Minerals Technologies Inc. (MTI)
Minerals Technologies Inc. is a resource- and technology-based company that develops, produces and markets worldwide a broad range of specialty mineral, mineral-based and synthetic mineral products and related systems and services. The Company has three reportable segments: Performance Materials, Specialty Minerals and Refractories. The Performance Materials segment is a leading supplier of bentonite and bentonite-related products, as well as chromite and leonardite, to industrial and consumer markets globally. Products offered by the Performance Materials segment include specially formulated green sand bond solutions for metalcasting, additives for powdered laundry detergent formulation, and pet litter. This segment operates more than 25 mining or production facilities worldwide. The Performance Materials segment also provides products for non-residential construction, environmental and infrastructure projects worldwide.
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- Business Type:
- Industry Type:
- Soil and Groundwater
- Market Focus:
- Globally (various continents)
- Year Founded:
- Over 1000
- $100,000,000 US - $1,000,000,000 US
This company also provides solutions for other industrial applications.
Please, visit the following links for more info:
- Specialty Minerals - Ground Calcium Carbonate (GCC) and Limestone
- Marblemix - Natural & Ultra Screened Limestone
- Specialty Minerals Vical - Model 900, 1640, 4000 NSF - Ground Limestone
- Specialty Minerals HI-PFLEX - Model 100 - Surface Treated Fine Ground Limestone
- Specialty Minerals - Model DF 3015 - Screened Dolomitic Limestone
CETCO provides high-performing products worldwide across a broad range of construction projects, including bentonite-based waterproofing for underground structures and drilling applications including foundation, slurry wall, tunneling, water well, and horizontal drilling. It also provides industry leading environmental solutions for containment and remediation of pollutants, including groundwater treatment, solidification and stabilization, and sediment remediation for commercial, industrial and infrastructure construction. CETCO is the world-leading supplier of state-of-the-art Geosynthetic Clay Liner (GCL) technologies, like its Resistex line, for industrial, hazardous and municipal solid waste landfills, mining sites, and for containment of challenging residues such as coal ash from coal-fired electrical generation and red mud from alumina processing.
Minerals Technologies Inc. is a resource- and technology-based company that develops, produces and markets worldwide a broad range of specialty mineral, mineral-based and synthetic mineral products and related systems and services. The Company has four reportable segments: Performance Materials, Specialty Minerals, Refractories and Energy Services.
The Performance Materials segment is a leading supplier of bentonite and bentonite-related products, as well as chromite and leonardite, to industrial and consumer markets globally. Products offered by the Performance Materials segment include specially formulated green sand bond solutions for metalcasting, additives for powdered laundry detergent formulation, and pet litter. This segment operates more than 25 mining or production facilities worldwide. The Performance Materials segment also provides products for non-residential construction, environmental and infrastructure projects worldwide. It serves customers engaged in a broad range of construction projects, including site remediation, concrete waterproofing for underground structures, liquid containment on projects ranging from landfills to flood control, and drilling applications including foundation, slurry wall, tunneling, water well and horizontal drilling.
The Specialty Minerals segment produces and sells the synthetic mineral product precipitated calcium carbonate (PCC), mines mineral ores and processes and sells 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, automotive and pharmaceutical industries.
The Refractories segment produces and markets monolithic and shaped refractory materials and specialty products, services and application and measurement equipment, as well as calcium metal and metallurgical wire products. Refractories segment products and services are primarily used in high-temperature applications in the steel, non-ferrous metal and glass industries.
The Energy Services segment offers a comprehensive portfolio of safe, cost-effective, environmentally-friendly products, services and innovative solutions to treat and handle complex fluid challenges. As a globally recognized leader, with decades of experience in the Industrial Wastewater and Oil & Gas sectors, we manage fluid projects worldwide – from exploration to production to decommissioning. Our customized engineered solutions and patented technologies and operational experience makes us the CLEAR choice for our customers’ Well Testing, Produced Water, Fluid Treatment, and Wastewater requirements.
- We place the health and safety of people ahead of all else.
- We cultivate respect for individuals and for the diversity of cultures, beliefs, and perspectives.
- We value honest, open and ongoing communications with our employees, customers, shareholders, suppliers and the communities in which we do business.
- We uphold the spirit and intent of the law and conduct our affairs ethically.
- We foster relationships with our customers based on trust and mutual benefit.
- We strive to enhance value to customers through improved product quality, customer service innovation.
- We deliver profitable growth and higher returns for our shareholders.
- We manage our operations, our capital, and our business opportunities in a sustainable manner.
