Minerals Technologies to Construct Satellite PCC Plant at UPM Mill in China
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"We are extremely pleased that UPM, a premier global papermaker, has chosen Minerals Technologies' PCC for their paper-filling needs at their mill in Changshu," said Robert S. Wetherbee, CEO. "This is our fourth satellite agreement in China within approximately one year, bringing our total to seven in that country. This contract confirms the momentum of our geo, and innovation-driven future."
UPM has production plants in 15 countries and employs approximately 22,000 people worldwide. In 2012, UPM's sales exceeded $13 billion. UPM is a global producer of graphic papers, totaling 22 paper mills in Europe, China, and the U.S. The Changshu paper mill operates two modern paper machines and produces one million tons of coated and uncoated woodfree papers.
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, the company has more than 55 satellite plants in operation or under construction around the world and continues to lead the industry with consistent quality and technical innovation. It recorded sales of $1.01 billion in 2012.
