2012 News Releases

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General
DateTitle  
Dec. 12, 2012Minerals Technologies Signs Agreement with Jianghe Paper for the Construction of a Satellite PCC Facility in China
Satellite Plant Will Be the Company's Fifth in China ---------- NEW YORK, December 12-Minerals Technologies Inc. (NYSE: MTX) announced today it has signed an agreement with Henan Jianghe Paper Co., Ltd. for the construction of a 22,000-metric ton satellite precipitated calcium carbonate (PCC) plant at Jianghe Paper's papermaking facility in Jiaozuo City, Henan Province, China. Jianghe Paper, a privately owned paper company, is one of the largest carbonless and thermal papermakers in China wit... 
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Nov. 14, 2012The Board of Directors of Minerals Technologies Approves a Two-for-One Stock Split and Doubles Cash Dividend
Board Declares a Fourth Quarter Dividend, Maintaining $0.05 per Share on a Post-Split Basis---------- NEW YORK, November 14-The Board of Directors of Minerals Technologies Inc. (NYSE: MTX) today approved a two-for-one stock split in the form of a 100-percent stock distribution payable on December 11, 2012 to shareholders of record of the company's common stock on November 27, 2012. Trading in the common stock on a post-split adjusted basis will begin December 12, 2012. The Board of Directors... 
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Oct. 16, 2012Minerals Technologies Signs Agreement with the Sun Paper Group for the Construction of a 100,000 Ton-per-Year Satellite PCC Facility in China
Satellite Plant Will Produce Coating-Grade Precipitated Calcium Carbonate ----------A Major Advance in Company's Strategy of Geographic Expansion in China---------- NEW YORK, October 16-Minerals Technologies Inc. (NYSE: MTX) announced today it has signed an agreement with Shandong Sun Paper Industry Joint Stock Co. Ltd. for the construction of a 100,000-metric ton satellite precipitated calcium carbonate (PCC) plant at Sun Paper's paper mill in Yanzhou City, Shandong Province, China. The s... 
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Aug. 22, 2012Minerals Technologies Inc. Signs Commercial Agreement with Mondi to Deploy FulFill(TM) E-325 Technology for High-Filler Loading at the Merebank Paper Mill in South Africa
Unique High-Filler Technology Provides Significant Cost Savings in Reduced Fiber Consumption by Increasing PCC Filler Usage  ---------- NEW YORK, August 22-Minerals Technologies Inc., (NYSE: MTX) announced today that it has signed a commercial agreement with Mondi S.A., a division  of the Mondi Group, to provide Fulfill(TM) E-325, a new, high-filler technology, at the paper company's Merebank paper mill in Durban, South Africa. This is the second commercial agreement with an affiliate... 
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Aug. 17, 2012Minerals Technologies Develops New, Faster Laser Measuring System for Hot Refractory Linings in the Worldwide Steel Industry
NEW YORK, August 17-Minerals Technologies Inc. (NYSE: MTX) announced today that it has introduced a new, fourth generation Lacam® laser measurement system for use in the worldwide steel industry that is 17 times faster than the previous version. This new technology provides the fastest and most accurate laser scanning for hot surfaces available today. The new Lacam® system was developed by Ferrotron, a division of Minteq International Inc., which is a wholly owned subsidiary of Minerals Technolo... 
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Jul. 24, 2012Minerals Technologies Inc. Signs Ninth Commercial Agreement to Deploy FulFill(TM) E-325 Technology
Prestigious Papermaker in Asia to Adopt High-Filler Technology that Provides Significant Cost Savings in Reduced Fiber Consumption ---------- NEW YORK, July 24-Minerals Technologies Inc., (NYSE: MTX) announced today that it has entered into a commercial agreement with another leading Asian papermaker to provide FulFill(TM) E-325 higher filler technology. Minerals Technologies now has nine agreements with paper mills that have adopted the FulFill(TM) E-325 technology that the company introduce... 
