MTI Reports Strong Performance for Q4, 2018

Minerals Technologies Inc (MTI) of New York, NY has reported a fourth quarter 2018 net income of US$43.1 million on sales revenue of US$447.5 million versus US$75.8 million on sales revenue of US$432.1 million in the fourth quarter of 2017. The company says that in the latest quarter, its pricing actions and improved business performance...

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Cabot Corp to Sell Specialty Fluids Business

Cabot Corp of Boston, MA has entered into a definitive agreement to sell its Specialty Fluids business to Sinomine (Hong Kong) Rare Metals Resources Co Ltd of China in a transaction valued at US$135 million. The purchase price consists of of US$130 million to be paid at closing, subject to customary closing adjustments, and additional...

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USLM Bolstered by Lime Sales to Steel Industry

United States Lime & Minerals Inc (USLM) of Dallas, TX has reported a fourth quarter 2018 net income of US$4.2 million on revenues of US$34.6 million compared with US$11.6 million on revenues of US$35.2 million in the corresponding period of 2017. Fourth quarter revenues from the company’s lime and limestone operations decreased 2.2% to US$33.9...

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Carbo Ceramics Looks to Grow Industrial Sales

Carbo Ceramics Inc of Houston, TX has reported a fourth quarter net loss of US$20.7 million on revenues of US$49.6 million versus a net loss of US$17.4 million on revenues of US$60.3 million in the same period of 2017. The company says that the decrease in revenues reflects the decline in sales of base ceramic...

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Eagle Materials Reports Positive Results, Outlook

Eagle Materials Inc of Dallas, TX has reported net earnings of US$57.7 million on revenues of US$333.3 million for its third quarter, the three months ended December 31, 2017, compared with US$101.4 million on revenues of US$359.4 million in the same period of 2017. Revenues were down for all three operating segments, Heavy Materials, Light...

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