 50,000 Metric Ton Per Year Satellite PCC Plant in China\",\"datePublished\":\"2021-04-19T20:10:39+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/minerals-technologies-signs-agreement-with-baiyun-paper-to-construct-a-50000-metric-ton-per-year-satellite-pcc-plant-in-china\\\/\"},\"wordCount\":415,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/minerals-technologies-signs-agreement-with-baiyun-paper-to-construct-a-50000-metric-ton-per-year-satellite-pcc-plant-in-china\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODIxOTU5MSM0MTI4MDUzIzIwMDgwMDc=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/minerals-technologies-signs-agreement-with-baiyun-paper-to-construct-a-50000-metric-ton-per-year-satellite-pcc-plant-in-china\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/minerals-technologies-signs-agreement-with-baiyun-paper-to-construct-a-50000-metric-ton-per-year-satellite-pcc-plant-in-china\\\/\",\"name\":\"Minerals Technologies Signs Agreement with Baiyun Paper to Construct a 50,000 Metric Ton Per Year Satellite PCC Plant in China - 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(NYSE: MTX) (\u201cMTI\u201d or \u201cthe Company\u201d) announced today that it has signed an agreement with Zhumadianshi Baiyun Paper Co., LTD (\u201cBaiyun Paper\u201d) to build a 50,000 metric ton per year satellite precipitated calcium carbonate (\u201cPCC\u201d) plant at its paper mill in Suiping County, Zhumadian City, Henan Province, China. The facility will be wholly owned by MTI.\u00a0The new facility is scheduled to begin operations in the first half of 2022. \u201cWe are very pleased that Baiyun Paper has selected Minerals Technologies as its partner to deploy our PCC technology at their paper mill in Zhumadian,\u201d said Douglas T. Dietrich, Chairman and Chief Executive Officer. \u201cThis will be our tenth satellite &hellip; Continue reading \"Minerals Technologies Signs Agreement with Baiyun Paper to Construct a 50,000 Metric Ton Per Year Satellite PCC Plant in China\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/minerals-technologies-signs-agreement-with-baiyun-paper-to-construct-a-50000-metric-ton-per-year-satellite-pcc-plant-in-china\/","og_site_name":"Market Newsdesk","article_published_time":"2021-04-19T20:10:39+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODIxOTU5MSM0MTI4MDUzIzIwMDgwMDc=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/minerals-technologies-signs-agreement-with-baiyun-paper-to-construct-a-50000-metric-ton-per-year-satellite-pcc-plant-in-china\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/minerals-technologies-signs-agreement-with-baiyun-paper-to-construct-a-50000-metric-ton-per-year-satellite-pcc-plant-in-china\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Minerals Technologies Signs Agreement with Baiyun Paper to Construct a 50,000 Metric Ton Per Year Satellite PCC Plant in China","datePublished":"2021-04-19T20:10:39+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/minerals-technologies-signs-agreement-with-baiyun-paper-to-construct-a-50000-metric-ton-per-year-satellite-pcc-plant-in-china\/"},"wordCount":415,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/minerals-technologies-signs-agreement-with-baiyun-paper-to-construct-a-50000-metric-ton-per-year-satellite-pcc-plant-in-china\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODIxOTU5MSM0MTI4MDUzIzIwMDgwMDc=","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/minerals-technologies-signs-agreement-with-baiyun-paper-to-construct-a-50000-metric-ton-per-year-satellite-pcc-plant-in-china\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/minerals-technologies-signs-agreement-with-baiyun-paper-to-construct-a-50000-metric-ton-per-year-satellite-pcc-plant-in-china\/","name":"Minerals Technologies Signs Agreement with Baiyun Paper to Construct a 50,000 Metric Ton Per Year Satellite PCC Plant in China - 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