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Jul. 13, 2012Minerals Technologies Inc. Signs Commercial Agreement with Second European Papermaker to Deploy FulFill(TM) E-325 Technology for High-Filler Loading
Unique High-Filler Technology Provides Significant Cost Savings by Reducing Fiber Consumption and Increases PCC Filler Usage Up to 30 Percent ---------- NEW YORK, July 13-Minerals Technologies Inc. (NYSE: MTX) announced today that it has signed a commercial agreement with a prominent papermaker to provide Fulfill(TM) E-325 High Filler Technology, an innovative process-enhancing solution that is part of  the Fulfill(TM) technology platform, at a paper mill in Europe. "Minerals Technol... 
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Jul. 02, 2012Minerals Technologies Inc. Signs Commercial Agreement with Mondi PLC to Deploy FulFill(TM) E-325 Technology for High-Filler Loading at a Paper Mill in Slovakia
Unique High-Filler Technology Provides Significant Cost Savings in Reduced Fiber Consumption by Increasing PCC Filler Usage  ---------- NEW YORK, July 2-Minerals Technologies Inc., (NYSE: MTX) announced today that it has signed a commercial agreement with Mondi SCP a.s., a subsidiary of the Mondi Group, to provide Fulfill(TM) E-325,  a new, high-filler technology,at the paper company's paper mill in Ruomberok, Slovakia. This marks Minerals Technologies' first such agreement in Europe... 
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May. 30, 2012Minerals Technologies Inc. Signs Agreement with United Steel Company (SULB) to Coordinate Refractory Operations for Greenfield Steel Mill in Bahrain
NEW YORK, May 30-Minerals Technologies Inc., (NYSE: MTX) announced today that ASMAS, a unit of Minteq International Inc., which is a wholly owned subsidiary of Minerals Technologies, has signed an agreement with United Steel Company B.S.C. (SULB) to perform all refractory maintenance at a greenfield steel mill in the Al-Hidd industrial area in Bahrain that is due to start up during the third quarter of 2012. Minteq, working with other refractory companies, will be responsible for coordinating ... 
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May. 10, 2012Minerals Technologies Customer Wins Confederation of Indian Industry Environmental Best Practices Award
NEW YORK, May 10-Minerals Technologies Inc., (NYSE: MTX) announced today the Confederation of Indian Industry (CII) has conferred its Environmental Best Practices Award for 2012 on BILT Graphic Paper Products Limited (BGPPL) for the "most innovative environmental project." The award was presented for the "carbon sequestering at BGPPL unit Ballarpur by installation of precipitated calcium carbonate (PCC) manufacturing plant."            &... 
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Apr. 12, 2012Minerals Technologies Signs Commercial Agreement with Flambeau River Papers to Deploy FulFill(TM) E-325 Technology for High-Filler Loading at a Paper Mill in Wisconsin
Unique High-Filler Technology Will Provide Significant Cost Savings in Reduced Fiber Consumption by Increasing PCC Filler Usage 20% ---------- NEW YORK, April 12-Minerals Technologies Inc., (NYSE: MTX) announced today that it has signed a commercial agreement with Flambeau River Papers to provide Fulfill(TM) E-325, a new, high-filler technology, at the paper company's mill in Park Falls, Wisconsin. Minerals Technologies now has six agreements with paper mills that have adopted the Fulfill... 
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Apr. 10, 2012Minerals Technologies Launches New Products for Application in Paints and Coatings
NEW YORK, April 10-Minerals Technologies Inc., (NYSE: MTX) announced today that it has launched three new precipitated calcium carbonate (PCC) products for extension of titanium dioxide (TiO2) in paints and coatings applications. Specialty Minerals Inc., a wholly owned subsidiary of Minerals Technologies and a leader in mineral additives, has introduced ALBAFIL® T10 and ALBACAR® T10. These new products have been specifically designed with morphology and particle size to provide spacing and ligh... 
