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News Breaks
July 29, 2014
08:00 EDTMTXMinerals Technologies unit acquires new cost-per-steel-ton contract
Minerals Technologies announced that its Refractories business unit, Minteq International Inc., has signed an agreement with Bhushan Steel of India, to provide cost-per-ton steel refractory maintenance for two of Bhushan's Basic Oxygen Furnaces at its new steel-making facility in Angul in the state of Orissa. The three-year agreement provides for Total Refractory Maintenance for the BOF facility at Angul. This is the first CPT contract Minteq has signed in India, the company noted.
News For MTX From The Last 14 Days
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April 24, 2015
11:33 EDTMTXMinerals Technologies sees Q2 EPS $1.15-$1.20, consensus $1.15
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11:31 EDTMTXMinerals Technologies says Q2 is 'typically the strongest quarter'
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11:14 EDTMTXMinerals Technologies believes it is 'ready to move to another level'
Cites the company's confidence in its integration progress. Comments taken from Q1 earnings conference call.
11:06 EDTMTXMinerals Technologies sees Acquired Businesses Q2 synergies $16M
Sees Acquired Businesses Q3 synergies $17M. The company said it expects continued progress in the integration. IT also expects continued progress with PCC satellite construction in China in Q2 and expects strong performance in Performance Minerals for Q2. Expects Construction Technologies to move into a seasonally high period for Q2, but expects continued weakness in the on-shore markets for Energy Services in Q2. The company cites challenges in the market due to low oil prices and decline in utilization in steel industry. Comments taken from slides for Q1 earnings conference call.
April 23, 2015
17:08 EDTMTXMinerals Technologies reports Q1 adjusted EPS $1.07, consensus 99c
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