- We serve as good stewards of natural resources, and we employ sound environmental practices to protect the communities in which we operate.
- We constantly seek new, innovative technologies and efficient business processes to remain a market leader.
- We drive for success by focusing on continuous improvement in all facets of the business – processes, systems, products, services, and people.
Minerals Technologies Inc. (MTI) has a history dating back to 1992, when the company became a publicly traded company, through an initial public offering from Pfizer.
The company purchased a subsidiary from Rhodia in the UK, in 1998.
In 2000, MTI acquired Ferrotron Elektronik in Germany, a refractories business.
In 2001, MINTEQ, a subsidiary of the company, purchased all of the outstanding shares of Rijnstaal, the Netherlands based producer of cored metal wires used primarily in the steel and foundry industries.
The company purchased a merchant precipitated calcium carbonate facility in Belgium from J M Huber, in 2002. In the same year, MTI acquired the business and assets of Polar Minerals, a privately owned producer of industrial minerals.
In 2003, MTI entered into a two part agreement with International Paper Company to extend eight satellite precipitated calcium carbonate (PCC) plant supply contracts and to initiate joint efforts to develop new mineral based products for papermaking applications. As part of this technology effort, Minerals Technologies acquired an exclusive license for patented technology held by International Paper relating to the use of fillers such as PCC and fibers in manufacturing paper and paperboard.
Specialty Minerals, a subsidiary of the company, expanded a joint venture agreement with Asia Pulp & Paper, part of APP China, to construct two new precipitated calcium carbonate (PCC) satellite plants at two APP China's paper mills in China, in 2004.
In 2005, MTI reached a settlement with Omya of pending commercial and patent litigation involving the two companies.
Minteq International, a subsidiary of MTI completed the acquisition of ASMAS, an Istanbul based Turkish producer of refractories, in 2006.
In 2007, MTI's wholly-owned subsidiary Specialty Minerals (Thailand) signed an agreement with Phoenix Pulp & Paper Public to construct a precipitated calcium carbonate (PCC) satellite plant at Nam Phong, Thailand.
The company through its wholly-owned subsidiary, Specialty Minerals entered into an agreement with Ballarpur Industries Limited (BILT) to construct a satellite precipitated calcium carbonate (PCC) facility at BILT's Ballarshah Unit in Maharashtra, India, in 2009.
In the same year, MTI expanded its satellite PCC plant at a paper mill owned by Suzano Papel e Celulose, SA in Suzano, Brazil from a two-unit facility to three units, with a unit equivalent to 25,000 to 35,000 tons of PCC produced annually.
In 2010, Specialty Minerals, a wholly-owned subsidiary of MTI, agreed to construct another satellite precipitated calcium carbonate (PCC) facility to supply Ballarpur Industries Limited's (BILT) Sewa Unit at Gaganapur in the state of Orissa, India. The facility will initially produce 15,000 metric tons of PCC per year and supply the paper-filling needs of the Sewa paper mill.
The company's Ferrotron Division of subsidiary Minteq International released the LaCam Torpedo measuring system, a way to measure refractory lining thickness in hot torpedo ladles, in 2011.
In the same year, the MTI's wholly-owned subsidiary, Specialty Minerals, entered into an agreement with ABC Paper, to build and operate a satellite PCC plant at ABC Paper's integrated pulp and paper mill at Saila Khurd located in the northern Indian state of Punjab.
Also, in 2011, MTI divested a 50% interest in its Refractories joint venture in Korea for $1.5 million.
In the same year, the company signed a commercial agreement with Phoenix Pulp & Paper Public, to provide Fulfill E-325, a new, high-filler product under the Fulfill technology platform at a paper mill in Nam Phong, Thailand.
Later in the same year, MTI announced a new product line of engineered mineral additives for reinforcement in bio plastic applications.
The company launched a new product line of low oil-absorption (LOA) talc products for paints and coatings, in 2011.
In the same year, MTI entered into an agreement with Bashundhara Paper Mills, to build and operate a satellite PCC plant at Bashundhara's paper mill in Meghnaghat, Bangladesh.
Further in the same year, the company signed two commercial agreements with paper mills in Asia to provide Fulfill E-325, a new, high-filler product under the Fulfill technology platform.
In 2011, MTI announced an agreement with Nalco of Naperville, Illinois, under which Specialty Minerals, a wholly-owned subsidiary of MTI, will distribute Nalco FillerTEK technology for paper mills using PCC as filler in the papermaking process.
In the same year, the company entered into a joint venture agreement with Double A (1991) Public Company, to build a second satellite precipitated calcium carbonate (PCC) plant at a paper mill owned by Double A in Tha Toom, Thailand.
