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IMERYS Minerals Japan Establishes New Joint Venture Company with Hokuetsu Paper

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IMERYS Minerals Japan Establishes New Joint Venture Company with Hokuetsu Paper

Brussels, Belgium

IMERYS Minerals Japan is pleased to announce that it has formed a joint venture company with Hokuetsu Paper - Niigata GCC Company, Ltd. The company, for which IMERYS Minerals Japan is the majority shareholder, will be responsible for the on-site production of ground calcium carbonate supplying 100% of Hokuetsu Niigata mill's requirement for GCC. The plant will be supplied with raw materials from IMERYS operations in Malaysia and Vietnam.

A ground breaking ceremony for the plant was held on March 6th 2007. IMERYS is delighted to have been chosen by Hokuetsu as their partner for the supply of ground calcium carbonate to the Niigata mill. Niigata is one of the most renowned paper producing sites in Japan. It is also one of the largest paper producing locations in the world, producing 980,000 mt of paper products a year.

IMERYS brings the technology of its products and applications, its local presence in Japan with two well established GCC plants, and an unsurpassed access to raw materials in the Asia Pacific region to a partnership with Hokuetsu that has lasted over the past 20 years.

IMERYS looks forward to working with Hokuetsu in this venture and becoming a member of the Niigata community.

Notes to editors: IMERYS Pigments for Paper is a world leading producer of white pigments, manufacturing kaolin, ground calcium carbonate (GCC) and precipitated calcium carbonate (PCC). The business group serves the needs of the international paper industry and employs 2,846 people, operates 44 industrial sites in 19 countries and represents 23% of IMERYS' overall revenue.

CONTACT: IMERYS Pigments for Paper Spencer Farmer +44 (0)776 664 1967 Global Marketing Director spencer.farmer@imerys.com

CONTACT: IMERYS Pigments for Paper Spencer Farmer +44 (0)776 664 1967 Global Marketing Director spencer.farmer@imerys.com

Source: Business Wire (Business Wire India)


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