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Kadant Fiberline China Receives OCC System Orders for Shanying’s Zhaoqing Mill

Beijing, China, February 8, 2021 – Kadant Fiberline (China) Co. Ltd., a subsidiary of Kadant Inc. (NYSE: KAI), was awarded an order for two 1400 ton-per-day OCC systems from Shanying Guangdong Paper. The OCC systems will startup in 2021 and produce linerboard and testliner at Shanying’s Zhaoqing mill for its PM52 and PM53.

The two systems will include a Hydrapulper DR, disperser, direct discharge disk filter, pressure screen, cleaner, and related equipment. The high-capacity OCC systems provide excellent stock quality and are designed to operate with lower energy consumption compared to conventional systems.

“We are pleased to have been awarded the order by Shanying Paper and to continue our partnership with Shanying Paper on its modernization projects”, said Peter Ma, vice president of sales and marketing of Kadant Fiberline China. “In addition to these two systems, Kadant Fiberline China has supplied 11 OCC systems to Shanying Paper over the past 25 years. Our expertise in the processing of recycled fiber positions us well for projects such as this, where product, process, and controls integration are required for maximum uptime, production, and quality and is the decisive criteria that persuaded Shanying to trust in Kadant Fiberline China once again.”

Shanying Guangdong Paper Industry Co., Ltd. is a part of Shanying International Holdings Co., Ltd., one of the largest industrial papermaking enterprises and packaging board manufacturers in China.

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. For more information, visit fiberprocessing.kadant.com.

About Kadant

Kadant Inc. is a global supplier of high-value, critical components and engineered systems used in process industries worldwide. The Company’s products, technologies, and services play an integral role in enhancing process efficiency, optimizing energy utilization, and maximizing productivity in resource-intensive industries. Kadant is based in Westford, Massachusetts, with approximately 2,700 employees in 20 countries worldwide. For more information, visit www.kadant.com

Safe Harbor Statement

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 year ended December 28, 2019 and subsequent filings with the Securities and Exchange Commission.

 
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