News Headlines

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KaMin Restructures in Response to Lower Kaolin Demand

Volume: 22 Issue: 21. Date: November 10, 2008

KaMin LLC of Macon, GA has announced that it will be restructuring its kaolin facilities in Georgia over the next several months. The net impact will be a...

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Imerys Third Quarter Earnings Decline 22%

Volume: 22 Issue: 21. Date: November 10, 2008

Imerys SA of France has reported a 22% decline in third quarter net income, to EURO 51.3 million (US$65.4 million), on sales 4.5% higher at EURO 886.2...

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Minerals Technologies Sales Rise on Higher Prices, Exchange Rates

Volume: 22 Issue: 21. Date: November 10, 2008

Minerals Technologies Inc (MTI) of New York, NY has reported a third quarter net income of US$19.0 million on net sales of US$294.9 million compared with...

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CertainTeed to Acquire OFI Fibreglass Assets

Volume: 22 Issue: 21. Date: November 10, 2008

OFI Income Fund of Ottawa, ON has entered into a definitive agreement with CertainTeed Insulation Canada Inc under which CertainTeed will acquire all of the operating assets of...

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Zeox Affiliate Signs Ten Year Sodium Sulfate Supply Agreement

Volume: 22 Issue: 21. Date: November 10, 2008

Zeox Corp of Vancouver, BC has announced the signing, by its 49%-owned subsidiary, Nanostructured Minerals Corp (NMC), of a ten-year sodium sulfate supply agreement. Zeox estimates that...