Kadant Starts up OCC System at Tangshan Jiluan Paper
Beijing, China, May 13, 2021 – Kadant Fiberline (China) Co. Ltd., a subsidiary of Kadant Inc. (NYSE: KAI), announced it successfully started up its OCC system on PM1 at the Tangshan Jiluan Paper Industry mill in Tangshan. The new line has a capacity of 900 tons per day.
Tangshan Jiluan Paper uses 100% domestic recovered paper as raw material and manufactures testliner from the finished pulp. The new OCC line features technology to maximize stock quality with minimum fiber loss and is capable of reducing energy consumption by up to 20% compared with conventional 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.
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 2,600 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 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 January 2, 2021 and subsequent filings with the Securities and Exchange Commission.