Vitry-le-Francois, France, April 28, 2023 – Kadant Lamort SAS, a subsidiary of Kadant Inc. (NYSE: KAI), and UNIPAKHELLAS S.A., an affiliate of INDEVCO Group, are implementing a new stock preparation system that yields high-quality paper from a wide range of materials while reducing fiber loss and freshwater consumption.

UNIPAKHELLAS selected a comprehensive Kadant service package that includes engineering, erection supervision, commissioning, training, and start-up assistance. The system will process a wide array of materials from local OCC and mixed waste to high-quality OCC, including materials that can be challenging to treat in stock preparation. The new line will have the capability to produce a variety of grades including polyethylene-coated paper.

In addition to revamping UNIPAKHELLAS’ current stock preparation line, Kadant Lamort will install the Heli-Drum™ system into a new stock preparation line to process the wide range of raw materials. Kadant Lamort will also supply an approach flow system including Radiclone™ hydrocycling system with high-efficiency contaminant removal to obtain high-quality paper for top-ply, as well as Periscreen-M™ machine screens. A Rotoflex™ recovery strainer will help reduce freshwater consumption, and a screw press reject compactor will contribute to disposal cost reduction. Kadant Lamort will also implement two intelligent, adaptive technologies, BoosTEK™ and FiberNet™, to assist UNIPAKHELLAS’ plans to reduce energy costs and improve fiber recovery.

Kadant and INDEVCO Group have collaborated for over two decades, implementing many successful recycled paper operations in Lebanon and Egypt. “We're committed to offering our customers tailor-made solutions to minimize fiber loss and provide sustainable processes,” stated Marcello Giorgi, global sales and marketing director at Kadant Lamort. “Our relationship with INDEVCO allows us to implement cutting-edge technologies that advance the pulp and paper industry.”

About UNIPAKHELLAS of INDEVCO Group
Established in 2008, UNIPAKHELLAS is an international company and member of INDEVCO Group, a multinational corporation with diversified manufacturing, technical, and consultancy services. UNIPAKHELLAS operates several facilities in Greece, including locations in Athens, Pelasgia, Thiva, Thessaloniki, and Crete. The company plays a leading role in the paper and packaging market with a strong belief in the need to develop innovative, eco-friendly solutions. For more information, visit unipakhellas.com

About Kadant Lamort
Kadant Lamort 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. 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. For more information, visit fiberprocessing.kadant.com.

About Kadant
Kadant is a global supplier of technologies and engineered systems that drive Sustainable Industrial Processing. The Company’s products and services play an integral role in enhancing efficiency, optimizing energy utilization, and maximizing productivity in process industries. Kadant is based in Westford, Massachusetts, with approximately 3,100 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 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 fiscal year ended December 31, 2022 and subsequent filings with the Securities and Exchange Commission.