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Apr. 05, 2012Minerals Technologies Installs First Fully Automated Scantrol® Laser Refractory Measuring System for Basic Oxygen Furnaces at EVRAZ NTMK in Russia
NEW YORK, April 5-Minerals Technologies Inc., (NYSE: MTX) announced today that it recently engineered and installed its first Scantrol® laser refractory measuring system for basic oxygen steel-making furnaces (BOFs) at the Nizhniy Tagil Metallurgical Plant (NTMK) in the Sverdlovsk region of Russia. NTMK is one of the largest fully integrated steel production facilities in Russia, producing railway goods (wheels and rails) construction products, pipe blanks and semi-finished products. It is a uni... 
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Feb. 02, 2012MINERALS TECHNOLOGIES ACHIEVES RECORD ANNUAL EARNINGS OF $3.77 PER SHARE, EXCLUDING SPECIAL ITEMS
Reported Earnings per Share were $3.73 for 2011 and $1.11 for Fourth Quarter ---------- Company Reports Record Operating Income in 2011 ---------- Highlights: ·   Earnings per Share of $1.05 for the quarter, excluding special items ·   Operating Income of $25.2 million for the quarter, 11% above  prior year ·   Five new satellite PCC contracts signed in 2011 ·   Five commercial agree... 
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Feb. 01, 2012Minerals Technologies Inc. Signs Fifth Commercial Agreement to Deploy FulFill(TM) E-325 Technology for High-Filler Loading at a Paper Mill in Southeast Asia
Unique High-Filler Technology Provides Significant Cost Savings by Reducing Fiber Consumption and Increases PCC Filler Usage Up to 30 Percent  ---------- NEW YORK, February 1-Minerals Technologies Inc. (NYSE: MTX) announced today that it has signed a commercial agreement with a prominent papermaker to provide Fulfill(TM) E-325 High Filler Technology, an innovative process-enhancing solution that is part of  the Fulfill(TM) technology platform, at a paper mill in Southeast Asia. ... 
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Jan. 27, 2012Minerals Technologies Fourth Quarter 2011 Earnings Conference Call
NEW YORK, January 27-Minerals Technologies Inc. (NYSE:MTX) will sponsor a conference call on Friday, February 3 at 11:00 a.m. Eastern Standard Time to discuss its fourth quarter 2011 financial results.  The call is open to the public but active participation will be limited to investors and analysts. The conference call is being webcast by Thomson Reuters and can be accessed at Minerals Technologies Inc.'s web site at http://www.mineralstech.com. To listen to the call, go to the MTI web s... 
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Jan. 25, 2012Marc E. Robinson Joins Minerals Technologies Inc. Board of Directors
table.hugin { border-color:black;} td.hugin { padding: 3px; border-color:black;} NEW YORK, January 25-Minerals Technologies Inc., (NYSE: MTX) announced today that Marc E. Robinson, senior executive advisor with Booz & Company, a leading global management consulting firm, has been elected a member of its Board of Directors. The appointment is effective immediately.              "We are very pleased to have someone of Marc Robinson's caliber join our Board of Directors," said Jose... 
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Jan. 04, 2012MINERALS TECHNOLOGIES INC. ANNOUNCES TWO NEW OPTIBLOC® ADDITIVES FOR FILM AND BAG APPLICATIONS
NEW YORK, January 4-Minerals Technologies Inc. (NYSE: MTX), a worldwide manufacturer of minerals products, has launched two new antiblock products for use in plastic film and bag applications. Specialty Minerals Inc., a wholly owned subsidiary of Minerals Technologies and a leader in mineral additives, has launched Optibloc® 8 and Optibloc® 325 talc blends, new antiblocking products for high-clarity film and bag applications. Antiblocks are used to prevent the adhesion of two adjacent layers o... 
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Dividends
DateTitle  
Jul. 18, 2012Minerals Technologies Inc. Declares Quarterly Dividend
NEW YORK, July 18-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 September 13, 2012 to stockholders of record on August 30, 2012. Minerals Technologies Inc. is a global resource- and technology-based growth company that develops produces and markets the highest quality performance-enhancing minerals and related products, systems and services. MTI serves the paper, steel, polymer and ... 
