2011 News Releases

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DateTitle  
Oct. 27, 2011Minerals Technologies Inc. Enters Joint Venture Agreement with Double A (1991) Public Company Ltd. to Build a Second Satellite PCC Facility at a Paper Mill in Thailand
NEW YORK, October 27-Minerals Technologies Inc., (NYSE: MTX) announced today that it has entered into a joint venture agreement with Double A (1991) Public Company Ltd. to build a second satellite precipitated calcium carbonate (PCC) plant at a paper mill owned by Double A in Tha Toom, Thailand. This new satellite plant, which will be operated by Double A Specialty Minerals Company Ltd., will produce approximately 80,000 metric tons of PCC a year and will become operational in the third quart... 
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Oct. 26, 2011Minerals Technologies Signs Agreement with Nalco to Distribute Nalco's FillerTEK(R) Technology as Part of the Fulfill(TM) Portfolio
NEW YORK, October 26-Minerals Technologies Inc. (NYSE:MTX) today announced an agreement with Nalco (NYSE: NLC) of Naperville, Illinois, under which Specialty Minerals Inc., a wholly owned subsidiary of Minerals Technologies, will distribute Nalco FillerTEK® technology for paper mills using precipitated calcium carbonate (PCC) as a filler in the papermaking process. "We are pleased to join with Nalco to distribute their FillerTEK® technology, which we will distribute under the FulFill(TM) V... 
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Oct. 25, 2011Minerals Technologies Inc. Signs Commercial Agreements with Two Asian Paper Mills to Deploy Fulfill(TM) E-325 Technology for High-Filler Loading
Two Paper Mills to Adopt Unique High-Filler Technology That Will Provide Significant Cost Savings in Reduced Fiber Consumption by Increasing PCC Filler Usage  ---------- NEW YORK, October 25-Minerals Technologies Inc., (NYSE: MTX) announced today that it has signed two commercial agreements with paper mills in Asia to provide Fulfill(TM) E-325, a new, high-filler product under the Fulfill(TM)  technology platform. Minerals Technologies now has commercial contracts with four paper mills to ... 
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Oct. 19, 2011Minerals Technologies' Third Quarter 2011 Earnings Conference Call
NEW YORK. October 19-Minerals Technologies Inc. (NYSE:MTX) will sponsor a conference call on Friday, October 28, at 11:00 a.m. Eastern Standard Time to discuss its third 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 site... 
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Oct. 19, 2011Minerals Technologies Enters into Agreement to Build a Satellite PCC Plant for Bashundhara Paper Mills Ltd. in Bangladesh
NEW YORK, October 19-Minerals Technologies Inc. (NYSE: MTX) announced today that its wholly owned subsidiary, Specialty Minerals Inc., has entered into an agreement with Bashundhara Paper Mills Limited to build and operate a satellite precipitated calcium carbonate (PCC) plant at Bashundhara's paper mill in Meghnaghat, Bangladesh. The satellite PCC plant, which will produce about 30,000 metric tons of PCC a year and is expected to become operational in the first quarter of 2013, will be whol... 
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Oct. 17, 2011Minerals Technologies Inc. Promotes Thomas J. Meek to Senior Vice President, General Counsel, Corporate Secretary and Chief Compliance Officer
NEW YORK, October 17-Minerals Technologies Inc., (NYSE: MTX) announced today that Thomas J. Meek has been promoted to senior vice president, general counsel, corporate secretary and chief compliance officer.            "This change reflects the level of responsibilities and roles that Tom Meek has undertaken, as well as the leadership he has demonstrated, in improving the overall effectiveness of our Corporate Governance and Legal initiatives since he joined Minerals Technologies," ... 
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Oct. 07, 2011Minerals Technologies Inc. Announces New Talc Products for Paints and Coatings
NEW YORK, October 7-Minerals Technologies Inc., (NYSE: MTX) a worldwide manufacturer of mineral products, announces the launch of a new product line of low oil-absorption (LOA) talc products for paints and coatings.            Specialty Minerals Inc., a wholly owned subsidiary of Minerals Technologies and a leader in mineral additives, has launched Talcron® LOA for such paint and coatings applications as architectural and industrial coatings. The Talcron® LOA products provide excellent scru... 
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Sep. 07, 2011Jonathan J. Hastings Joins Minerals Technologies Inc. as Vice President, Corporate Development
NEW YORK, September 7-Minerals Technologies Inc., (NYSE: MTX) a worldwide manufacturer of minerals products, announced today that effective September 1, Jonathan J. Hastings joined the company as vice president, Corporate Development. Mr. Hastings, who will become an officer of the company and a member of the executive leadership committee, will succeed J. Michael Harley, who will become vice president, Business Development and Strategy. "I am pleased that someone of Jon Hastings' calibe... 
