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Kadant to Supply OCC System to Anhui Xinguang Paper’s Xiao Mill

Beijing, China, September 8, 2021 – Kadant Fiberline (China) Co. Ltd., a subsidiary of Kadant Inc. (NYSE: KAI), was awarded an order for a 1600 metric tons-per-day OCC stock preparation system from Anhui Xinguang Paper. The OCC system will feed its PM3 and PM5 and is scheduled to start up in 2023. The board machines have a trim width of 5.6 m and will produce testliner and corrugating medium in a basis weight range from 80 to120 gsm.

As part of the Kadant Foundations™ fiber processing product line, the OCC system features innovative technologies enabling the mill to operate with maximum stock quality and yield while generating up to a 20% reduction in fiber and energy consumption.

“We are pleased to have been selected to work with Anhui Xinguang Paper on this project,” commented Peter Ma, vice president sales and marketing at Kadant Fiberline (China) Co. “Kadant’s deep expertise in fiber processing and proven equipment performance will help the mill operate at minimal costs and maximum efficiency.”

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 2,900 employees in 21 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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