Kadant Awarded Order for OCC and Approach Flow System for Linping’s Xiao Mill
Beijing, China, August 25, 2021 – Kadant Fiberline (China) Co. Ltd., a subsidiary of Kadant Inc. (NYSE: KAI), was awarded an order for an OCC stock preparation system and approach flow system from Linping Paper. The new equipment will be installed on PM7 at Linping’s Xiao mill and startup is scheduled for 2022. The system will be used to produce high-strength medium and testliner with a basis weight from 90 to 180 gsm. The board machine has a trim width of 6.6 m, making it the widest board machine supplied by a local machinery builder.
“This solution is a perfect match to the customer’s expectations, and we are very pleased to have been selected by Linping to supply the fiber processing systems for PM7,” said Scott Warner, president of Kadant Fiberline (China) Co. “As part of the Kadant Foundations™ fiber processing product line, the 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 a 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.”
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.
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
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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.