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May. 15, 2012Minerals Technologies Inc. Declares Quarterly Dividend
NEW YORK, May 15-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 13, 2012 to stockholders of record on May 30, 2012. Minerals Technologies Inc. is a global resource- and technology-based growth company that develops produces and markets the highest quality performance-enhancing minerals and related products, systems and services. MTI serves the paper, steel, polymer and other man... 
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Jan. 25, 2012Minerals Technologies Inc. Declares Quarterly Dividend
NEW YORK, January 25-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 March 14, 2012 to stockholders of record on February 24, 2012. Minerals Technologies Inc. is a global resource- and technology-based growth company that develops produces and markets the highest quality performance-enhancing minerals and related products, systems and services. MTI serves the paper, steel, polymer and... 
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Earnings
DateTitle  
Nov. 01, 2012Minerals Technologies Reports Third Quarter Earnings per Share of $1.05, an 11-Percent Increase over Prior Year, Excluding Special Items
Fourth Consecutive Quarter of Earnings Higher Than $1 per Share ---------- Operating Income Increased 9-Percent over Prior Year ----------   Highlights:   · Nine Months earnings of $3.17 per share, 21% above last year · Record Specialty Minerals Segment profit · Continued strong operating performance from Processed Minerals · New 100,000-ton satellite PCC plant to be built in China · Four recent Fulfill(TM) E-325 commercial agreements ... 
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Oct. 16, 2012Minerals Technologies Inc. to Hold Third Quarter 2012 Earnings Conference Call
NEW YORK, October 16-Minerals Technologies Inc. (NYSE:MTX) will sponsor a conference call on Friday, November 2 at 11:00 a.m. Eastern Daylight Time to discuss its third quarter 2012 financial results. The call is open to the public but active participation will be limited to investors and analysts. The conference call is being webcast by Thomson Reuters and can be accessed at Minerals Technologies Inc.'s web site at http://www.mineralstech.com. To listen to the call, go to the MTI web site ... 
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Jul. 26, 2012Minerals Technologies Achieves Record Earnings per Share of $1.11 for the Second Quarter
  Company Reports Operating Income of $29.5 million, Up 18% over Prior Year    ----------    Highlights:     ·   Record Company Earnings for First Six Months    ·   Operating Income as a Percentage of Sales Increased 25% to 11.6%    ·   Three Commercial Agreements Signed for FulFill(TM) E-325 Higher-Filler Technology    ·   S... 
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Jul. 11, 2012Minerals Technologies Inc. to Hold Second Quarter 2012 Earnings Conference Call
table.hugin { border-color:black;} td.hugin { padding: 3px; border-color:black;} NEW YORK, July 11-Minerals Technologies Inc. (NYSE:MTX) will sponsor a conference call on Friday, July 27 at 11:00 a.m. Eastern Daylight Time to discuss its second quarter 2012 financial results. The call is open to the public but active participation will be limited to investors and analysts. The conference call is being webcast by Thomson Reuters and can be accessed at Minerals Technologies Inc.'s web site at ht... 
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Apr. 26, 2012Minerals Technologies Reports Record First Quarter Earnings of $1.01 per Share, a 17-Percent Increase Over Prior Year
Highlights:   ·   Operating Income of $27.0 million ·   Operating Margins increased 10 percent to 10.5% of sales ·   Strong Performance from Refractories and Processed Minerals ·   Company Signs a New Agreement for FulFill(TM) E-325 Technology   NEW YORK, April 26-Minerals Technologies Inc. (NYSE: MTX) today reported net income of $18.0 million, or $1.01 per share for the first quarter ... 
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Apr. 04, 2012Minerals Technologies First Quarter 2012 Earnings Conference Call
NEW YORK, April 4-Minerals Technologies Inc. (NYSE:MTX) will sponsor a conference call on Friday, April 27 at 11:00 a.m. Eastern Daylight Time to discuss its first quarter 2012 financial results.  The call is open to the public but active participation will be limited to investors and analysts. The conference call is being webcast by Thomson Reuters and can be accessed at Minerals Technologies Inc.'s web site at http://www.mineralstech.com. To listen to the call, go to the MTI web site an... 
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