Kadant Successfully Starts Up OCC Systems at Sun Paper
Beijing, China, May 3, 2021 – Kadant Fiberline (China) Co. Ltd., a subsidiary of Kadant Inc. (NYSE: KAI), announced it successfully started up two OCC systems at Sun Paper’s PM1 and PM2 in Muang Phin, Laos. The OCC systems each have a capacity of 400,000 tons per year.
The recycled containerboard machines have a design speed of 1200 mpm and a trim width of 6.6 m. PM 1 produces containerboard grades in basis weights of 140-250 gsm while PM 2 produces packaging paper grades in basis weights of 100-150 gsm.
“Kadant Fiberline China’s innovative technology and high-performance OCC lines supplied to other Sun Paper mills were the decisive criteria for this project,” commented Peter Ma, vice president of sales and marketing at Kadant Fiberline China. “Kadant Fiberline China has supplied and successfully installed seven OCC systems at Sun Paper. All lines feature advanced technology to enable these mills to operate with high stock quality, minimum fiber loss, and up to a 20% savings in energy consumption compared to 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.