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Home > Company Index > Chemicals > Basic & Intermediate Chemicals & Petrochemicals > Minerals Technologies Inc.

Minerals Technologies Inc.
NYSE: MTX
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 NEWS FROM THE WIRES
Minerals Technologies Q2 profits down 40 pct
Jul 19 2001 03:13 PM PDT

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 PROFILE
Minerals Technologies makes your day brighter. Its precipitated calcium carbonate (PCC) chips brighten and whiten paper, teeth, and paint. Paper mills are major users of PCC, along with food and pharmaceutical companies, which use PCC for calcium and as a buffering agent in tablets. PCC accounts for 60% of Minerals Technologies' sales. The company's other mineral-based and synthetic mineral products include lime and talc used in the steel, cement, and glass industries. It also sells monolithic refractory products, which are used to coat steel, cement, and glass production surfaces with high-temperature resistant material. The US accounts for almost 70% of Minerals Technologies' sales.

 COMPETITION
Engelhard Corporation (EC)
J. M. Huber Corporation (dossier)
Martin Marietta Materials, Inc. (MLM)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 670.90
1-Yr. Sales Growth: 5.2%
Employees: 2,200
Revenue per employee: $304,954.55

 KEY PEOPLE
• Paul R. Saueracker
    CEO
• Neil M. Bardach
    CFO

 CONTACT INFO
The Chrysler Bldg., 405 Lexington Ave.
New York, NY 10174
US
Phone: 212-878-1800
Fax: 212-878-1801
Online: Web Site

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