Kadant wins major orders in Asia

Archiv – A USA-based supplier of recycling technology to the pulp and paper industry has received new orders in Vietnam, Russia and China valued at US$ 35 million (Euro 24.5 million).United States | A USA-based supplier of recycling technology to the pulp and paper industry has received new orders in Vietnam, Russia and China valued at US$ 35 million (Euro 24.5 million).
In one contract, Kadant Inc. of Westford, Massachussets received an order worth more than US$ 13 million (Euro 9.2 million) for the installation of recycled paper stock preparation systems at Saigon Paper Corp.’s mill in Ho Chi Minh City, Vietnam. The systems, which will be supplied by a subsidiary of Kadant, include: a 150 tonnes per day deinking system to produce tissue and white top liner; a 450 tonnes per day OCC system to produce linerboard; and a 200 tonnes per day OCC and mixed waste system to produce linerboard and fluting. The systems are scheduled for delivery in mid-2008.
Another unnamed Asian customer has awarded Kadant contracts with a combined value of more than US$ 22 million for recycled stock preparation systems to produce linerboard. Delivery against these orders is scheduled for 2008 and 2009.
Kadant has earlier reported securing orders worth US$ 11 million (Euro 7.8 million) from other customers in Russia and China.