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## DURING THE YEAR, 

Minteq developed a new high performance gunnable refractory material for the Electric Arc Furnace market that was successfully trialed at key accounts in North America. 

Paper PCC New Product Development Pipeline by Development Theme 

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The new product development pipeline for MTI’s Paper PCC business unit is robust. In addition to new PCC products for filling and coating paper, the business unit is developing new technologies to aid papermakers in waste management/ recycling, energy, the environment and sustainability, and packing. These new development areas are focused on helping our papermaker customers reduce costs and improve efficiency of their operations. As we view the market today, both of these approaches for waste management and operational sustainability represent a market opportunity of about $150 million to $200 million. They also provide differentiators for MTI, building upon the environmental advantages we have already established and provided for years as our PCC captures CO2 from the stacks of our customers and improves the air quality surrounding the paper mill. We are aggressively pursuing both market areas and expect to be trialing products, framing the value and defining the ultimate market for each in 2014. 

