MTX News & Events

Minerals Technologies announced an expansion of its paper and packaging business in Asia that included the startup of three new satellite plants in 2025, the doubling of capacity at an existing satellite, and the expected commissioning of an additional new satellite in early 2026. In 2025, the company expanded its existing footprint in Asia by launching two new satellites in China and one in India, as well as doubling the capacity of a plant in India. An additional new satellite in China is expected to launch in early 2026. In Asia overall, MTI operates in China, India, Indonesia, Japan, and Thailand.

GAAP EPS was $1.37. Reports Q3 revenue $532.4M, consensus $528.77M. "Amidst ongoing mixed market conditions, we delivered a solid operating performance that resulted in MTI's highest third quarter earnings per share on record," said CEO Douglas Dietrich. "We have clear opportunities for growth across the entire company, and we are making several strategic investments, particularly in Household & Personal Care, that will contribute to growth in the near- and long-term."

Minerals Technologies announced an investment at its plant in Usak City, Turkey to support the growth of its Rafinol line of products for the natural oil purification market. Rafinol is supplied from the Usak plant, which is dedicated to the mining and manufacture of adsorbents and bleaching earth used for the purification of both renewable fuels and edible oils. The investment in Usak will allow customers to continue to take advantage of MTI's key differentiators, including the unique nature of its mineral reserves, geographically well-positioned mining and manufacturing operations, superior performance of its products, and technical and applications support. MTI's natural oil purification business consists of two product lines under the Rafinol brand. The first product line is used for the purification of biodiesel, renewable diesel, and sustainable aviation fuel, with its powerful adsorption properties helping to remove even the highest impurities from feedstocks derived from used vegetable oils, grease, and animal fats. The second product line provides bleaching earths and adsorbents for the clarification of commonly used consumer oils and fats, including hard-to-bleach oils.