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Aug. 15, 2011Minerals Technologies Inc. Announces a New Product Line for Bioplastics Applications
NEW YORK, August 15-Minerals Technologies Inc., (NYSE: MTX) a worldwide manufacturer of minerals products, has launched a new product line of engineered mineral additives for reinforcement in bioplastic applications.             The products being introduced by Specialty Minerals Inc. a wholly owned subsidiary of Minerals Technologies, are designed for bioplastic-based consumer disposables such as packaging, food and beverage service w... 
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Jul. 28, 2011Minerals Technologies Inc. Signs Commercial Agreement with Phoenix Pulp & Paper Public Co. Ltd. of Thailand to Deploy Fulfill(TM) E-325 PCC Product for High-Filler Loading
Novel High-Filler Technology Will Provide This Papermaker Significant Cost Savings by Increasing PCC Filler Usage 20%  ---------- NEW YORK, July 28-Minerals Technologies Inc., (NYSE: MTX) announced today that it has signed a commercial agreement with Phoenix Pulp & Paper Public Co. Ltd., to provide Fulfill(TM) E-325,  a new, high-filler product under the Fulfill(TM)  technology platform at a paper mill in Nam Phong, Thailand.         This agreement confirms the commercial progress of wha... 
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Jul. 27, 2011Minerals Technologies Inc. to Build a Satellite PCC Plant in India for ABC Paper Limited; MTI's Fifth Satellite Plant in India Since 2009
NEW YORK, July 27-Minerals Technologies Inc. (NYSE: MTX) announced today that its wholly owned subsidiary, Specialty Minerals Inc., has entered into an agreement with ABC Paper Limited to build and operate a satellite precipitated calcium carbonate (PCC) plant at ABC Paper's integrated  pulp and paper mill at Saila Khurd located in the northern India state of Punjab. ABC Paper Limited is a Mumbai stock exchange-listed company controlled by the widely known and respected Khaitan family. The compa... 
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Jul. 20, 2011Minerals Technologies Second Quarter 2011 Earnings Conference Call
New York, U.S.A., Jul 20, 2011 (Thomson Reuters ONE via COMTEX) --Minerals Technologies Inc. (NYSE: MTX) will sponsor a conference call on Friday, July 29, at 11:00 a.m. Eastern Daylight Time to discuss its second 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. T... 
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Jun. 27, 2011Minerals Technologies' Ferrotron Unit Announces Revolutionary New Laser-Scanning Technology for Use in Worldwide Steel Industry
New Technology Provides Fast, Effective and Safer Means to Inspect Hot Torpedo-Ladle Cars at Lower Cost to Steel Makers ----------  NEW YORK, June 27-Minerals Technologies Inc., (NYSE: MTX) announced today that its Ferrotron Division of subsidiary Minteq International Inc., has released the LaCam®-Torpedo measuring system, a revolutionary way to measure refractory lining thickness in hot torpedo ladles. The LaCam®-Torpedo measuring system will be unveiled at METEC, the 8th International Meta... 
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Jun. 14, 2011DOUGLAS W. MAYGER GIVEN ADDITIONAL RESPONSIBILITY FOR SUPPLY CHAIN FUNCTION AT MINERALS TECHNOLOGIES INC.
NEW YORK, June 14-Minerals Technologies Inc. (NYSE: MTX) announced today that Douglas W. Mayger has been appointed senior vice president, Performance Minerals and Supply Chain. Mr. Mayger, vice president and managing director, Performance Minerals, succeeds Randy Harrison, senior vice president, Supply Chain, who is retiring from the company after 24 years of service.        "We are fortunate to have someone of Doug Mayger's business experience to step into the Supply Cha... 
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Apr. 18, 2011Minerals Technologies Elects Barbara Smith, Chief Financial Officer of Gerdau Ameristeel, to Its Board of Directors
NEW YORK, Apr 18, 2011 (BUSINESS WIRE) --Minerals Technologies Inc., (NYSE: MTX) announced today that its Board of Directors has elected Barbara Smith, Vice President and Chief Financial Officer of Gerdau Ameristeel, to join the board effective May 1. "We are very pleased to have someone of Barbara Smith's experience and business expertise join Minerals Technologies," said Joseph C. Muscari, Chairman and Chief Executive Officer. "She will provide valu... 
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Apr. 15, 2011Minerals Technologies First Quarter 2011 Earnings Conference Call
NEW YORK, Apr 15, 2011 (BUSINESS WIRE) --Minerals Technologies Inc. (NYSE:MTX) will sponsor a conference call on Friday, April 29, at 11:00 a.m. Eastern Daylight Time to discuss its first 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.miner... 
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Mar. 11, 2011Minerals Technologies Appoints Han Schut to Head the Company's Refractories Operation
NEW YORK, Mar 11, 2011 (BUSINESS WIRE) --Minerals Technologies Inc., (NYSE: MTX) announced today that it has appointed Han Schut, Regional Vice President--Europe, Minerals Technologies, to Vice President and Managing Director of Minteq International Inc. Mr. Schut will succeed William J. S. Wilkins, who is leaving the company to pursue other interests after serving as Senior Vice President and Managing Director of Minteq since 2007. Mr. Schut will ... 
