Elementis Rejects Minerals Technologies All-cash $819 Million Offer

Elementis PLC, a British speciality chemicals company has rejected Minerals Technologies Inc’s all-cash buyout offer as the valuation for the company of $819 million was too low. The offer would represent a premium of 31% to Elementis’s closing price of 81.70 on November 4, the day before the approach.  With 580.8 million shares in issue, … Read more

Indian Papermaker Assigns Minerals Technologies to build PCC Plant

Satia Industries Limited, an Indian paper manufacturer announced it plans to build a 42,000 metric ton per year satellite precipitated calcium carbonate (PCC) plant at its paper mill in Sri Muktsar Sahib, Punjab District, India. The company has signed an agreement with Minerals Technologies Inc., a global mineral technology provider, to build and operate the … Read more