09.19.14 Corporate Profile
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.
On May 9, 2014, Minerals Technologies acquired AMCOL International Corporation, doubling the company’s size to more than $2 billion in revenue to establish a stronger foundation for future growth.
The Company has five reportable segments:
Specialty Minerals: The Specialty Minerals segment produces and sells the synthetic mineral product precipitated calcium carbonate (PCC) and the processed mineral product quicklime (lime), and mines, processes and sells other natural mineral products, primarily limestone and talc. This segment’s products are used principally in the paper, building materials, paint and coatings, glass, ceramic, polymer, food and pharmaceutical industries. Minerals Technologies is the largest supplier of PCC to the worldwide paper industry.
|Jun. 08, 2015||Minerals Technologies Launches Enersol® Crop Enhancement Technology in China|
|NEW YORK, NY, June 8, 2015-Minerals Technologies Inc. (NYSE: MTX) recently launched its Enersol® crop enhancement technology in China at a news conference in Beijing with the Chinese news media and influential regional wholesale companies. Enersol®, derived from leonardite, a naturally occurring mineral, is in trials around the world in a variety of crops ranging from corn, soybeans, rice and potatoes. "We believe there is an excellent growth opportunity with the Enersol® technology and th... |
|May. 12, 2015||Minerals Technologies Declares Quarterly Dividend|
|NEW YORK, May 12, 2015-Minerals Technologies Inc. (NYSE: MTX) today declared a regular quarterly dividend of $0.05 per share on the company's common stock. The dividend is payable on June 10, 2015 to stockholders of record on May 27, 2015. 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 s... |
|Apr. 23, 2015||Minerals Technologies Reports First Quarter Earnings of $1.07 per Share, Excluding Special Items, an 84-Percent Increase over Prior Year |
|Reported Earnings per Share were $1.01, including Acquisition Integration Costs ---------- Highlights: · Acquisition Highly Accretive · Synergies Tracking Well Ahead of Target · Operating Income Increased 121% · Operating Margin of 14.0%-20% Improvement · New 100,000-Ton Satellite Paper PCC Contract in China · Two New Commercial Agreements for FulFill® PCC High Filler Products · $40 Million Debt Reduction in the ... |
|Apr. 22, 2015||Advisory: Minerals Technologies Inc. to Host an Analyst Day on June 30|
|NEW YORK, April 22, 2015-Minerals Technologies Inc. (NYSE:MTX) will host an Analyst Day meeting at the New York Stock Exchange on June 30, 2015 with members of the investment community to articulate MTI's strategy and long-term goals. Presentations by Mineral Technologies' executive management team, including a keynote address by Chairman and Chief Executive Office Joseph C. Muscari, will provide an overview of the company's financial objectives and vision for the future. WHEN: Tuesday, June 30... |
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