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 (NYSE: MTX) has declared a quarterly dividend of $0.05 per share on its common stock. This dividend will be payable on December 10, 2020, to stockholders of record by November 2, 2020. In 2019, the company reported $1.8 billion in sales and offers a diverse range of specialty mineral products and services across multiple industries, including paper, steel, and energy. The announcement reflects the company’s continued commitment to returning value to shareholders.
Minerals Technologies Inc. (NYSE: MTX) will report its third-quarter results for the period ending September 27, 2020, on October 29, 2020, after market close. A conference call to discuss these results is scheduled for October 30, 2020, at 11:00 a.m. ET. Interested parties can access the call via the company's website. In 2019, MTI reported sales of $1.8 billion, serving multiple industries including paper, steel, and energy. For further information, visit www.mineralstech.com.
Minerals Technologies Inc. (NYSE: MTX) announced that CEO Douglas Dietrich and CFO Matthew Garth will present at the Sidoti & Company Fall 2020 Investor Conference on September 23, 2020, at 12:15 p.m. ET. The presentation will be available via a live broadcast on the company's Investor Relations page. A replay will also be accessible post-event. In 2019, MTI reported sales of $1.8 billion, highlighting its role as a key player in specialty mineral and related product markets.
Minerals Technologies Inc. (NYSE: MTX) will participate in a virtual fireside chat at CL King’s 18th Annual Best Ideas Conference on September 16, 2020, at 11:45 a.m. Eastern Time. CEO Douglas Dietrich and CFO Matthew Garth will lead the discussion. A live broadcast will be available on the company's website under the Investor Events section, with a replay accessible afterward. In 2019, MTI reported sales of $1.8 billion and serves diverse industries including paper, steel, and construction.
Minerals Technologies Inc. (NYSE: MTX) has appointed Erin N. Cutler as Vice President, Human Resources, effective immediately. Cutler succeeds Thomas J. Meek and will report to CEO Douglas T. Dietrich. She has over 10 years of HR experience and has been with MTI since 2015, where she has led various HR initiatives. CEO Dietrich praised her leadership and commitment to the company’s culture. MTI reported sales of $1.8 billion in 2019 and serves multiple industries including paper and construction.
Minerals Technologies Inc. (MTX) announced a diluted EPS of $0.85 for Q2 2020, down from $1.11 in the previous year, with reported EPS at $0.42. Net sales reached $357.2 million, a decline of 23% due to COVID-19 impacts. Operating income was $27.2 million, or 7.6% of sales, with operating income excluding special items at $42 million. The company signed new PCC contracts in the U.S. and India and maintained $64 million in cash flow from operations. Significant charges of $14.6 million after tax were noted.
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Minerals Technologies Inc. (NYSE: MTX) has announced a regular quarterly dividend of $0.05 per share, set to be paid on September 3, 2020. Shareholders of record will be those on August 21, 2020. The company reported sales reaching $1.8 billion in 2019, positioning itself as a leader in specialty mineral and synthetic mineral product development across various industries, including paper, foundry, and energy. This dividend declaration highlights the company's ongoing commitment to returning value to its shareholders.
Minerals Technologies Inc. (NYSE: MTX) has announced it will release its second-quarter results for the period ending June 28, 2020, on July 30, 2020, after market close. A conference call to discuss these results is scheduled for July 31, 2020, at 11:00 a.m. Eastern Time, which will be accessible via a webcast on the company's website. Minerals Technologies is a global resource company that reported sales of $1.8 billion in 2019, serving various industries.
Minerals Technologies Inc. (MTX) has announced a private offering of $400 million in 5.000% senior notes due 2028, priced at 100% of the principal amount. The offering, closing on June 30, 2020, is backed by guarantees from the company's subsidiaries. Proceeds will be used to repay outstanding term loans, revolving credit borrowings, and for general corporate purposes. The offering is exempt from registration under the Securities Act, targeting qualified institutional buyers and non-U.S. persons.