Beijing, China, June 2, 2020 – Kadant Fiberline (China) Co. Ltd., a subsidiary of Kadant Inc. (NYSE: KAI), announced it successfully started up three OCC systems at China’s Chaozhou Hefengte and Anhui Linping.
The new OCC line at Chaozhou Hefengte has a capacity of 650 bone-dry metric tons per day and features the latest technology to produce 90-130 gsm containerboard with low energy consumption and high capacity.
This is the third liner start up within six months with Anhui Linping’s PM5 and PM6 OCC lines starting up in December 2019 and January 2020, respectively. The two lines have a combined design capacity of 500,000 metric tons per year.
“We are pleased to have been selected by Hefengte and Linping to supply our advanced OCC systems and related equipment for these modernization projects,” said Peter Ma, vice president of sales and marketing at Kadant Fiberline China. “Our expertise in recycled fiber processing positions us well for projects such as this where product, process, and controls integration are required for maximum uptime, production, and quality.”
Chaozhou Hefengte and Anhui Linping selected Kadant for these projects based on the company’s OCC equipment technology and track record of successful rebuilds.
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 2,800 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 that involve a number of risks and uncertainties, including 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 year ended December 28, 2019 and subsequent filings with the Securities and Exchange Commission.