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2015-04-06

Minerals Technologies Inc: Minerals Technologies Announces an Agreement with Sun Paper Group to Construct a 100,000 Metric Ton Satellite PCC Plant in China

Agreement Includes Technology Partnership for Adoption of FulFill® PCC High
Filler Portfolio of Technologies
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NEW YORK, NY, April 6, 2015-Minerals Technologies Inc. (NYSE: MTX) announced
today that it has signed an agreement with the Sun Paper Group to construct a
100,000 metric ton precipitated calcium carbonate (PCC) satellite plant for
paper filling at Sun's pulp and paper operations in Shandong Province, China.
The facility will support a new paper machine that is scheduled to start up
in the fourth quarter of 2015.

"We are extremely pleased to be broadening our relationship with such a
prominent papermaker as the Sun Paper Group," said Joseph C. Muscari,
chairman and chief executive officer, who was in Shandong Province for the
signing of the agreement with Sun Paper's Chairman, Li Hongxin. "This
agreement marks the third project Minerals Technologies has with Sun Paper,
and we look forward to further developing a long-term association committed
to improvement through technological innovation."

The agreement with Sun Paper, the largest privately owned paper company in
China, also includes a technology partnership to foster the adoption of
Minerals Technologies FulFill®PCC portfolio of high filler technologies. Sun
Paper will evaluate at least two technologies in the FulFill®portfolio--E-325
and FulFill®F. The E-325 technology increases the PCC fill rate in paper by
three to five percentage points. FulFill®F, formerly known as Filler-Fiber,
dramatically increases PCC fill rates and has demonstrated in commercial
trials to increase the level of PCC in paper by as much as 50 percent. PCC
provides brightness, opacity and bulk in paper while replacing higher cost
fiber.

Minerals Technologies is currently building a 100,000 metric ton satellite
plant at Sun Paper that will provide coating grade PCC. That facility will
begin operation by mid-year. Sun Paper has also adopted MTI's NewYield(TM)
Integrated Process Technology that converts a paper and pulp mill waste
stream into a functional pigment for filling paper. NewYield(TM) process
technology eliminates the cost of environmental disposal and remediation of
certain waste streams to papermakers. The facility, which will also be
operational in the third quarter, will produce 60,000 tons of filler pigment
from Sun's waste stream.

PCC is a specialty pigment for filling and coating high-quality paper. By
substituting Minerals Technologies' PCC for more expensive wood fiber,
customers are able to produce brighter, higher quality paper at lower cost.
In 1986, Minerals Technologies originated the satellite concept for making
and delivering PCC on-site at paper mills and the concept was a major factor
in revolutionizing papermaking in North America. Today, the company has 60
satellite plants in operation or under construction around the world and
continues to lead the industry with consistent quality and technical
innovation.

New York-based Minerals Technologies Inc. is a resource- and technology-based
growth company that develops, produces and markets worldwide a broad range of
specialty mineral, mineral-based and synthetic mineral products and related
systems and services. MTI serves the paper, foundry, steel, environmental,
energy, polymer and consumer products industries. The company reported sales
of $1.725 billion in 2014.

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For further information about Minerals Technologies Inc. look on the internet
at http://www.mineralstech.com/

Contact:
Rick B. Honey
(212) 878-1831

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Minerals Technologies Inc via Globenewswire

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