Welcome to our dedicated page for Minerals Tech news (Ticker: MTX), a resource for investors and traders seeking the latest updates and insights on Minerals Tech stock.
Minerals Technologies Inc. (NYSE: MTX) is a global, technology-driven specialty minerals company whose news flow reflects activity across consumer, industrial, and environmental markets. Company announcements highlight developments in mineral-based products, related systems, and services that support household, food and pharmaceutical, paper, packaging, automotive, construction, and environmental applications.
Investors and followers of MTX news can expect regular updates on segment performance for the Consumer & Specialties and Engineered Solutions segments, including details on product line trends such as Household & Personal Care, Specialty Additives, High-Temperature Technologies, and Environmental & Infrastructure. Earnings releases and conference call notices provide insight into sales, operating income, margins, and cash flow, along with management commentary on demand patterns and growth initiatives.
MTI’s news also covers capital investments and capacity expansions. Recent announcements describe expansions of paper and packaging satellite plants in Asia, investments in pet care facilities for the SIVO™ private label cat litter business in the United States, Canada, and China, and projects at the Uşak City, Turkey plant to support the Rafinol™ natural oil purification product line for renewable fuels and edible oils.
Environmental and sustainability topics feature in MTI’s communications, including its annual Sustainability Report and updates on technologies such as FLUORO-SORB® for PFAS remediation. Participation in industry and investor conferences, dividend decisions, and share repurchase activity are also common themes. This news page aggregates these updates so readers can follow how MTI’s specialty minerals technologies, segment strategies, and capital deployment decisions evolve over time.
Minerals Technologies Inc. (NYSE: MTX) has declared a quarterly dividend of $0.05 per share on its common stock, payable on September 9, 2021, to stockholders of record as of August 20, 2021. The company reported sales of $1.6 billion in 2020 and operates across multiple sectors, including paper, construction, and energy. This dividend reflects the company's commitment to returning value to shareholders amidst its broad product offerings and significant market presence.
Minerals Technologies Inc. (NYSE: MTX) will release its second-quarter results for the period ending July 4, 2021, on July 29, 2021, after market close. A conference call to discuss these results is scheduled for July 30, 2021, at 11:00 a.m. Eastern Time. The call will be accessible via webcast on the company's website, where investors can navigate to 'Investor Relations' and 'Quarterly Results & Conference Calls.' The company reported $1.6 billion in sales for 2020, serving various industries including paper, steel, and construction.
Minerals Technologies Inc. (NYSE: MTX) has announced a quarterly dividend of $0.05 per share on its common stock, scheduled for payment on June 17, 2021. Stockholders of record by June 3, 2021 will be eligible to receive the dividend. The company reported sales of $1.6 billion for the year 2020, positioning itself as a leader in specialty mineral products across various industries, including paper and steel.
Minerals Technologies reported strong first quarter results with an EPS of $1.17, marking a record for the quarter. Sales reached $453 million, up 5% sequentially and 8% year-over-year. Operating income was $59 million, reflecting a 2% increase from the prior year. The company signed a new agreement for a 50,000 ton satellite PCC plant in China and generated $51 million in cash flow from operations, a 68% increase from the previous year. The Performance Materials segment was realigned to support growth initiatives.
Minerals Technologies Inc. (NYSE: MTX) has signed an agreement with Zhumadianshi Baiyun Paper Co., LTD to establish a 50,000 metric ton per year precipitated calcium carbonate (PCC) plant at Baiyun Paper's mill in China. This facility, set to begin operations in early 2022, will be wholly owned by MTI and marks its tenth satellite PCC plant in the country. The partnership highlights MTI's growth strategy in Asia and aims to enhance product quality while reducing costs for Baiyun Paper.
Minerals Technologies Inc. (MTX) will announce its first-quarter financial results for the period ending April 4, 2021, on May 6, 2021, after market close. A conference call to discuss these results is scheduled for May 7, 2021, at 11:00 a.m. ET. The call will be available via webcast on MTI's investor relations webpage. In 2020, MTI reported sales of $1.6 billion and operates in industries including paper, construction, and energy.
Minerals Technologies Inc. (NYSE: MTX) announced that CEO Douglas Dietrich and CFO Matthew Garth will present at the Sidoti & Company Spring Virtual Investor Conference on March 24, 2021, at 9:15 a.m. ET. Interested investors can access a live broadcast on the Company’s website under the Investor Events section, with a replay available post-event. Minerals Technologies, headquartered in New York, reported $1.6 billion in sales for 2020, providing specialty mineral products across various industries including paper, steel, and construction.
Minerals Technologies Inc. (MTX) has appointed Douglas T. Dietrich as Chairman of the Board, in addition to his role as CEO, effective immediately. He succeeds Duane R. Dunham, who will retire after the 2023 Annual Meeting. The Board also appointed Robert L. Clark as Lead Independent Director. This change reflects the Board’s confidence in Dietrich's leadership since 2016, aimed at enhancing MTI's governance and operational performance. MTI reported $1.6 billion in sales in 2020, servicing various industries including paper and construction.
Minerals Technologies Inc. (MTX) will present virtually at the G.research Specialty Chemicals Conference on March 11, 2021, at 11:30 a.m. Eastern Time. The presentation will feature Douglas Dietrich, CEO, and Matthew Garth, CFO. A live broadcast will be accessible on the company's website under the Investor Events section, with a replay available afterward. In 2020, MTI reported sales of $1.6 billion and operates in various industries, including paper, steel, and energy.
Minerals Technologies Inc. (NYSE: MTX) reported 2020 earnings of $3.29 per share, with fourth-quarter sales reaching $432 million, an 11% increase sequentially. The company experienced improved demand across major markets, leading to a sequential operating margin increase and strong cash flow from operations of $92 million. Despite a challenging environment, productivity improved by 4%, and cash flow for the year was $241 million. The full-year sales were down 11% compared to the previous year, primarily due to COVID-19 effects, but the company enhanced financial flexibility by extending debt maturities.