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Kadant Successfully Starts up OCC and Approach Flow Systems at Shanying’s Thai Operations

Beijing, China, June 29, 2021 – Kadant Fiberline (China) Co. Ltd., a subsidiary of Kadant Inc. (NYSE: KAI), announced the successful start-up of its OCC and approach flow systems on Shanying International’s new recycled pulp line in Prachin Buri province, Thailand.

The new recycled pulp facility in Thailand began test runs in May using OCC furnish from the U.S. With China’s full recovered paper (RCP) import restrictions starting at the beginning of 2021, the recycled pulp output from the Thailand plant is expected to be shipped to China to feed the company’s board machines.

“Once again, we are very pleased to have been selected by Shanying to supply our OCC and approach flow systems,” said Scott Warner, president of Kadant Fiberline (China) Co. As part of the Kadant Foundations™ fiber processing product line, this system features innovative technologies and equipment enabling the mill to operate with excellent stock quality and yield while generating up to a 20% reduction in fiber and energy consumption.”

“The Foundations product line’s advanced technologies are backed by Kadant’s deep and innovative industry expertise and thousands of proven product installations,” commented Peter Ma, vice president sales and marketing at Kadant Fiberline (China) Co. “Mills around the world are seeking the Foundations fiber product line as the preferred solution to meet their demanding performance targets. More than just products and technologies, the Foundations fiber product line is rooted in the deep industry expertise, forward-thinking consultative value, and pride-of-purpose passion of Kadant’s people.”

Shanying International Holdings Co., Ltd., is 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.

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 2,600 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 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.

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