The company launched two new antiblock products for use in plastic film and bag applications in 2012. In the same year, MTI signed a commercial agreement with a papermaker, to provide Fulfill E-325 High Filler Technology, an innovative process-enhancing solution that is part of the Fulfill technology platform, at a paper mill in Southeast Asia.
Later in the same year, the company 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.
In 2012, MTI launched three new PCC products for extension of titanium dioxide (TiO2) in paints and coatings applications.
In the same year, the company signed a commercial agreement with Flambeau River Papers, to provide Fulfill E-325, a new, high-filler technology, at the paper company's mill in Park Falls, Wisconsin.
Later in the same year, ASMAS, a wholly-owned subsidiary of MTI, 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.
Also, in 2012, the company signed a commercial agreement with Mondi SCP, a subsidiary of the Mondi Group, to provide Fulfill E-325, a new, high-filler technology, at the paper company's paper mill in Ruomberok, Slovakia.
In the same year, MTI signed a commercial agreement with a papermaker to provide Fulfill E-325 High Filler Technology, a process-enhancing solution that is part of the Fulfill technology platform, at a paper mill in Europe.
Later in the same year, MTI entered into a commercial agreement with an Asian papermaker to provide FulFill E-325 higher filler technology.
MTI introduced a new, fourth generation Lacam laser measurement system for use in the global steel industry in 2012.
In the same year, the company signed a commercial agreement with Mondi, a division of the Mondi Group, to provide Fulfill E-325, a new, high- fillertechnology, at the paper company's Merebank paper mill in Durban, South Africa.
Later in the same year, MTI signed an agreement with Shandong Sun Paper Industry Joint Stock for the construction of a 100,000-metric ton satellite PCC plant at Sun Paper's paper mill in Yanzhou City, Shandong Province, China.
In 2012, the company signed an agreement with Henan Jianghe Paper 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.
MTI started the operation of second satellite PCC facility at a paper mill in Thailand owned by Double A (1991) Public Company, in January 2013.
In February 2013, the company signed a commercial agreement with a North American paper company to provide Fulfill E-325, a new, high-filler technology, at a paper mill in the US.
In the same month, MTI signed a commercial agreement with a North American paper company to provide FulFill E-325 at a paper mill that produces coated wood free paper.
The company signed a commercial agreement with CMPC Celulose Riograndense, to provide Fulfill E-325 at a paper mill in Guaiba, Brazil in March 2013.
The company launched a new calcium carbonate product for reinforcement of plastic, called VICRON FRP, used in applications as sheet molding compound (SMC), bulk molding compound (BMC) and thermoset polyesters in May 2013.
In August 2013, MTI signed an agreement for a 14,000-metric ton satellite precipitated calcium carbonate (PCC) plant at a paper mill in Europe.
In the same month, the company entered into a joint venture agreement with Nanning Jindaxing Paper Industry Co. Ltd. for the construction of a 45,000-metric ton satellite precipitated calcium carbonate (PCC) plant at Jindaxing Paper's papermaking facility in Guangxi Province, China.
The company entered into an agreement with UPM-Kymmene Corporation (UPM) to build a satellite PCC plant on site at UPM's paper mill in Changshu, China, located in Jiangsu province in January 2014.
The company introduced a new line of talc products for the polyolefin markets, under the ULTRATALC and MICROTALC in April 2014.
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 entered into an agreement to build a Satellite PCC Plant for Coated Packaging Paper in China with Zhejiang Zhengda Paper Group Co. Ltd in June 2014.
The company announced August 2014 that it has signed another commercial agreement with a North American paper company to provide FulFill® E-325 at a paper mill that produces woodfree paper.
Minerals Technologies Enters into Agreement with Glencore in South Africa, January 2015.
Minerals Technologies Signs Commercial Agreement to Deploy FulFill® E-325 Technology for High Filler Loading at a Paper Mill in Europe, February 2015.
Minerals Technologies Signs Commercial Agreement to Deploy FulFill® E-325 Technology for High Filler Loading at a Paper Mill in Europe, February 2015.
Minerals Technologies Signs Commercial Agreement with Global Paper Company to Deploy FulFill® V-426 Technology for High Filler Loading at a North American Operation, March 2015.
Minerals Technologies Announces an Agreement with Sun Paper Group to Construct a 100,000 Metric Ton Satellite PCC Plant in China, April 2015.
Douglas T. Dietrich was elected Chief Executive Officer.
MTI was selected for one of six EcoPartnerships announced during the eighth annual U.S.-China Strategic and Economic Dialogue.