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Feb. 01, 2011Minerals Technologies Fourth Quarter and Fiscal Year End 2010 Earnings Conference Call
NEW YORK, Feb 01, 2011 (BUSINESS WIRE) -- Minerals Technologies Inc. (NYSE:MTX) will sponsor a conference call on Friday, February 4 at 11:00 a.m. Eastern Daylight Time to discuss its fourth quarter 2010 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 www.mineralstech.com. To listen to the call, go to the M... 
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Feb. 01, 2011Minerals Technologies to Build a Satellite PCC Plant in India for JK Paper Limited
NEW YORK, Feb 01, 2011 (BUSINESS WIRE) --Minerals Technologies Inc. (NYSE: MTX) announced today that its wholly owned subsidiary, Specialty Minerals Inc., has entered into an agreement with JK Paper Limited (JK Paper) to construct a satellite precipitated calcium carbonate (PCC) facility at JK Paper's largest pulp and paper mill located near Rayagada in the state of Odisha, India. JK Paper is a part of the JK Group, one of the leading business brands in ... 
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Jan. 21, 2011Minerals Technologies to Build a Satellite PCC Plant in India for the West Coast Paper Mills Limited
NEW YORK, Jan 21, 2011 (BUSINESS WIRE) --Minerals Technologies Inc. (NYSE: MTX) announced today that its wholly owned subsidiary, Specialty Minerals Inc., has entered into a long-term agreement with The West Coast Paper Mills Limited to build and operate a satellite precipitated calcium carbonate (PCC) plant at West Coast's flagship pulp and paper mill at Dandeli, India. Dandeli is on the Kali River in the western state of Karnataka. Specialty Minerals ... 
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Dividends
DateTitle  
Nov. 17, 2011Minerals Technologies Inc. Declares Quarterly Dividend
NEW YORK, November 17-Minerals Technologies Inc. (NYSE: MTX) yesterday declared a regular quarterly dividend of $0.05 per share on the company's common stock. The dividend is payable on December 15, 2011 to stockholders of record on November 30, 2011. 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, pol... 
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May. 17, 2011Minerals Technologies Inc. Declares Quarterly Dividend
NEW YORK, May 17, 2011 (BUSINESS WIRE) -- 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 15, 2011 to stockholders of record on May 31, 2011. 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, st... 
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Jan. 26, 2011Minerals Technologies Inc. Declares Quarterly Dividend
NEW YORK, Jan 26, 2011 (BUSINESS WIRE) -- NYSE: MTX) today declared a regular quarterly dividend of $0.05 per share on the company's common stock. The dividend is payable March 16, 2011 to stockholders of record on February 25, 2011. 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 ma... 
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Earnings
DateTitle  
Oct. 27, 2011Minerals Technologies Inc. Reports Third Quarter Earnings per Share of $0.95, Excluding Special Items
Reported Earnings per Share were $0.87 ---------- Operating Income was $25.4 Million on Sales of $262.2 Million ----------   Highlights: ·   Two new satellite PCC plants to be built in Asia ·   Fulfill(TM) E-325 technology to be adopted by two paper mills in Asia ·   New talc products for paints and coatings launched ·   Cash flow from operations of $36 million in the quarter NEW YORK, ... 
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Jul. 28, 2011Minerals Technologies Reports Second Quarter Earnings Per Share of $0.90
Company Reports Sales of $268.4 Million; 5% Growth over Prior Year ---------- Board Declares Regular Quarterly Dividend of $0.05 per Share ---------- Highlights: Solid Financial Performance: Operating Income of $25.1 million in Second Quarter Cash Flow from Operations of $38 Million Geographic Expansion and New Product Introductions Gaining Traction NEW YORK, Jul 28, 2011 (BUSINESS WIRE) --Minerals Technologies Inc... 
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Apr. 28, 2011Minerals Technologies' First Quarter Earnings Per Share Were $0.87, Excluding Special Items; Reported Earnings Were $0.86 Per Share
Highlights: 8% Sales Growth Sequentially; 4% over Prior Year Operating Income up 9% Sequentially; 4% over Prior Year Company Constructing 4 New Satellite PCC Plants; 3 in India Productivity Improvements in All Business Units $10 Million of Shares Repurchased in the First Quarter NEW YORK, Apr 28, 2011 (BUSINESS WIRE) --Minerals Technologies Inc. (NYS... 
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Feb. 03, 2011Minerals Technologies Achieves Record Annual Earnings of $3.58 Diluted Earnings Per Share
Company Records $99.1 Million in Operating Income and Returns to $1.0 Billion Sales Level in 2010 Fourth Quarter Diluted Earnings per Share Were $0.85 Highlights: Income from Operations, excluding special items, increased more than 120% for full year; 32% for the quarter 2010 turnaround from 2009 in Refractories and Processed Minerals Strong Cash Flow from Operations -- $34 million for the quarter; $142 million for full year 2010 Two new contracts in Fourth Quarter for construction ... 
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