Beijing, China, July 26, 2024 – Kadant Fiberline (China) Co. Ltd., a subsidiary of Kadant Inc. (NYSE: KAI), has been awarded an order for two approach flow systems (AFS) for Taizhou Forest Paper in ZheJiang Province, China. The systems are scheduled to start up in 2025.

The award includes supplying equipment and technology for Taizhou’s PM7 and PM8 lines. The project scope for the PM8 line features Kadant’s RADICLONE™ AM80 hydrocycloning systems for applications requiring high-quality pulp and paper cleanliness and high-efficiency heavyweight contaminant removal and fractionation.

“We are very pleased Taizhou Forest Paper selected our AFS for its PM7 and PM8 lines as well as our Kadant Foundations™ OCC system for its PM7 line," said Peter Ma, vice president of sales and marketing at Kadant Fiberline China. “We value Taizhou Forest Paper as a key customer for Kadant’s fiber processing systems.”

About Kadant Fiberline China
Kadant Fiberline (China) Co. Ltd., is a leading fiber processing and recycling equipment supplier that designs, manufactures, and services equipment used in virgin and recycled paper stock preparation and paper machine approach-flow applications.

About Kadant
Kadant is a global supplier of technologies and engineered systems that drive Sustainable Industrial Processing. The Company’s products and services play an integral role in enhancing efficiency, optimizing energy utilization, and maximizing productivity in process industries. Kadant is based in Westford, Massachusetts, with approximately 3,500 employees in 20 countries worldwide. For more information, visit www.kadant.com.

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The following constitutes a “Safe Harbor” statement under the Private Securities Litigation Reform Act of 1995: This press release contains forward-looking statements that involve a number of risks and uncertainties, including forward-looking statements about our customers, products, technologies, and markets. These forward-looking statements represent our expectations as of the date of this press release. We undertake no obligation to publicly update any forward-looking statement, whether as a result of new information, future events, or otherwise. These forward-looking statements are subject to known and unknown risks and uncertainties that may cause our actual results to differ materially from these forward-looking statements as a result of various important factors, including those set forth under the heading "Risk Factors" in Kadant’s annual report on Form 10-K for the fiscal year ended December 30, 2023 and subsequent filings with the Securities and Exchange Commission.