The Company reported its seventh consecutive year of record earnings, with earnings per share of $4.47.
Signed agreement with Asia Pulp & Paper for new 125,000-ton satellite PCC plant and 40,000-ton expansion in Indonesia.
Signed agreement with PT Pindo Deli Pulp and Paper Mills, part of the Asia Pulp & Paper Group, to construct an 80,000- ton satellite PCC plant in Indonesia.
The Company reported its eighth consecutive year of record earnings, with earnings per share of $4.59.
Minerals Technologies acquired Sivomatic, a leading supplier of premium pet litter products in Europe.
Signed agreement with Shouguang Meilun to construct a new 150,000-ton satellite PCC plant in China.
Signed agreement with Century Pulp & Paper to install and operate a 45,000-ton satellite PCC plant in India.
The lining technologies business unit of CETCO has been a leading manufacturer of geosynthetic clay liners for 30 years.
We offer a full range of engineered environmental liner systems including geosynthetic clay liners, pond liners, drainage geocomposites, geotextiles and bentonite soil sealants.
In addition to offering high quality products, CETCO provides unparalleled engineering support. Our technical staff is expertly trained in specification review and can offer testing or design assistance. Additionally, CETCO maintains a full library of technical resources to assist you on your next project.
Expand beyond traditional lining technologies and find out how CETCO geosynthetic clay liners can help you.
CETCO lining products are often used in the following applications:
- Mining Facilities
- Power Utilities
- Stormwater Basins
- Secondary Containment
- Wastewater Lagoons
- Agricultural Operations
- Engineered Remedial Barriers
Landfill Liners & Caps
GCLs have become the gold standard clay component of composite lining systems used in industrial, hazardous and municipal solid waste landfills. Used alone or in combination with a geomembrane in a composite cover system, GCLs provide significantly lower permeability, improved ease of installation, an increased amount of usable space. In many cases GCLs are more cost-effective than traditional compacted clay liners. GCLs are also not subject to deterioration from differential settlement and freeze-thaw cycles, which can damage traditional compacted clay liners. Important design considerations for GCLs in landfill caps include confining pressure, and potential for ion exchange and desiccation.
Geosynthetics are used in construction of various components of modern mining facilities, including process solution ponds, heap leach pads, stormwater containment, wastewater treatment ponds and closures. Harsh environmental conditions provide a challenge to engineers designing the projects. In addition, increasing environmental and cost pressures are requiring lining systems to achieve greater performance levels than ever. GCLs are rapidly becoming a desired component of mining liner systems because of the benefits they provide in cost effective construction, environmental compliance and process solution leak reduction. In weather-sensitive remote or high-altitude locations, GCLs offer far greater installation efficiencies than compacted clay.
Coal Combustion Residuals Disposal
Coal combustion residuals (CCR) are generated during the power generation process and can include fly ash, bottom ash, boilerslag, and flue gas desulfurization (FGD) residuals. CCRs contain trace concentrations of heavy metals and therefore cannot be dumped or stored where rainwater can leach the metals. Liner systems can be used to contain the coal combustion by-products and protect them from leaching into the environment.
GCLs can be used for decorative ponds, golf course water features, fish ponds, water reservoirs, and wastewater lagoons. Their self seaming installation requires no specialized equipment, and their self-healing characteristics promote long life and high performance.
GCLs can be used around and underneath secondary containment above ground petroleum storage tanks. of above ground storage tanks and are easy to install. Installation details and penetrations are easily handled using simple installation techniques and can be quite cost effective.
Canals, Stormwater Impoundments and Wetlands
Composite laminated GCLs offer puncture and tensile strengths beyond conventional geomembranes. These GCLs offer the low permeability of a geomembrane combined with the high swelling and self healing characteristics of a traditional GCL. With their ease of installation, cost-effectiveness and resilience to physical and climate issues, GCLs are often specified in canals, stormwater impoundments or wetlands to control seepage and conserve valuable water where native soils are too permeable.
Highway and Civil
GCL can be used in highway and civil applications such as at airport de-icing facilities used to remove ice build up on the surfaces of planes. During the application process, glycol-based de-icing fluids can leak into local stormwater runoff, potentially causing pollution. CETCO GCLs were found compatible with de-icing fluid (glycol diluted 50/50 with water). GCLs can also be used to line roadway drainage swales for containment and prevent excessive percolation, thereby minimizing potential for groundwater contamination. Another example of using GCL in civil and highway applications is using the liner to contain acid rock and prevent runoff from entering the local water supply.