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. reports developments for a global specialty minerals business that develops, produces, and markets minerals and mineral-based products and services for consumer and industrial markets. The company operates through Consumer & Specialties, including Household & Personal Care and Specialty Additives, and Engineered Solutions, including High-Temperature Technologies and Environmental & Infrastructure.
Recurring MTX news includes quarterly results, conference-call announcements, dividend declarations, investor-conference participation, and capacity updates for paper and packaging satellite plants. Company updates also describe mineral-to-market household products, specialty additives for paper, packaging, food, pharmaceuticals, coatings and construction, and process technologies used in manufacturing, environmental and infrastructure applications.
Minerals Technologies Inc. (MTX) has partnered with Satia Industries Limited to establish a 42,000 metric ton per year satellite precipitated calcium carbonate (PCC) plant at Satia's paper mill in Punjab, India. The plant is expected to commence operations in Q2 2021. This partnership highlights MTX's PCC technology, which enhances the quality of paper while reducing costs. The new facility marks MTX's eighth satellite plant in India, underpinning its ongoing growth in the Asian market. In 2019, MTX reported sales of $1.8 billion, solidifying its position in the specialty mineral market.
Minerals Technologies Inc. (NYSE: MTX) announced a quarterly dividend of $0.05 per share, payable on June 11, 2020, to stockholders of record by May 28, 2020. The company serves various industries, including paper, foundry, and construction, and reported $1.8 billion in sales for 2019. This dividend declaration highlights the company's ongoing commitment to returning value to shareholders while maintaining a robust market presence.
Summary not available.